Journey to Wealth
Kenanga Today : 24 July 2012
NEWS HIGHLIGHTS
- Cycle & Carriage Q2 pre-tax profit down
- Tanjung Offshore declares 35 sen special dividend
- AMMB to pay dividend of 13.5%
- Ekovest gets RM253.3m job to expand part of expressway
- Digistar to place out 10.0% of new shares
- IWH's offer for Tebrau Teguh extended by two weeks
- Faber hopes to get extension for hospital support servicesconcession soon
FOREIGN NEWS HIGHLIGHTS
- China's CNOOC to buy Canada's Nexen for USD15.1b
- Germany's Benckiser to buy Peet's Coffee for USD1.0b
ECONOMIC NEWS HIGHLIGHTS (MACROBITS)
Asia Pacific
- Japan Sees Wider Global Slowdown As ChinaGrowth Cools
- Japan Share Of EuropeRescue Debt Slides As Yields Turn Negative
- Australian Producer Prices Rose 0.5% Last Quarter On Imports
Europe
- Spain Slump Deepens As Bailout Fears Grow
- Spain Bans Short-Selling Of Shares As MarketsFall
- Moody's Warns On Germany's Aaa Credit Rating
- Creditors To Audit Greek Progress On Debt Reduction
Currencies
- Dollar Tops 2-Year High On Greece,SpainFears
Commodities
- Oil Tumbles Most This Year On European Debt Crisis
- Gold Off Lows On Safety Bids, Outperforms Equities
Source: Kenanga
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