Journey to Wealth

Kenanga Today : 25 July 2012

kiasutrader
Publish date: Wed, 25 Jul 2012, 09:22 AM

NEWS HIGHLIGHTS
- Country View Q2 earningssurge 446.0% to RM8.54m
- Globetronics 2Q netprofit up 29.3% to RM9.71m
- Gabungan AQRS postRM5.64m profit
- THP to double plantationland with acquisition of plantation assets from Tabung Haji
- Inari to raise USD30.3mfor acquisition of Amerton Inc
- PAAB snubs offer forjoint venture
- Cambodia okaysOSK proposal
- Adventa gets revisedtakeover offer from Aspion
- Autoair gets takeover at23 sen a share
- Bursa assessingCybertowers' trading activities
- Tanco subsidiary sellsPD land
- Brahim's expands intoJapan


FOREIGN NEWS HIGHLIGHTS
- Cisco wins EU approvalfor USD5.0b NDS acquisition
- TPG makes freshUSD712.0m bid for Australia'sBillabong

 ECONOMIC NEWS HIGHLIGHTS (MACROBITS)
Global
- Fitch Ratings: Ratings With Negative Outlook Double

Malaysia
-  Malaysia'sDebt Still Manageable, Says Idris Jala

Asia
-  ChinaManufacturing 'Picking Up', Hsbc Survey Indicates

USA
- Home Values Post First Year-Over-YearIncrease Since 2007

Europe
-  Spain UnderNew Pressure As Borrowing Costs Rise
- GreeceRecession Will Deepen, Says Antonis Samaras

Currencies
- Dollar Extends Gains ToTwo-Year High

Commodities
- Oil Up On China Data, But EuropeConcerns Limit Rise
- Gold Edges Up On EuroZone Fears, Dollar Limits Gains

Source: Kenanga
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