Journey to Wealth
Kenanga Today : 13 August 2012
NEWS HIGHLIGHTS
- SC: Sime doesn't need to make MGO
- Takaful reports strong half
- Nicorp in oil venture with Keloil
- Daya signs MOU on oil & gas technologies
- Silk Holdings gets contract extensions from Petronas Carigali
- Dijaya 'naturally' interested in land
- George Kent again defends LRT project role
- Packaging sector sees pick-up in sales
FOREIGN NEWS HIGHLIGHTS
- Manchester United shares flat in debut after IPO disappoints
- Baer close to buying Merrill wealth unit: sources
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Asia
- Japan Parliament Passes Doubling Of Sales Tax To 10%.
- Japan Q2 GDP Rises 0.3% qtr/qtr.
- China Export And Import Growth Slows Sharply In July.
- China And Taiwan Sign Key Investment Protection Pact.
USA
- Treasuries' Slide Is Longest Since February On Economic Views.
- Growing Paychecks Boost Americans' Purchasing Power.
- Import Prices In U.S. Unexpectedly Fell In July For Fourth Month.
Europe
- Spanish, Italian Two-Year Notes Drop On ECB Plan, Growth Concern.
- UK Construction Output Fall Better Than Expected.
- Romania Completes Talks With IMF, EU On Review Of Its Aid Deal.
- Russia Holds Rates For Eighth Month As Inflation Quickens.
Currencies
- Dollar Falls, Market Shakes Off Weak Asia Data. The Aussie, Asia's= Proxy, Falls Less Than Anticipated.
Commodities
- Oil Falls As China Export Growth Slows, IEA Cuts Forecast.
- Gold Up On Stimulus Hopes After Weak Chinese Data.
Source: Kenanga
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
