Journey to Wealth
Kenanga Today - 12 October 2012
NEWS HIGHLIGHTS
l Petronas' RM170.b projects 'at risk' if payment to states raised
l AMMB to run Kurnia and AmG under single licence
l Astro grants near 21.9m share options
l AirAsia buys 121.6m shares of Tune Ins for RM16.0m
l Tan Chong upbeat on new Almera
l KSTB gets oil & gas services licence
l Haisan to dispose of Guanzhou unit
FOREIGN NEWS HIGHLIGHTS
l Icahn makes offer to acquire Oshkosh in USD3.0b deal
l Gibson to buy U.S. oilfield services company OMNI, hikes payout
l Workday raises USD637.0m in IPO, pricing shares above range
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Malaysia
l 0.7% Decline In IPI, Lowest In 15 Months
Asia
l Bank Of KoreaSharply Cuts Economy's Growth Forecasts
l China Raises Rail Spending Plan Again To Support Economy
l China's Banks Said To Resist Cutting Lending Rates
USA
l Jobless Claims In U.S. Fall To Four-Year Low
l Trade Deficit In U.S. Widened In August As Exports Dropped
l Consumer Comfort In U.S. Stayed Near Three-Month High Last Week
Europe
l Greece Unemployment Hits A Record 25% In July
l Italy Weathers Spanish Downgrade In Strong Bond Sale
Currencies
l Dollar Eases As Euro Recovers From Spain Downgrade
Commodities
l Oil Rises As Turkey-Syria Tensions Fuel Supply Concerns
l Gold Up With Riskier Assets, Snaps Four-Day Decline
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....
