Journey to Wealth
Kenanga Today - 19 October 2012
NEWS HIGHLIGHTS
l CIMB Thai posts RM140.0m profit
l MRT to award remaining 38 contracts worth RM2.0b by year-end
l Green Packet exploring strategic options for P1
l Asia Media CEO sells 22.6m shares
l Jetson proposes 10% share placement to raise up to RM9.66m
l Willowglen MSC wins two jobs worth RM9.96m
l Bursa reprimands Inix over internal audit failure
l Motor vehicle sales up 3.3% in September
FOREIGN NEWS HIGHLIGHTS
l Apple loses tablet copyright appeal against Samsung
l Richard Li nears USD2.0b buy of ING units: sources
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Malaysia
l Mier Sees 5.4% Growth Next Year
l Motor Vehicle Sales Rose 3.3% In September
Asia
l China's Economy Slows But Data Hints At Rebound
l China September Home Prices Fall 1.3% Year On Year
l Turkey Cuts Top End Of Interest-Rate Corridor
USA
l Housing Revival Boosts Outlook For U.S
l U.S. Jobless Claims Rise 46,000 On Seasonal Shift
l Index Of U.S.Leading Indicators Rose 0.6% In September
Europe
l EU Summit: Compromise Deal On Eurozone Bank Supervisor
l UK Retail Sales Rise As Shoppers Buy Winter Clothing
Currencies
l Dollar Gains After Downbeat U.S. Data
Commodities
l Oil Slips But Pares Loss On Shut Canada-U.S. Pipeline
l Gold Drops On Weak Equities, EuropeUncertainty
Source: Kenanga
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