Journey to Wealth

Kenanga Today - 23 October 2012

kiasutrader
Publish date: Tue, 23 Oct 2012, 09:07 AM

NEWS HIGHLIGHTS
l AirAsia supremo Tony Fernandes finally says yes to KLIA2
l Genting completes disposal of power assets
l China Stationery buying 9.79% of Pelikan via share swap
l Khoo buys more MUI shares, stake up over 2% past two months
l Boilermech EGM supports the buy of production facility for expansion
l United U-Li secures RM13.2m property

FOREIGN NEWS HIGHLIGHTS
l BMC said to attract buyout interest from KKR, TPG, Bain
l No. 1 Brazil bookseller seen needing Amazon takeover: Corporate Brazil


ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Asia
l Indonesia Investments Rose Last Quarter On Mining, Transport
l Vietnam Will Struggle To Meet 2012 Growth Target
l Japan Exports Tumble, ChinaRow Hits Manufacturing Mood
l Japan Manuf Mood Worsens Over China -Reuters Tankan
Europe
l Germany May See Economy Shrink In Fourth Quarter
l Moody's Cuts Ratings On Catalonia, Four Other Spanish Regions
l Merkel To Warn UKOn Europe Budget Veto
Currencies
l Euro Buoyed By Spain Vote; Yen Under Pressure
Commodities
l Oil Dips On Economy Worry, But Supply Fears Support
l Gold Rebounds Above Key Support, Fed Statement Eyed

Source: Kenanga
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