Journey to Wealth
Kenanga Today - 30 Oct 2012
NEWS HIGHLIGHTS
l Proton ties up with Honda
l RedTone posts net profit RM2.0m in 1Q
l Nylex's Q1 revenue up 34.5% to RM441.7m
l Bank Rakyat pre-tax profit jumps to RM1.6b
l NCB Q3 pre-tax profit drops to RM51.8m
l MRT Corp awards RM107m deals
l Mudajaya accepts job to build hotel
l Aeon Co may announce RM764.8m Carrefour buy this week
l Petronas to renew bid to secure Progress Energy deal
l MAS to join oneworld on Feb 1 2013
FOREIGN NEWS HIGHLIGHTS
l Rosneft to buy BP out of TNK-BP
l Singapore Air buys 10% of Virgin Australia amid airline shakeup
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Global
l Global Consumer Confidence Ticks Up
Asia
l Moody's Upgrades Philippines, Investment Grade Beckons
l India Pledges Fiscal Deficit Cut But Short On Specifics
USA
l Consumer Spending In U.S. Increases 0.8% As Incomes Climb
l U.S. Treasury Lowers Borrowing Estimate By $29 Billion
Europe
l Spain Retail Sales Decimated By VAT Hike
l UK Consumer Credit Posts Biggest Rise In Over 4 Years
Currencies
l Dollar Buoyed As SandyMenaces East Coast
Commodities
l Oil Falls Below $109 As Hurricane Shuts Refineries
l Gold Down On Economic Worry, Volume Light Due To Storm
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....
