Journey to Wealth

Kenanga Today - 31 Oct 2012

kiasutrader
Publish date: Wed, 31 Oct 2012, 09:11 AM

 

NEWS HIGHLIGHTS

- TH Plantation 3Q earnings eroded by lower CPO sales

- Globetronics pre-tax profit doubles

- Tower REIT 3Q profit up 47.0%

- Cycle & Carriage Q3 profit down 64.7%

- PLB Eng pre-tax profit jumps to RM15.7m

- Petronas discovers oil reserves in Bertam

- Gek Seng adds new twist to Latexx takeover

- IGB consortium to build RM8.4b Taipei Twin Towers

- AirAsia records surge in passengers

- DKSH inks deal with The Coffee Bean & Tea Leaf

- TH Heavy Engineering is no more a PN17 company

 

FOREIGN NEWS HIGHLIGHTS

- Ford profit slips as North America counters Europeloss

- Disney to buy "Star Wars" producer for USD4.1b

 

ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)

Asia

- Japan Boosts Stimulus Measures To Spur Growth

- Japan October Manufacturing Pmi Hits 18-Month Low On Weak Exports

- Japan SeptemberIndustrial OutputFalls 4.1 % On-Month

- Singapore To See Slow Growth, High Inflation In 2013

- India Interest Rates On Hold As Bank Reserve Ratio Cut

USA

- US Home Prices Climb For Seventh Straight Month.

- Hurricane SandyThreatens $20 Billion In Economic Damage

Europe

- German Jobs Machine Falters For First Time In Three Years

- Spanish Economy Mired In Recession

- Spain Narrows Central Government Budget Deficit To 4.39%

- Greece Agrees Deal With Creditors On Austerity Plan

- Hungary Cuts Rates For Growth Amid EU’s Highest Inflation

Currencies

- Dollar Down; SandyTo Keep Fed Busier Than BOJ

Commodities

- Oil Rises From Lowest Level Since July After Superstorm

- Gold Flat As Europe Stocks Gains Muted By US Sandy

 

Source: Kenanga

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