Journey to Wealth
Kenanga Today - 2 Nov 2012
NEWS HIGHLIGHTS
l Bank Rakyat Jan-Sept pre-tax profit up 8.1%
l CBIP Q3 earnings flat at RM27.0m
l UOA REIT pre-tax profit climbs marginally
l Patimas audited net loss quadrupled to RM86.5m
l Japan's Aeon enters M'sia in a big way
l DRB-Hicom completes internal revamp
l U Mobile, Maxis share network
l Patimas falls into PN17 status
FOREIGN NEWS HIGHLIGHTS
l Pfizer profit matches estimates as forecast range narrows
l South Korea's Samsung Engineering says wins USD2.5 b order
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Asia
l Manufacturing In Asia Picks Up
l Indonesia September Trade Improves, October CPI Picks Up
l South Korean Exports Rise After Four Months Of Decline
l South Korea October Inflation Inches Up But Below Central Bank Target
l PBOC In Largest Ever Fund Injection, Signals Looser Money
USA
l Manufacturing Expands At Faster Pace In October
l Consumer Confidence Rises To Highest Since 2008
l Companies Sustain Productivity To Cut Labor Costs
l ADP Says Companies Add Most Workers In Eight Months
l Initial Jobless Claims Decrease By 9,000 To 363,000
l Consumer Comfort Held Close To Six-Month High Last Week
Europe
l UK Manufacturing 'Continues To Contract'
l France, Britain Set Stage For EU Budget Wrangling
Currencies
l Dollar Gains After ISM, Confidence Data
Commodities
l Brent Slips, U.S.Crude Higher As Stockpiles Drop
l Gold Retreats Below $1,720/oz, U.S. Jobs Data Eyed
Source: Kenanga
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