Journey to Wealth
Kenanga Today - 7 Nov 2012
NEWS HIGHLIGHTS
l Pharmaniaga's Q3 pre-tax profit increases to RM29m
l RCE Capital 2Q profit lower at RM15.5m
l Bina Darulaman 3Q profit falls to RM5.5m despite higher turnover
l Handal Resources pre-tax profit drops 40%
l Malaysia Smelting Corp posts Q3 loss
l Boustead unit buys land from LTAT
l Favelle Favco units secure RM58.5m orders
l Pestech says it signs MoU on Laos venture
l Bursa raps Perdana Petroleum, CEO
FOREIGN NEWS HIGHLIGHTS
l Sinopec said to buy Nigeria oil blocks from French Total
l Inmet's bid to take over Petaquilla fails
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Asia Pacific
l Australia Central Bank Holds Rates, Leaves Door Open On Cut
USA
l Job Openings In U.S. Decreased By 100,000 In September
Europe
l France To Raise Vat To Fund Company Tax Breaks
l Mining And Quarrying Slump Drags UK Production Down
l UK: New Car Sales Rise 12% In October, SMMT Says
l Russian October Inflation Rate Unexpectedly Falls To 6.5%
Currencies
l U.S. Dollar Slips As U.S. Votes
Commodities
l Brent Steadies Under $108; U.S.Vote, Greece In Focusl Gold Jumps 2% On Obama Bets, Technical Bounce
Source: Kenanga
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