Journey to Wealth
Kenanga Today - 21 Nov 2012
NEWS HIGHLIGHTS
- Boustead 3Q net profit dips 35.56% on lower plantation earnings
- BHIC 3Q loss widens on continuing shipbuilding loss
- Takaful Malaysia's profit grows by 55.0%
- Manulife Q3 profit down
- Apex 3Q profit triples on investment gains, but flags weaker 4Q
- Nadayu posts profit in quarter to Sept
- Hektar REIT posts higher Q3 profit
- Malton reports lower Q1 pre-tax profit
- TauRx receives USD31.5m from Genting
- MAS lands RM5.31b financing
- Ekuinas plans to list its unit Icon Offshore in 2014
FOREIGN NEWS HIGHLIGHTS
- Lehman's Archstone to raise USD3.5b in closely watched IPO
- Bayer walks away from Schiff After Reckitt Trumps bid
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Malaysia
- Malaysia's Free Trade, Partnership Accords With EU To Be Concluded In 2013
Asia
- Japan Government To Spend 1 Trillion Yen On Next Stimulus
- China Foreign Investment Falls For 11th Time In 12 Months
- US Passes EU As China's Top Export Market
USA
- Bernanke Warns Congress To Avoid 'Fiscal Cliff'
- Housing Starts In U.S. Increase To Four-Year High
Europe
- France Shrugs Off Loss Of Top Triple-A Credit Rating
- Greece: Eurozone Ministers To Make Crunch Decision
Currencies
- Dollar Edges Up; Euro Waiting For Greece News
Commodities
- Possible Middle East Truce Pressures Oil
- Gold Down On Gaza Ceasefire Hope, Bernanke Comments
Source: Kenanga
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