Journey to Wealth
Kenanga Today - 4 Dec 2012
NEWS HIGHLIGHTS
Source: Kenanga
l Slight rise in Glomac Q2 profit
l Maybank aims to raise RM300m from AUSpicious 10
l RHB Bank has until Jan 31 to buy PT Mestika stake
l KPJ Healthcare to name new CEO, looks for more mergers and acquisitions
l Bintai Kinden unit secures job worth RM133.2m in Sabah
l Eversendai raises stake in Technics
l Tiger shares dive 12.0% on board revamp news
l Global adex set to hit USD518b
FOREIGN NEWS HIGHLIGHTS
l Saputo to buy Dean's Morningstar for USD1.5b
l Host Hotels Europe JV buys five hotels for USD572.0m
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Global
l IMF Accepts Temporary Capital Controls
Asia Pacific
l Indonesia's Record Trade Deficit To Pressure Rupiah
l S. Korea Tightens Monitoring Of Foreign Investment
l China Manufacturing Picks Up Momentum, Data Shows
l Australia Retail Sales Flat In November, Rate Cut Looms
USA
l Auto Sales Race To Five-Year High For November
l Manufacturing Unexpectedly Shrank As Orders Slowed
Europe
l Greece Begins Buying Back Bonds
l Spain Makes Formal Request For EU Bank Aid
l UK Funding For Lending: Loans Rise As Scheme Starts
Currencies
l Greek Hopes, ChinaData Undercut Dollar
Commodities
l Oil Steadies Around $111 On Signs Of China Growth Revival
l Gold Up On Dollar Dip, Mixed Manufacturing Outlook
Source: Kenanga
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