Journey to Wealth
Kenanga Today - 7 Dec 2012
NEWS HIGHLIGHTS
l MMHE awarded RM165m contract by ExxonMobil (Comments are included in Kenanga Today)
l Yinson subsidiary to build warehouse in Vietnam (Comments are included in Kenanga Today)
l Bolton launches high-end property project, RM300m GDV
l Bolton in talks to dispose of Langkawi shopping mall
l Digistar bags Iskandar TV studio job
l LBI Capital to build commercial project in Kuantan
l Project to contribute to Sentoria
l Bursa queries Takaso over unusual market activity
FOREIGN NEWS HIGHLIGHTS
l Deutsche Telekom sacrifices dividend for USD39.0b investments
l Facebook in talks to buy Microsoft ad technology
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Asia Pacific
l South Korea Third-Quarter GDP Growth Revised Down
l Australia Employment Up Again, Jobless Rate Drops
USA
l Jobless Claims In U.S. Decline As Sandy Effect Wan
l Consumer Comfort In U.S. Holds Near Highest Since April
l Household Net Worth In U.S. Increases By $1.72 Trillion
Europe
l European Central Bank Cuts Growth Forecasts And Holds Rates
l Bank Of EnglandRefrains From Further QE Stimulus
l German Manufacturing Orders Surge In Sign Of Resilience
Currencies
l Dollar Gains After Draghi Talks Rate Cuts
Commodities
l Oil Extends Tumble On EuropeWorry
l Gold Steadies Near One-Month Low After ECB Decision
Source: Kenanga
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