Journey to Wealth
Kenanga Today - 14 Dec 2012
NEWS HIGHLIGHTS
l Petronas awards Block SB311 offshore Sabahcontract
l EPF posts 66.0% income growth from loans and bonds for Q3
l UEM Land starts marketing of RM600.0m bond
l AirAsia to unveil 100 Airbus A320 orders
l Axis-REIT plans RM350.0m property acquisitions next year
l Navis may try to privatise SEGi again
l Eonmetall to acquire, dispose industrial lands
l KUB, Sutracom in MoU for RM50.0m oil palm mill
FOREIGN NEWS HIGHLIGHTS
l Sprint seeks to buy rest of Clearwire in USD2.1b deal
l MUFG to buy BofA Merrrill Lynch's stake in Japan private banking joint venture
l Goldman unit insures GM's UK pension fund
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Asia
l S.Korea Central Bank Holds Rates, Cut Seen In Early 2013
l Hong Kong Increases Minimum Wage
USA
l Retail Sales Rebound As Jobless Claims Decline In U.S
l Jobless Claims In U.S. Decline To A Nine-Week Low
l Consumer Comfort Stagnates As U.S. Lawmakers Debate Budget
Europe
l Eurozone Agrees On Common Bank Regulator
l S&P Cuts U.K.Outlook To Negative On Risks From Weak Economy
l Greece Bailout Funds Approved
Currencies
l Dollar Rises After E.U. Bank Move, Fed Decision
Commodities
l Oil Falls As Fiscal Cliffhanger Fuels Caution
l Gold Falls As Fed Fears Prompt Funds To Liquidate Positions
Source: Kenanga
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
