NEWS HIGHLIGHTS
l Poh Kong registers RM11.7m profit for 1QFY13
l Tenaga bidding for 2 coal-fired power plants
l AirAsia X CEO: No intention to mislead in website pricing
l MAS inks MoU to buy 36 planes worth RM3.0b
l Bumi Armada's unit secured USD276.4m term loan
l Bank Muamalat's gross financing rises to RM10.1b in 1H
l Bina Puri concession cancelled
l Prestariang gets O&G training job
FOREIGN NEWS HIGHLIGHTS
l Wal-Mart seen facing sizable fines in U.S. bribery probe
l Billabong gets Aud527.0m bid from Sycamore, Naude
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Asia
l BOJ Mulls 2% Inflation Target
l China Home Prices Gain In Majority Of Cities As Curbs Stay
l China Foreign-Investment Declines For 12th Time In 13 Months
l China's Treasuries Rise To Five-Month High As Japan Keeps Pace
l India Holds Rates But Signals Cut Soon
l Reserves At $100 Billion Shield Lira As Bonds Win
USA
l Obama Makes New Fiscal Cliff Tax Offer As Talks Pick Up
l Bank Deposits Surge $2 Trillion More Than Loans
l Homebuilder Confidence Rises To Highest Level Since 2006
l Current-Account Deficit In U.S. Narrowed 9% In Third Quarter
Europe
l S&P Raises Greece's Credit Rating
l UK Inflation Unchanged At 2.7% In November
l Swedish Central Bank Cuts Rat
Currencies
l Dollar Softens As Cliff Hopes Boost Risk Appetite
Commodities
l Oil Rises On 'Fiscal Cliff' Optimism, Refinery Issues
l Gold Steadies As US Budget Talks Progress Lifts Stocks