Journey to Wealth

Kenanga Today - 26 Dec 2012

kiasutrader
Publish date: Wed, 26 Dec 2012, 09:13 AM

NEWS HIGHLIGHTS
l RM2.0b MRCB projects
l Syed Mokhtar makes conditional offer for Tradewinds shares
l Oriented Media will not appeal Bina Puri decision
l Four Bright Packaging shareholders seek EGM
l Metronic Global chairman resigns from board
l Sunchirin requests for suspension
l Bursa Malaysia issues UMA query to XOX

FOREIGN NEWS HIGHLIGHTS
l VW races with GM for 2013 ChinaCrown as Toyotastruggles
l Rosneft lines up financing for USD55.0b TNK-BP takeover
l Lukoil wins USD1.7b Siberian oil auction; shares rise

ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Asia
l Vietnam Grows At Slowest Pace Since '99 On Credit Slump
l Japan's Incoming Pm Keeps Up Pressure On BOJ To Attack Deflation
l BOJ's $267 Billion JGB Buys Spur Record Win Streak
l South Korea Consumer Confidence Fails To Gain Amid Export Risks
USA
l Search For Way Through Fiscal Impasse Turns To The Senate
Europe
l Italy's Monti Opens Door To Seeking New Term
Middle East
l Turkey Central Bank Unveils New Tool To Limit Bank Debt Risk
l S&P Cuts EgyptRating On Political Strife
Currencies
l Egypt Imposes Currency Limits
l Dollar Up Vs. Japan's Yen After Abe Comments
Commodities
l Oil Dips As Fears Of 'Fiscal Cliff' Intensify
l Gold Near Flat Pre-Christmas; Fiscal Cliff In Focus

Source: Kenanga
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