Journey to Wealth
Kenanga Today - 28 Dec 2012
NEWS HIGHLIGHTS
l Berjaya Corp revenue climbs to RM1.8b in Q2
l Adventa returns to profitability in 4Q
l Poh Huat recorded RM7.9m net profit on Vietnam's operation
l VSI 1Q profit down, reduces Indonesia operation
l Analab earnings down 52% in Q2
l HeiTech Padu accepts RM34m deal
l Protasco clinches Perak 7-yr road concession
l Eversendai increases stake in Singapore's Technics
l QSR trading suspension on January 7
FOREIGN NEWS HIGHLIGHTS
l Berkshire to buy Lightower, Sidera for USD2.0b
l Blackstone's SeaWorld files for USD100.0m IPO
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Asia
l Thai Factory Output In November Up Sharply
l South Korea Lowers Its Growth Forecast
l Profits At China's Factories Jump As Economy Recovers
USA
l US Senate Leader Harry Reid Voices Fiscal Cliff Fear
l Labor Market, Housing In U.S. Strengthen Into 2013
l Consumer Sentiment Weakens As Fiscal Crisis Looms
Europe
l Italy Hits Target Amount At First Debt Auction Of 2013
Currencies
l Dollar Edges Down On Fiscal-Cliff Flip-Flop
Commodities
l Oil Eases As U.S.Budget Uncertainty Drags On
l Gold Up Again But Gains Small As Fiscal Crisis Hedge
Source: Kenanga
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