Journey to Wealth
Kenanga Today - 18 Jan 2013
NEWS HIGHLIGHTS
l Starhill REIT 2Q net profit plunges 67.4%
l TRC Synergy signs on for Score project
l Tiong sells stake in Perdana Petroleum
l Ambank looks to sell stake in insurance arm
l Azim Zabidi in talks with foreign partner to revive Patimas
l QSR, KFC privatisation to conclude on Monday
l Placement will enable Ingenuity to expand IT ops
l Paramount proposes staff incentive plan
FOREIGN NEWS HIGHLIGHTS
l Cisco acquires minority stake in Russia's Parallels
l AT&T records USD10.0b pension charge
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Asia Pacific
l Singapore December Exports Fall
l Australia Employment Slips In December, Jobless Up
l N.Z. Consumer Prices Unexpectedly Fall 0.2%
USA
l Jobless Claims In U.S. Fell To Lowest Level In Five Years
l Housing Accelerates In Boost To U.S. Expansion
l Americans' Economic Outlook Fell In January To Three-Month Low
Currencies
l Dollar Slips; SpainDebt SaleBoosts Euro
Commodities
l Oil Rises On Improving U.S. Jobs, Housing Data
l Gold Flat, Platinum Snaps Seven-Day Rally
Source: Kenanga
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