Journey to Wealth
Kenanga Today - 23 Jan 2013
NEWS HIGHLIGHTS
l Petronas Dagangan plans RM700.0m capex for 2013
l BAT awaits impact of govt cigarette ruling
l Perisai Petroleum's 85.0m placement shares fixed at RM1.03
l KFC's RM130.0m expansion plan
l IRCB faces winding-up if it fails to pay RM16.9m debt
l Latexx Partners sued by Sentinel
l Cut in ChinaStationery majority stakes
FOREIGN NEWS HIGHLIGHTS
l Microsoft in talks to invest up to USD3.0b in Dell
l Google profit rises on year-end advertising gain
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Global
l World Jobless Numbers Rise, Says UN Labour Agency
l Davos 2013: Business Leaders 'See No Growth'
Malaysia
l Reserves As At January 15 Increased By RM0.8b
l Malaysia-S. KoreaBilateral Trade Upturn
Asia
l Japan Agrees 2% Inflation Target And Asset Purchases
USA
l Existing Home Sales Decline As U.S. Supply Dwindles
Europe
l German Investor Confidence Surges To Pre-Crisis High
l Financial Transactions Tax In EuropeGiven Go-Ahead
Currencies
l Dollar Falls After Bank Of Japan Policy Moves
Commodities
l Brent Up Near $112 On Better Global Economic Outlook
l Gold Up On JapanStimulus
Source: Kenanga
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