Journey to Wealth
Kenanga Today - 4 Feb 2013
NEWS HIGHLIGHTS
l Uzma enters Into JV with SabahAir Aviation (Comment included in Kenanga Today)
l HLI posts 11.7% net loss in Q2
l I-Bhd profit soars over 1,000.0%
l BHIC Gets RM32.4m Contract From Defence Ministry
l EGM paves the way for IJM to be Scomi's largest shareholder
l MPCorp ordered to pay RM113.0m
l Nur Jazlan join hands with Azim Zabidi for control of Patimas
FOREIGN NEWS HIGHLIGHTS
l Third Point sells 11.0m Yahoo shares to maintain stake level
l Permira, KKR to work with JPMorgan on ProSiebenSat.1 exit
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Asia
l Thai January Inflation Eases From A Year High
l Japan Factory Output Up, Firms Expect Recovery
l China Manufacturing Growth In Slowdown
l China's Services Industries Expand As Retailing Aids Recovery
l China Reports Record Capital-Financial Account Gap For 2012
USA
l Payroll Gains In Recent Months Show Progress In U.S.Jobs Market
l Treasury Yields Rise To Highest Since April As U.S.Adds Jobs
l US Consumer Sentiment Gains On Fiscal Deal Optimism
l US Manufacturing Growth Picks Up; Construction Spending Rises
Europe
l Eurozone Manufacturing 'On Course' For Return To Growth
l Euro Zone Inflation Nears ECB Goal, Record Joblessness
l UK Manufacturing Activity Edges Higher In January
Currencies
l Euro Surges Against Dollar After Jobs Data
Commodities
l Brent Crude Jumps, Premium Over US Crude Widens
l Gold Lifted By Us Payrolls Data, Posts Weekly Gain
Source: Kenanga
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