Journey to Wealth
Kenanga Today - 20 Feb 2013
NEWS HIGHLIGHTS
l Deftechbuys CTRM from MOF (Comment included in Kenanga Today)
l Lower operating expenses, cheaper raw material lift Padiberas Nasional 4Q profit
l Jobstreet's pre-tax profit rises to RM18.2m in Q4
l MAS Orders 36 ATR 72-600s for USD840.0m
l KLK keen on Aussie farm land
l Digistar bids for ICT jobs worth RM200.0m
FOREIGN NEWS HIGHLIGHTS
l Herbalife fourth-quarter profit tops analysts'estimates
l Dell profit falls amid attempt to go private
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Global
l OECD Economies In 0.2% Quarterly Decline
Asia
l India Cuts Borrowing As Chidambaram Curbs Spending
USA
l Obama Warns Sequester Will Cause Job Losses
l Homebuilder Confidence In U.S. Unexpectedly Fell In February
Europe
l German Investor Confidence Surges To Three-Year High
l Greek Current Account Gap Shrinks
Currencies
l Yen Up After Denial Of Plan For Foreign Bond Buys
Commodities
l Brent Steadies Below $118, Global Growth Hopes Support
l Gold Drops Near 6-Month Low On Economic Optimism
Source: Kenanga
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