Kenanga Today : 10 September 2012

NEWS HIGHLIGHTS

- AirAsia close to major new Airbus deal

- Gadang hands over Runway 3 at KLIA2

- DRB-HICOM unit partners German firm

- UDA in talks to develop two townships

- Perwaja clinches deal

- Watchdog body surprised Ninetology-type of offer allowed

- Ingens chairman quits, sells shares to Chin Boon Long

- Sugar ops to sweeten Brahim's earnings

- Bolton plans to sell retail assets

 FOREIGN NEWS HIGHLIGHTS

- Glencore raises offer for Xstrata to salvage deal

- Googlebuys cybersecurity startup VirusTotal

 ECONOMIC NEWS HIGHLIGHTS(MACRO BITS)

Malaysia

- Exports Fell 1.9%, Imports Up 9.5% In July

- Malaysia-China Trade To Hit U$100b

Asia

- China Slower Output Gains Complicate EasingPolicies

- China To Widen Yuan's Trading Band 'At SomePoint’

USA

- US Economy Creates 96,000 Jobs But Figure Disappoints

- U.S. Fiscal Cliff Endangers World Economy,Lagarde Tells APEC

- APEC Summit: ClintonSays Us Wants Better RussiaTrade Ties

Europe

- German Industrial Output Unexpectedly Increased In July

- UK Industrial Output Jumps In July

- Merkel Wants GreeceIn The Eurozone

- Spanish Bonds Rise Most Since Start Of Euro On Draghi DebtPlan

Currencies

- Euro Jumps To Three-Month High On Tepid U.S. Data

Commodities

- Oil Rises As Jobs Data Reinforces Stimulus Hopes

- Gold Spikes 2 Pct; Us Jobs Data Feeds Hope For Fed Easing

Source: Kenanga