NEWS HIGHLIGHTS
l F&N Q4 pre-tax profit falls 12.9%
l Shangri-La Hotels Q3 pre-tax profit rises
l Press Metal 3Q up seven times on tax asset
l Pintaras Jaya posts higher Q1 profit
l OSK Prop posts pre-tax profit, revenue dwindles
l Berjaya Corp to acquire shares in Atlan
l Encorp secures RM63.92m job
l TAS gets RM44.9m contracts
l Engtex unit buys land to build office
FOREIGN NEWS HIGHLIGHTS
l Amazon turns wine merchant
l Adidas in talks to sell ice hockey business
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Malaysia
l OPR retained at 3.00%l The IPI in September rebounded by 4.9%
l OPR retained at 3.00%l The IPI in September rebounded by 4.9%
Asia Pacific
l Indonesia Keeps Rates On Hold, Sees Strong 2013 Growth
l China Congress: Hu Jintao Says Reforms To Deepen
l Australia Employment Beats Forecasts, Lengthens Rate Cut Odds
USA
l Record Overseas Sales Boost U.S. Growth
l U.S. Jobless Claims Fall As Storm Starts To Affect Data
l U.S. Consumer Comfort Climbs To Highest Level Since April
Europe
l Eurozone Interest Rates Remain At 0.75%, Economy 'Weak'l IMF Adds To Pressure On Spain To Seek Bailout, ECB Helpl Bank Of EnglandRefrains From Further QE Stimulusl German Exports Fall At Fastest Pace Since Dec 2011
Currencies
l Dollar Up; Euro Wipes Out All ECB Gains
Commodities
l Oil Rebounds After Plunge, Economy Concerns Limit Risel Gold Hits 3-Week High As Longs Return On Obama Victory
Source: Kenanga
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