Wednesday 12 December 2012

Kenanga Today - 12 Dec 2012

NEWS HIGHLIGHTS
l Bintulu Port unit to raise RM1.35b
l Berjaya Sports Toto business trust gets Singapore's approval
l Maxis allocates half a billion ringgit to activate 4G LTE services
l Proton, Petronas ink engine deal
l Iskandar M'sia Jan-Nov investments at RM20.4b
l 30.4% of Malakoff capital for sale in IPO
l Hektar REIT posts RM17.7m revaluation surplus

FOREIGN NEWS HIGHLIGHTS
l Deutsche Bank said to pare U.S. commodities as Silbert exits
l Britain says it won't stand in way of Nexen-CNOOC deal

ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Malaysia
l IPI Beats Expectations
l IMF: Stable Outlook For Malaysia's Growth
Asia Pacific
l China November Loans Slow But Economic Recovery On Track
l Australia Business Confidence Slumps In November
USA
l Job Openings Rose In October To Four-Month High
l Trade Deficit Widens As Exports Slump
l Wholesale Inventories Rose More Than Forecast In October
Europe
l German Investor Confidence Jumps To 7-Month High
Currencies
l Dollar Falls As Fed Meeting Starts
Commodities
l Oil Prices Rise As Federal Reserve Meeting Starts
l Gold Edges Down On U.S. Budget Hopes Before FOMC

Source: Kenanga

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