Friday 14 December 2012

Kenanga Today - 14 Dec 2012


NEWS HIGHLIGHTS
l Petronas awards Block SB311 offshore Sabahcontract
l EPF posts 66.0% income growth from loans and bonds for Q3
l UEM Land starts marketing of RM600.0m bond
l AirAsia to unveil 100 Airbus A320 orders
l Axis-REIT plans RM350.0m property acquisitions next year
l Navis may try to privatise SEGi again
l Eonmetall to acquire, dispose industrial lands
l KUB, Sutracom in MoU for RM50.0m oil palm mill

FOREIGN NEWS HIGHLIGHTS
l Sprint seeks to buy rest of Clearwire in USD2.1b deal
l MUFG to buy BofA Merrrill Lynch's stake in Japan private banking joint venture
l Goldman unit insures GM's UK pension fund

ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Asia
l S.Korea Central Bank Holds Rates, Cut Seen In Early 2013
l Hong Kong Increases Minimum Wage
USA
l Retail Sales Rebound As Jobless Claims Decline In U.S
l Jobless Claims In U.S. Decline To A Nine-Week Low
l Consumer Comfort Stagnates As U.S. Lawmakers Debate Budget
Europe
l Eurozone Agrees On Common Bank Regulator
l S&P Cuts U.K.Outlook To Negative On Risks From Weak Economy
l Greece Bailout Funds Approved
Currencies
l Dollar Rises After E.U. Bank Move, Fed Decision
Commodities
l Oil Falls As Fiscal Cliffhanger Fuels Caution
l Gold Falls As Fed Fears Prompt Funds To Liquidate Positions

Source: Kenanga

No comments:

Post a Comment