NEWS HIGHLIGHTS
l Silver Bird chalks up RM18m 4QFY2012 loss
l Felda plans RM60.0b township project in Pengerang
l TH Heavy gets stake in oil and gas deal
l Gabungan AQRS clinches RM36m industrial property contract
l UEM Builders' major feat in Second PenangBridge work
l XOX looks at possible fund-raising exercise for working capital requirements
l Tiger Synergy awaiting response
l Sunchirin plans privatisation
FOREIGN NEWS HIGHLIGHTS
l Starbucks employees to send politicians message on Cliff
l India rejects Mahindra's proposal for defense JV with Rafael
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Malaysia
l FTA With AustraliaTo Take Effect On Jan 1
Asia
l Singapore November Industrial Output Recovers On Pharmaceuticals
l Thai Exports Up 26.9% On-Year In November
l Thai Growth Forecast Lifted To 5.7%
l Aso Named Japan’s Next Finance Chief As Abe Primes Fiscal Pump
l South Korea’s Manufacturer Confidence Rebounds After Election
l North Korea’s China Trade Expanded More Than 60 % In 2011
Americas
l US Fiscal Cliff: Treasury To Act To Delay Debt Limit
l US Home Prices Rose In Ninth Straight Month
l US Holiday Retail Sales Growth Weakest Since 2008
l Chile Raised To 4th-Highest Rating At Standard& Poor’s
Currencies
l Philippines Imposes Currency-Forward Caps To Restrain Peso Surge
l Dollar Climbs To Highest Level vs. Yen Since 2010
Commodities
l Oil Jumps To Nine-Week High On Us Fiscal Talks, Technicals
l Gold Slips On U.S.Budget Woes
Source: Kenanga
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