NEWS HIGHLIGHTS
l Sunway buys land in Iskandar for RM12.0b project
l Two new faces on MAHB board
l QSR and KFCH announce new MD
l JCorp's personnel shuffle
l Shapadu emerges as Jetson’s new shareholder
l Tiong buys 5.5% Tadmax stake
l Digistar plans 137.6m rights issue
l Luster completes regularisation plan
l IWH hopeful of listing next year
FOREIGN NEWS HIGHLIGHTS
l Microsoft-Intel push to rival Apple in tablets sputtering
l Disney, Netflix sign exclusive TV distribution deal
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Malaysia
l MIER Raises 2012 GDP Forecast To 5.1%
Asia Pacific
l Japan Tunnel Collapse Threatens To Add To Fiscal Burden
l China, S. KoreaTo Boost Use Of Local Currencies In Trade
l Australia's Central Bank Cuts Main Interest Rate To 3%
USA
l Obama Says Tax Rate Cut For Wealthy Possible
l Home Prices Jump Most Since 2006
Europe
l EU Talks On Banking Supervision End Without Agreement
l Spain's Jobless Number Nears 5 Million
Currencies
l Japan, India Ink Currency Swap Accord
l Dollar Slides, Aussie Rises After Rate Cut
Commodities
l Oil Falls On U.S.Budget, Fuel Demand Concerns
l Gold Hits One-Month Low On Fund Selling, Technicals
Source: Kenanga
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