Thursday, 10 January 2013

Kenanga Today - 10 Jan 2013


NEWS HIGHLIGHTS
l DRB-HICOM mulls ‘Asian Car’ project
l Battersea Power Station phase one goes on sale 10 Jan 2013 (Thursday)
l Mudajaya ventures into power plants business in Myanmar
l Race for oilfield reopens
l Naza teams up with Russian firm maker
l LBS Bina positive of BSP Skypark take-up rate
l Takaso looking into defence venture

FOREIGN NEWS HIGHLIGHTS
l Dish trumps Sprint's offer for Clearwire with USD2.3b bid
l Blackstone rushes USD2.5b purchase as homes rise

ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)

Malaysia
l Exports Bounced Back In The Month Of November

Asia Pacific
l Thailand Holds Key Rate A Second Time As Outlook Improves
l India Car Sales Growth Heads For Nine-Year
l Australia Retail Sales Take Surprise Dip In November

USA
l US Oil Production 'To Jump By A Quarter By 2014'

Europe
l German Industrial Production Rises Less Than Forecast
l UK Trade DeficitNarrows In November

Currencies
l Dollar Gains; Japanese Yen Reverses Rebound

Commodities
l Brent Slips, Below $112 As Investors Eye China Data, CBank Meetings
l Gold Steady, Supported By Stocks On Earnings

Source: Kenanga

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