NEWS HIGHLIGHTS
l Cypark 4Q net profit doubled to RM5.0m
l Kim Loong reports 63.0% fall in 3Q profit
l Petronas Dagangan completes acquisition in Vietnam
l KLK expects to see six plants running, Indonesia factories to commence ops this year
l Malaysia Airports' unit sets up JV company with Atoz hospitality
l Tambun Indah to launch more projects in Penang
l OCK expected to benefit from spillover effect of spectrum allocation
FOREIGN NEWS HIGHLIGHTS
l Sharp considering raising USD1.2b to beef up capital: media
l Live Nation chairman Azoff said to exit concert company
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Asia
l China Manufacturing Index Shows Third Straight Expansion
l S. Korea Budget Gets Nod
l S. Korea December Inflation Eases, Gives Room For More Easing
l Singapore 2012 GDP Grew 1.2% As Recession Seen In Second Half
l Pakistan Inflation Accelerates For First Time In Seven Months
USA
l US Senate Passes 'Fiscal Cliff' Deal To Avoid Tax Rises
Europe
l Merkel Warns Germans Of Tough Economic Times Ahead
l Portugal Set For Major Tax Rises As 2013 Budget Hits
l Italy Debt Rallies In Euro-Area Bonds’Best Year As Crisis Eases
l Britons More Optimistic On Housing
Currencies
l Dollar Rises At Cliff’s Edge
Commodities
l Oil Ends Record Year Focused On Us Budget Crisis
l Gold Up 6 % In 2012; 12th Straight Year Of Gains
Source: Kenanga
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