Tuesday, 8 January 2013

Kenanga Today - 8 Jan 2013


NEWS HIGHLIGHTS
l Perdana lands RM430.0m Petronas job
l Scomi Oilfields clinches RM380.0m Indonesia deal
l Malaysian AE Models unit gets sub-contract worth RM139.9m
l Kumpulan Jetson unit gets London contract
l Sunway unit gets RM45.0m Legoland Job
l Brahim's completes buyout of unit
l Firms vie for tie-up with Prasarana

FOREIGN NEWS HIGHLIGHTS
l Alitalia investors consider possible sale
l HTC earnings miss analyst estimates on lack of new phones

ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)

Malaysia
l Malaysia 4th Most Popular Investment Spot In Asia

Asia Pacific
l Abe Seen Spending 12 Trillion Yen To Boost Japan’s Economy
l Japan Car Sales Jump As Industry Recovers From Tsunami
l N.Z. Consumer Confidence, Spending Boosted By House Price Rises

USA
l Obama: Hagel Can Make 'Tough Fiscal Choices' At Pentagon
l Ten Banks Settle Foreclosure Suit For $8.5 Billion

Europe
l France Hints At Lowering 75% Tax Rate
l UK Car Sales Reach Four-Year High

Currencies
l Dollar Falls As Traders Watch ECB, Fed

Commodities
l Oil Firm, Brent's Premium To U.S. Narrowest Since Sept
l Gold Falls, Fed Asset Purchases In Focus

Source: Kenanga

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