NEWS HIGHLIGHTS
l BLand posts Q2 net profit of RM98.3m
l Subur Tiasa 1Q net profit slumps 70.0% to RM3.2m
l A-Rank records lower net profit as revenue dropped 10.9%
l Parkson buys ownership rights of Qingdao mall for RM769.8m
l Apex Healthcare to set up JV to manufacture orthopedic devices
l Benalec in advanced talks
l Contest for Bank Islam sake
l Bonia undertakes restructuring
FOREIGN NEWS HIGHLIGHTS
l IntercontinentalExchange to acquire NYSE for USD8.2b
l Siemens to cut almost 1,100 German jobs in energy sector
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Asia
l Bank Of JapanBoosts Stimulus To Help Revive Growth
USA
l US Economy Grew 3.1%; Jobless Claims Rise
l Republicans To Hold Vote On Fiscal Cliff 'Plan B'
l U.S. Home Values Rose In 2012 For First Gain In 6 Years
l Sales Of Existing U.S. Homes Climb To Three-Year High
l Leading Economic Indicators Index In U.S. Fell 0.2% In November
l Foreign Central Banks' U.S. Debt Holdings Rise
Europe
l UK Retail Sales Flat In November
Currencies
l Dollar Hits New High Against Japan’s Yen
Commodities
l Crude Futures End Mixed As Budget Deal Stalls
l Gold Below $1,650/Oz, Down 1.1% On Fund Selling
Source: Kenanga
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