Newz Bits 160112

Reports

§         Newz Bits [download report]

Malaysian news

§         AirAsia: Unit AirAsia X route cuts may impact positioning

§         DRB-Hicom, Proton: Deal likely imminent, may be priced higher than RM5.50

§         Ta Ann Holdings: Sees softer plywood prices

§         YNH Property: Targets RM1bn property sales in FY12

§         Cocoaland Holdings: Raising prices, capacity

§         Can-One: Set to take control of Kian Joo by this week

§         REDtone: Joins forces with two local giants

§         Digistar Corp: Poised to secure slice of digital TV project

§         REITs:  Volatile year for REITs

§         Technology:  Hard disk driver price seen rising                  

Global news

§         US: Trade gap widened more than forecast to US$47.8bn

§         US: Consumer sentiment climbs more than forecast

§         Europe: France loses AAA status as S&P wields ax

§         Europe: Greek debt talks with creditors stall amid coupon dispute

§         Europe: Money-supply growth slows to weakest pace in decade

§         Europe: Export surge adds to signs of stabilization

§         China: Foreign-exchange reserves drop first time since 1998

§         South Korea: BoK holds rate a seventh month

§         Singapore: Retail sales rise on telecommunication, gas purchases

Visit ECM Libra at https://www.ecmlibra.com/ecmlsmy

Our on-line trading portal at www.ecmmoney.com