News Bits | 18 April 2012

Other reports

§  Newz Bits [download report]

Malaysian news

§  APM Automotive: Gets the green light for Indonesian venture

§  Leader Universal: In China power plant deal

§  Wijaya: In talks to start logging in Papua

§  Hua Yang: Buys 40% stake in Sunny Mode

§  Ken Holdings: To start hospitality business with corporate suites

§  Ariantec Global: Raymond Chan emerged as a substantial shareholder

§  Automotive: March vehicle sales down to 53,583 units

§  Plantation: Thailand to import palm oil

§  Technology: 9 in passport deal race

§  Economy: No need for rate hike

Global news

§  US: Factories cool for first time in four months

§  US: Housing starts unexpectedly fall to five-month low

§  Europe: March inflation rate exceeds estimate on energy

§  Europe: German investor confidence increases to two-year high

§  China: Foreign direct investment declines for fifth month

§  India: Rates cut as growth risks trump inflation

§  Singapore: Exports unexpectedly drop as electronics sales ease

§  Global: IMF raises global forecast

§  Global: Push for more IMF cash gains speed after pledges

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