News Bits | 7 August 2012

Reports

§  Newz Bits [download report]

Malaysian news

§  Felda Global: Reshuffling subsidiaries into 4 clusters

§  Jobstreet: Job ads still aplenty

§  Kenanga: Sees 30% cost synergies from merger

§  Uzma: Unit gets RM62m job

§  Nilai Resources: Privatisation may not be successful

§  KYM: May scrap Aceh mining venture plan

§  Consumer: Illegal cigarette trade down in March-May 2012

Global news

§  US: Fed says banks base standards on business, consumer loans

§  US: Bank loans at post-recession peak support US growth

§  Europe: European Sentix investor confidence drops less than forecast

§  Europe: UK house prices fall

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