News Bits | 3 Oct 2012

Malaysian news

§  Boustead: Unit gets RM204m vessel job

§  Sime Darby: SC suffers setback in E&O case

§  CIMB: Aims to grow credit cards by up to 15%

§  IHH: Turkey unit delisted

§  Malaysia Airports:  Unit forms JV to maintain Qatar airports

§  Naim: Plans RM2bn ‘mini KLCC’ in Bintulu

§  Dijaya: Goes upmarket

§  Timber:  Industry resilient

 

Global news

§  Europe: Greece's creditors look askance at cutbacks

§  Europe: Spanish Prime Minister says bailout request is not imminent

§  Europe: Spanish banks need more capital than tests find, Moody’s says

§  Europe: EU advisers want high-risk banking separated from retail

§  Australia: RBA cuts rate to 3.25% as mining-driven growth wanes