News Bits | 10 Jan 2013

IDEAS OF THE DAY (SEE SEPARATE REPORTS FOR DETAILS)

l  Quick Bites: AXIATA

l  On Our Radar: MAYBULK

l  On Our Technical Watch: ALLIANZ, SKPETRO

l  Economic Viewpoint: Malaysia Trade Nov ’12, Japan - Abe’s inheritance

 

NEWS HIGHLIGHTS

l  DRB-HICOM mulls ‘Asian Car’ project

l  Battersea Power Station phase one goes on sale 10 Jan 2013 (Thursday)

l  Mudajaya ventures into power plants business in Myanmar

l  Race for oilfield reopens

l  Naza teams up with Russian firm maker

l  LBS Bina positive of BSP Skypark take-up rate

l  Takaso looking into defence venture

 

FOREIGN NEWS HIGHLIGHTS

l  Dish trumps Sprint's offer for Clearwire with USD2.3b bid

l  Blackstone rushes USD2.5b purchase as homes rise

 

ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)

Malaysia

l  Exports Bounced Back In The Month Of November

Asia Pacific

l  Thailand Holds Key Rate A Second Time As Outlook Improves

l  India Car Sales Growth Heads For Nine-Year

l  Australia Retail Sales Take Surprise Dip In November

USA

l  US Oil Production 'To Jump By A Quarter By 2014'

Europe

l  German Industrial Production Rises Less Than Forecast

l  UK Trade Deficit Narrows In November

Currencies

l  Dollar Gains; Japanese Yen Reverses Rebound

Commodities

l  Brent Slips, Below $112 As Investors Eye China Data, CBank Meetings

l  Gold Steady, Supported By Stocks On Earnings