Monday, April 22, 2013

News Bits | 22 April 2013


IDEAS OF THE DAY (SEE SEPARATE REPORTS FOR DETAILS)
 
*        Sector Update: Media
*        Quick Bites: GAMUDA, MISC, WCT, UZMA
*        On Our Portfolio: All Eyes on the Election Campaign
*        On Our Technical Watch: Weekly Technical
 
 
 
NEWS HIGHLIGHTS
 
*        Petronas Dagangan gets sukuk approval
*        CIMB Thai Q1 net profit up 11.4%
*        Up to EPF to decide RHBCap privatisation, says group MD
*        Kamdar to sell land, building for RM26.0m
*        Datasonic awarded RM15.0m KDN service contract
*        Johan in talks to sell charge and credit card ops
 
FOREIGN NEWS HIGHLIGHTS
 
*        Sprint/SoftBank asks FCC to go ahead with deal review
*        Nestle's Nespresso Growth Hit by Swiss Contender Migros
 
 
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
 
Global
 
*        IMF To Boost Oversight Of Bank Stimulus
 
Asia Pacific
 
*        G-20 Eyes Stimulus Fallout Even As Japan Bond Buying Praised
*        Japan Invited To Join TPP Trade Talks
*        PBOC's Zhou Says Slower Growth Needed For Restructuring
*        Australia Sees Wider Deficit As High Currency Hits Revenue
 
North America
 
*        Dealers Say No End To QE In 2013 As Hatzius Sees 2016 Rate Rise
*        Carney Says Next Canada Rate Move Needs Above 2% Growth
 
Europe
 
*        Greeks Have Lost A Third Of Their Disposable Income
 
Currencies
 
*        Dollar Gains Vs. Yen After G-20 Statement
 
Commodities
 
*        Oil Rebound After Week's Big Sell-Off
*        Gold Posts 5% Weekly Loss, Outlook Seen Volatile