Monday, January 16, 2012

Newz Bits 160112

Reports
§         Newz Bits [download report]

Malaysian news
§         AirAsia: Unit AirAsia X route cuts may impact positioning
§         DRB-Hicom, Proton: Deal likely imminent, may be priced higher than RM5.50
§         Ta Ann Holdings: Sees softer plywood prices
§         YNH Property: Targets RM1bn property sales in FY12
§         Cocoaland Holdings: Raising prices, capacity
§         Can-One: Set to take control of Kian Joo by this week
§         REDtone: Joins forces with two local giants
§         Digistar Corp: Poised to secure slice of digital TV project
§         REITs:  Volatile year for REITs
§         Technology:  Hard disk driver price seen rising                  

Global news
§         US: Trade gap widened more than forecast to US$47.8bn
§         US: Consumer sentiment climbs more than forecast
§         Europe: France loses AAA status as S&P wields ax
§         Europe: Greek debt talks with creditors stall amid coupon dispute
§         Europe: Money-supply growth slows to weakest pace in decade
§         Europe: Export surge adds to signs of stabilization
§         China: Foreign-exchange reserves drop first time since 1998
§         South Korea: BoK holds rate a seventh month
§         Singapore: Retail sales rise on telecommunication, gas purchases


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