Thursday, March 15, 2012

News Bits | 15 March 2012

Reports
§         Newz Bits [download report]

Malaysian news
§         TM: HSBB service in economically viable areas soon
§         WCT: Buys land in OUG for RM450m
§         Axiata: More open to selling M1, Idea?
§         AirAsia: Thai IPO expected to raise RM500m
§         DRB-Hicom: Weighs options for Lotus
§         Sunway REIT: RM200m to revive The Mall
§         TA Global: In RM1.5bn joint-development project in Canada
§         PetOne: Reprimanded by Bursa

Global news
§         US: Current-account deficit widens to US$124.1bn
§         US: Import prices rise less than forecast, food costs drop
§         US: MBA Mortgage Applications Index decreased 2.4% last week
§         Europe: Inflation rate at 2.7% for third month on energy
§         UK: Unemployment rose more than forecast in February
§         UK: Fitch puts UK debt on negative outlook days away from budget