News Bits | 16 Arpil 2012

Reports

§  Newz Bits [download report]

Malaysian news

§  Banking: Rise in foreign shareholdings

§  Construction: Two MRT packages to be announced soon

§  Kumpulan Europlus: Coast is clear for highway job

§  Maybank: New appointments at Maybank Kim Eng

§  TNB: RM50m to meet electricity demand in West KL

§  YTL Power: Unit teams up with UK-based Xchanging

§  Genting Plantations: Unit buys stake in JV

§  Berjaya Sports Toto: Eyes stake in Philippine Number Forecast Operators

§  DRB-Hicom: Government will not interfere in the appointment of new Proton team

§  Affin Bank: Injects RM500m into Tier 1 and Tier 2 capital

§  Eversendai: Appointed sub-contractor for Jeddah project

§  Silver Bird: Works to resolve debt issue

§  Construction: Prolintas may start highway jobs next year

§  Building Materials: Raw material price poser

§  Oil & Gas: ATT Tanjung Bin oil terminal gets first cargo

§  Property: Syed Mokhtar, Sunway eyeing KGNS land

§  Economy: RON 95 stays despite dearer fuel

Global news

§  US: Consumer sentiment eases as job growth cools

§  US: Consumer prices increased at a slower pace in March

§  Europe: Spanish minister asks ECB to buy bonds as crisis deepens

§  UK: Stable AAA outlook as S&P disagrees with Fitch

§  China: Economy grew 8.1% in 1Q2012 vs 8.4% estimate

§  China: Yuan move to test fair-value assertions

§  Singapore: GDP rebounding prompts faster currency gains

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