Thursday, April 5, 2012

News Bits | 5 April 2012

Reports
§         Newz Bits [download report]

Malaysian news
§         AMMB: Gets nod to buy Kurnia
§         Axiata: To stay put in India
§         Proton: Names new model Preve

§         Pharmaniaga: In last stage of acquiring Indonesia factory

§         Shin Yang Shipping: Diversifies operations
§         Sapura: Sapura family feud goes to court
§         Steel: Rivals MISIF and MSA call for government’s regulation on imports

Global news
§         US: Services sector slips in March
§         US: Company payrolls grow by estimated 209,000 workers
§         US: MBA Mortgage Applications Index increased 4.8% last week
§         Europe: Services, manufacturing contract for second month
§         Europe: Retail sales declined in February, led by Germany
§         UK: March services expansion unexpectedly quickens
§         Myanmar: US to ease restrictions