Monday, May 14, 2012

News bits | 14 May 2012


Reports
§  Newz Bits [download report]

Malaysian news
§  Axiata: Zooms in on targets
§  Maybank: Ups stake in Vietnam ops
§  AirAsia: Thai AirAsia’s fleet to double
§  MMC Corp: Malakoff buys stake in Bahrain power plant
§  SP Setia: Expands footprint in Penang
§  KrisAssets: Proposal to sell Mid Valley, Gardens malls
§  Maybulk: To scale back dividends, buy new vessels
§  Bintulu Port: Samalaju deepsea port project funded via equity, debt
§  Puncak Niaga: Tipped to land marginal oilfield job
§  Kimlun: Wins RM149m job
§  L&G: Eyes land worth RM1bn GDV
§  Xidelang: Mulls dual listing
§  Construction: MRT contract gets tepid response
§  Economy: BNM keeps OPR unchanged at 3%

Global news
§  US: The federal government logs first monthly budget surplus in 42 months
§  US: Consumer sentiment climbs to four-year high
§  US: Producer prices decrease for first time in four months
§  China: People’s Bank of China cut reserve requirements by 50bps
§  China: Industrial output boosts easing odds
§  Global: China, Japan, South Korea agree to start free-trade negotiations


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