Monday, June 11, 2012

News Bits | 11 June 2012

Reports
§  Newz Bits [download report]

Malaysian news
§  FGVH: Set to expand Canada ops
§  Genting: Buys stake in Australia’s Echo
§  AirAsia: Bangkok’s Suvarnabhumi airport closes runway
§  MMC: Unit to withdraw RM83.61m claim against Sumitomo
§  CapitaMalls: Gets nod for bond issuance
§  Dijaya Corp: Unit buys land, building from MPHB
§  Naim Holdings: New landmark for Bintulu
§  Yung Kong: To ramp up capacity with green line
§  Petra Energy: In talks with Bourbon
§  Metals: Smelting plant gets nod for EIA
§  Power: Major rate cut for first generation IPPs

Global news
§  US: Trade gap shrinks on bigger drop in imports
§  Europe: Spain seeks bailout with US$125bn bank aid bid
§  China: Trade surprise signals domestic stimulus focus
§  China: Slowing inflation, output growth
§  South Korea: Bank of Korea holds rate for 12th month


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