Friday, July 20, 2012

New Bits | 20 July 2012


Reports
§  Newz Bits [download report]

Malaysian news
§  Top Glove: Earmarks RM3bn for expansion
§  Banking: Indonesia cap positive for Malaysian banks
§  TNB: Posts RM619m net profit in 3Q
§  TNB: Gets government assurance on gas price impact
§  BAT: Lower expenses boost 2Q profit
§  Ho Hup: Secures RM87m construction job
§  Automotive: MAA sees better car sales in 2H
§  Automotive: Incentives for green cars
§  Construction: Prasarana fends off LRT criticism
§  Oil & Gas: Fair pricing for gas
§  Oil & Gas: Petronas inks deal with Italy-based Versalis SpA
§  Properties: Medini Iskandar to build condos with Chinese firm

Global news
§  US: Jobless claims rise amid auto plant layoffs
§  US: Manufacturing in Philadelphia region shrinks for third month
§  US: Home sales to factories signal 2H weakness
§  US: Leading economic indicator declines in June
§  Europe: Spain struggles to sell debt as French yields fall to record
§  Europe: Spain approves austerity plan


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