News Bits | 10 July 2012

Reports

§  Newz Bits [download report]

Malaysian news

§  Gamuda: Gamuda Land in RM600m commercial project in Kelana Jaya

§  Sunway: Re-looks project launches        

§  Lion Corp: Lifeline for Megasteel in the works

§  Hong Leong Bank: To tap growing Gen Y market  

§  MMC: To privatise Aliran at RM1.84 apiece          

§  Boustead: Unit to issue up to RM900m bonds

§  Coastal Contracts: Secures RM446m new vessel orders    

§  Guan Chong: Boosts output with second production line

§  Insurance: Four Aviva suitors enter second stage of bidding

Global news

§  Europe: German exports increased more than forecast in May

§  Europe: Spain set to get reprieve on deficit

§  US: Consumer credit rises by US$17.1bn

§  Europe: BOE's Tucker pushes back on Libor

§  Japan: Current-account surplus shrinks 63% as machine orders drop

§  Taiwan: June exports unexpectedly fall as global outlook worsens

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