News Bits | 7 Sept 2012

Reports

§  Newz Bits [download report]

 

Malaysian news

§  WCT: Proposes bonus shares and warrants issue

§  Sime Darby: Awaits Peru nod on oil palm plantation

§  SP Setia, Sime Darby: Battersea job to be done in 10 years instead of 15

§  DRB-Hicom: Not selling entire Bank Muamalat stake

§  Benalec: Seals deals on reclamation concessions

§  Brahims: Shareholders hold back on purchase

§  IGB REIT: Price fixed at RM1.25

§  Construction: My Rapid on track by 2017

§  Economy: Bank Negara maintains key rate at 3%

 

Global news

§  US: Jobless claims fall as companies add staff

§  US: Announced job cuts drop 37% y-o-y

§  US: Service industries expand at faster pace than forecast

§  Europe: ECB agreed to unlimited bond-purchase program

§  Europe: GDP contraction led by consumers, investment

§  Europe: ECB maintains interest rate and forecasts deeper contraction

§  Europe: EU to seek ECB oversight of all euro-area banks to curb risk

 

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