Friday, October 5, 2012

News Bits | 5 Oct 2012


Reports
§  Newz Bits [download report]
 
Malaysian news
§  DiGi: Pins hopes on LTE
§  KLK: Expands oil palm operations to Papua New Guinea
§  Astro: IPO retail portion 6.08 times oversubscribed, price set at RM3/share
§  DRB-Hicom: Ties up with Faurecia for exhaust system
§  Automotive: Vehicle ownership cost in Malaysia among lowest in Asean
§  Power: Stabilisation fund poser
§  Property:  Ministry to implement 45 PPR projects
 
Global news
§  US: Small business hiring weak for third straight month in September
§  US: Initial jobless claims increase from two-month low
§  Europe: Draghi says next move isn’t his as Spain resists bailout request
§  Europe: ECB keeps rate unchanged
§  Europe: EU doubts on deficit cutting may hinder Spain’s path to bailout
§  Europe: IMF won’t disburse Greek loan if debt not sustainable
§  Global: World Bank signals Asian growth forecast downgrade
 
 
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