Monday, December 17, 2012

News Bits | 17 Dec 2012

NEWS HIGHLIGHTS
l  NTPM 2Q profit up 31.0%
l  Bank Muamalat posts lower profit
l  Berjaya Media sinks into the red
l  Tebrau Teguh in RM335.0m job
l  Scomi passes first hurdle as SC approves bond
l  Al-Hadharah registers RM20.0m revaluation gain
l  IJM India to launch RM168.0m project in Hyderabad
l  Gamuda extends MD's contract
 
FOREIGN NEWS HIGHLIGHTS
l  UBS faces USD1.6b fine over Libor rigging: paper
l  Barclays says USD470.0m ferc penalty won’t stand in court
l  Symetra said to join Apollo in bid for Aviva’s U.S. unit
 
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Asia
l  Japan Tankan Survey Shows Business Sentiment Worsening
l  European Union, Singapore Complete Free Trade Pact Negotiations
l  China HSBC December Flash Manufacturing PMI Firms To 50.9
l  China To Keep Steady Policies, Deepen Reforms In 2013
l  India's Inflation Rate Slows Further In November
l  Pakistan Cuts Key Rate To 5-Year Low As Power Crisis Hits Growth
USA
l  Industrial Production In U.S. Jumps On Rebound From Sandy
l  Factories Hum At Eight-Month High In December
l  Consumer Prices In U.S. Decline More Than Forecast
Europe
l  Deeper Eurozone Union 'Agreed' - Germany's Merkel
l  Eurozone Manufacturing Sees 'Signs Of Moderating'
l  UK Construction Output Falls At Slower Rate In October
Currencies
l  Dollar Falls Vs. Yen Before Japan Vote; Euro Gains
Commodities
l  Oil Rises On China Data As January Brent Nears Expiry
l  Gold Heads For 3rd Weekly Drop; US Budget Talks Eyed
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