News Bits | 8 Jan 2013

IDEAS OF THE DAY (SEE SEPARATE REPORTS FOR DETAILS)

l  Sector Update: Telecommunication

l  Quick Bites: ALAM

l  On Our Radar: CENTURY

l  On Our Technical Watch: PERDANA

 

NEWS HIGHLIGHTS

l  Perdana lands RM430.0m Petronas job

l  Scomi Oilfields clinches RM380.0m Indonesia deal

l  Malaysian AE Models unit gets sub-contract worth RM139.9m

l  Kumpulan Jetson unit gets London contract

l  Sunway unit gets RM45.0m Legoland Job

l  Brahim's completes buyout of unit

l  Firms vie for tie-up with Prasarana

 

FOREIGN NEWS HIGHLIGHTS

l  Alitalia investors consider possible sale

l  HTC earnings miss analyst estimates on lack of new phones

 

ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)

Malaysia

l  Malaysia 4th Most Popular Investment Spot In Asia

Asia Pacific

l  Abe Seen Spending 12 Trillion Yen To Boost Japan’s Economy

l  Japan Car Sales Jump As Industry Recovers From Tsunami

l  N.Z. Consumer Confidence, Spending Boosted By House Price Rises

USA

l  Obama: Hagel Can Make 'Tough Fiscal Choices' At Pentagon

l  Ten Banks Settle Foreclosure Suit For $8.5 Billion

Europe

l  France Hints At Lowering 75% Tax Rate

l  UK Car Sales Reach Four-Year High

Currencies

l  Dollar Falls As Traders Watch ECB, Fed

Commodities

l  Oil Firm, Brent's Premium To U.S. Narrowest Since Sept

l  Gold Falls, Fed Asset Purchases In Focus