Monday, March 18, 2013

News Bits | 18 March 2013

IDEAS OF THE DAY
l  Quick Bites: RHBCAP
l  On Our Portfolio: Market sentiment turns bearish   
 
FOREIGN NEWS HIGHLIGHTS
l  Airbus to sign "major industrial deal"
l  Aeropostale Seen as Next Hot Top on Discount
l Quick Bites: RHBCAP
l On Our Portfolio: Market sentiment turns bearish
NEWS HIGHLIGHTS
l SapuraKencana receives 2nd extension for T-6 contract (Comment included in Kenanga Today)
l Petronas may not get 90.0% acceptance for MISC shares
l Boustead obtains RM2.8b syndicated loan
l DiGi announces boardroom changes
l Mah Sing rights oversubscribed
l Eversendai sells 51.0% stake in Vahana
l Caring Pharmacy seeking Main Market listing

FOREIGN NEWS HIGHLIGHTS
l Airbus to sign "major industrial deal"
l Aeropostale Seen as Next Hot Top on Discount
 
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Asia
l Haruhiko Kuroda Confirmed As BOJ Governor
l Japan Seeks To Join TPP Free Trade Talks
l China's Zhou Re-Appointed Central Bank Chief In Reform Push
USA
l US Factory Output Jumps In February Amid Recovery Hopes
l US Consumer Sentiment Tumbles To December 2011 Lows
l Fed Sent Record $88.4 Billion Profit To US Treasury Last Year
Europe
l Cyprus Leader Nicos Anastasiades 'Fights EU On Bailout'

l Easing Inflation, Wages Aid Case for Euro Zone Stimulus
Currencies
l Dollar Falls On Profit Taking Ahead Of Fed Meeting
Commodities
l Oil Gains On Weaker U.S. Dollar
l Gold Posts Second Weekly Gain