IDEAS OF THE
DAY (SEE SEPARATE REPORTS FOR DETAILS)
l
Quick
Bites: MUHIBAH
l
On Our Technical Watch: PRESBHD, PTARAS
l Economic
Viewpoint: April ’13 Industrial Production
NEWS HIGHLIGHTS
l
San
Miguel seals deal to sell control of banking unit to CIMB
l
DRB-Hicom:
Plan to access China
l
BIMB
gets Bank Negara nod to start talks with Tabung Haji
l
AirAsia
might exit partnership with Nippon Airways
l
Offer
for MPHB Cap shares extended
l
Pesona
Metro bags RM87.2m contract from Putrajaya
l
Benalec
EGM okays 'undervalued' land sale despite shareholders' objection
FOREIGN NEWS HIGHLIGHTS
l
SoftBank
raises Sprint offer, wins key shareholder support
l
Vodafone
said to approach Kabel Deutschland about possible bid
ECONOMIC
NEWS HIGHLIGHTS (MACRO BITS)
l Production In The Month Of April Rebounded By 4.7%
l Kuroda’s April-Was-Enough Message Faces Investors
Wanting More
l Drop In Job Openings Tempers U.S Hiring Prospects
l Wholesale Inventories Rise Mildly, Auto Stock Surge
l US Small Business Confidence Hits One-Year High in May
l ECB’s Eurozone Rescue Scheme
Challenged In Germany
l Green shoots for UK housing market, says Rics
l U.K.
Currencies
l The Dollar Falls 3% Vs. Yen On
Central Bank Inaction
Commodities
l Oil Pares Losses Despite Fears Of Central Bank
Tightening
l Gold Down, Worries Over Central Bank Stimulus Weigh