News Bits | 9 September 2013

Kenanga Today

IDEAS OF THE DAY (SEE SEPARATE REPORTS FOR DETAILS)

l  Quick Bites: KIMLUN

l  On Our Portfolio: On Holding Pattern

l  Economic Viewpoint: Malaysia External Trade

 

NEWS HIGHLIGHTS

l  Approval lapses but Malakoff still intends to list

l  Sersol targets Main Market in 3 years

l  TM eyes 4G-LTE market

l  Shipbuilder Shin Yang sees brighter prospects

l  Prestariang may get SapuraKencana job

FOREIGN NEWS HIGHLIGHTS           

l  Google made new offer to settle EU antitrust probe

l  China buys into giant Kazakh oilfield for USD5.0b

 

ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)

Global

l  G20 To Share Tax Information By 2015

Asia

l  China Trade Rebounds In Further Sign Economy Stabilizing

USA

l  US Employment Rises Again In August

Europe

l  UK Trade Deficit Doubles In July To £3.1bn

l  German Exports Record Unexpected Fall In July

l  Greek Economy Shrinks At Slowest Pace Since 2010

l  Cyprus Economic Contraction Worst Since Mid-1970s

Currencies

l  Dollar Drops On Jobs; Mexican Peso, Aussie Rise

Commodities

l  Oil Edges Firmer Ahead Of U.S. Jobs Data

l  Gold Up As U.S. Job Growth Disappoints, But Posts Weekly Loss