News Bits | 10 October 2013

IDEAS OF THE DAY (SEE SEPARATE REPORTS FOR DETAILS)

l  Sector Update: Education, Healthcare, MREITS

l  Quick Bites: CENSOF

l  On Our Radar: WELLCALL

l  On Our Technical Watch: JETSON, UOADEV

l  Economic Viewpoint: Economic Outlook 4Q13

NEWS HIGHLIGHTS

l  KPSB sells Taliworks stake at a loss

l  IJM Land to allay impact of cooling measures

l  Ibraco gets nod for Bintulu RM530.0m GDV property project

l  Hunza plans hotel to complement mall ops

l  YTL Power International steps up share buyback

FOREIGN NEWS HIGHLIGHTS           

l  BlackBerry is said to warm to idea of a breakup

l  Blackstone among potential bidders for Versace stake

 

ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)

Global

l  Emerging Market Output Growth Subdued In Sept

Malaysia

l  Foreigners Trim Malaysian Govt Debt Holdings

l  Malaysia Expected To Reap RM168b From Tourism

Asia

l  Indian Business Activity Falls To 4-Year Low

l  Indonesia To Regulate Currency Hedging

USA

l  Obama To Nominate Janet Yellen To Head Federal Reserve

l  Most Fed Officials Saw QE Tapering This Year, Minutes Show

l  Shutdown Day 9: House GOP To Meet With Obama At White House

Europe

l  UK Industrial Output In Surprise Fall

Currencies

l  Dollar Holds Gains As Fed Minutes Point To Taper

Commodities

l  Brent Slips Below $110 As US Budget Crisis Drags On

l  Gold Falls 1 Pct As Dollar Rallies After Yellen News