News Bits | 29 October 2013

IDEAS OF THE DAY (SEE SEPARATE REPORTS FOR DETAILS)

l  Results Note: DIGI

l  Company Update: HUAYANG

l  Quick Bites: ALAM, BENALEC

l  On Our Radar: YOCB

l  On Our Technical Watch: FCW, VITROX

 

NEWS HIGHLIGHTS

l  MBSB, unit plans RM7.0b Sukuk programme

l  Maxis ties up with Spotify for music access on mobile devices

l  KPF Okays Plan To Sell 51.0% Stake In Felda Holdings To FGV

l  No FY14 dividend for icapital.biz shareholders

l  Mudajaya inks wind energy deal

FOREIGN NEWS HIGHLIGHTS       

l  Vivendi and Lagardere agree 1 billion euro Canal+ buyout

l  Apple forecasts lighter holiday-quarter margin on costs

ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)

Malaysia

l  Fitch On Budget 2014: Negative Outlook Remains, Implementation Is Key

l  No Impact On Ratings From Budget 2014: S&P

Asia

l  S.Korea Oct Consumer Sentiment At 1-1/2 Yr High

l  Thailand's Dismal Sept Output Raises Recovery Concerns

USA

l  Factory Production in U.S. Increases Less Than Forecast

l  Pending Sales Of Existing Homes Slump By Most In Three Years

Europe

l  UK Retail Sales Growth Grinds To A Halt In October

Currencies

l  Dollar Sticks To Range; Retail Sales In Focus

Commodities

l  Brent Jumps On Libya Output

l  Gold Gains As Investors Bet On Continued Fed Stimulus