Monday, November 18, 2013

News Bits | 18 November 2013


IDEAS OF THE DAY (SEE SEPARATE REPORTS FOR DETAILS)
l  Initiate Coverage: INTEGRA
l  Results Note: ASIABRN
l  Company Update: MPI
l  On Our Portfolio: O & G to Keep Market Warm
l  Economic Viewpoint: Malaysia 3Q13 GDP & BOP
 
NEWS HIGHLIGHTS
l  KPJ on RM1.0b expansion plan
l  Econpile plans to list on Main Market
l  Takaso set for active trade on Carlyle news
l  OSK Property upbeat on apartment
l  Ibiden expands Malaysian operations
l  KL Sentral to enter final phase
FOREIGN NEWS HIGHLIGHTS           
l  Apple buys Israel's PrimeSense for USD345.0m
l  Wal-Mart trims forecast as economy restrains shoppers
 
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Malaysia
l  October Vehicle Sales Fall, Year-To-Date Total Industry Volume Rises
Asia
l  China Leadership Pledges Expansion Of Economic Freedoms
USA
l  Factory Output Gain Signals Sustained U.S. Demand
l  Import Prices Fall On Cheaper Energy, Weaker Yen
Europe
l  EU Warns Spain And Italy Over Their Budget Plans
Currencies
l  U.S. Dollar Drops As Taper Timing In Flux
Commodities
l  Oil Suffers Longest Weekly Loss Streak Since 1998
l  Gold Flat, Yellen's Stimulus View Seen Supporting