13 February 2012, Monday
Banks
HSBC Malaysia reviewing operations
Employment
Industrial Court chairman cannot alter award once employee held to be guilty of misconduct
Financial markets
New measures on forex need close monitoring
Islamic banking and finance
Bank Islam said to be in talks with Bank Muamalat Indonesia
Still room for improvement in Sukuk market
Legislation
Draft Islamic Hire Purchase Bill in final stage
Scope of Personal Data Protection Act 2010 [Act 709]
Construction Industry Payment and Adjudication Act 2011 likely to be implemented year-end
Metals
Separate appeals over atomic regulator’s decision to grant Lynas a TOL
Oil and gas
Halliburton setting up shale technical centre in deal with Petronas
Property
Slowdown in high-end residential property sub-sector
ASIA
Airlines
Asia Pacific-based carriers experiencing relatively strong growth
Insurance
Bank of America Merrill Lynch to advise Prudential on possible bid for ING Asia
Islamic banking
Islamic Bank of Thailand aims to be among Asia’s top three in five years
AUSTRALIA
Banks
ANZ cutting 1,000 jobs as it shrinks Australian workforce
Intellectual property
EUROPE
Competition
Regulator will use antitrust powers to prevent misuse of patent rights
Intellectual property
Protesters march against Anti-Counterfeiting Trade Agreement
Mergers and acquisitions
Depressed M&A market may be on verge of fragile resurgence
SINGAPORE
Insurance
Great Eastern bullish on prospects in SE Asia
Company wants to build presence in Indonesia
Real estate
OCBC Investment Research raises target price for CapitaMalls Asia
CapitaMalls Asia opening more malls in China and Singapore
Telecommunications
SingTel’s quarterly profit hurt by weakness in Singapore and India
UK
Insurance
Phoenix, CVC Capital Partners terminate takeover talks
US
Gaming
Wynn Resorts may have to give biggest shareholder access to financial papers
Retail
Toy companies big and small betting on ‘AppCessories’
Technology