NEWS HIGHLIGHTS
- MRT Corp awards four more packages worth RM767.0m
- IHH Healthcare institutional price fixed at RM2.80
- RBS to exclude India business from sale to CIMB
- AirAsia, ST Aerospace ink maintenance pact
- UM Land gets takeover offer
- Pestech arm gets USD36.1m Sarawakjob
- KKB gets RM28.0m contract
- HELP launches Master coaching programme
- Bursa Securities queries Cybertowers after shares tumble
FOREIGN NEWS HIGHLIGHTS
- P&G directors said to discuss need to replace CEOMcDonald
- AvastSoftware sees IPO priced at USD9-USD11 a share
ECONOMIC NEWSHIGHLIGHTS (MACRO BITS)
Asia Pacific
- Asia More Resilient, Outlook Solid, Says IMF
- Bank Of KoreaUnexpectedly Cuts Benchmark Interest Rate
- China New Yuan Loans Top Forecasts; ForexReserves Shrink
- BoJ Refrains From Adding Stimulus, Spurring Stock Decline
- Indian Industrial Output Rebounded In May From A Decline
- Australia Employment Drops Unexpectedly, Ups Bets OnRate Cut
USA
- Jobless Claims Sink To Four-Year Low
- Import Prices In U.S. Fell In June By Most Since2008
- Consumer Comfort In U.S. Stagnates Amid Unemployment
Europe
- Republic Of Ireland Growth In 2011 Twice Previous Estimate
Currencies
- Dollar, Yen Gain As Stimulus Hopes Fade
Commodities
- Oil Drops On Demand Concern Amid Signs Economy Slowing
- Gold Down On Fed Stimulus Outlook, Dollar Rise
Source: Kenanga