NEWS HIGHLIGHTS
- AZRB picks Teraju's Advance Pact under RM600m deal
- Cheng: Lion Group's revamp for steel ops still on
- Construction of Kimanis power plant 66.06% completed
- Digistar to buy remainder of Seni Pujaan for RM13m
- TPS Builder wins Manli refinery jobs
- Indonesian Government likely to end Koba Tin contract nextyear
- UMLand won't seek alternate buyer
- Fate of IPPs to be known in September
- CheKhalib joins DRB-HICOM
FOREIGN NEWS HIGHLIGHTS
- GSK clinches deal to buy Human Genome for USD3.0b
- ThermoFisher to buy One Lambda for USD925m
ECONOMIC NEWSHIGHLIGHTS (MACRO BITS)
Global
- IMF Cuts Global Outlook As EU Ensnares Emerging Economies
Malaysia
- IMF Retains Malaysia'sGDP Growth Forecast
- Minimum Wage Gazetted, Takes Effect Jan 1
Asia
- Singapore New Home Sales Plunge In June From May
- South Korea's Bahk Rules Out Additional Fiscal Stimulus
- China Eases Taxes For Foreign Companies
- Indian Inflation Slows In June
USA
- Retail Purchases In U.S. Unexpectedly Decrease 0.5%
Europe
- London House Prices Plunge As Supply Rise AddsTo Lull
Currencies
- Dollar FallsAfter Weak U.S.Retail Sales
Commodities
- Oil Higher On Stimulus Hopes, Iran Tensions
- Gold Edges Up As Dollar Drops, All Eyes On Bernanke