IDEAS OF THE DAY
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Company
Update: MPI, SENDAI
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Quick
Bites: FAJAR, MRCB
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On
Our Radar: TEXCYCL
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On Our Technical Watch: ITRONIC
NEWS HIGHLIGHTS
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Foreign
workers to pay levy instead of employers with immediate effect (Comment
included in Kenanga Today)
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IGB
REIT posts RM146.9m profit
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Al-Hadharah
Boustead REIT’s earnings fall
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Southern
Steel’s 2Q loss wider than a year ago
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Favelle
Favco gets RM76.0m orders
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Salcon
bags contracts worth RM15.3m
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APM
inks JV with Thailand
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China
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Zenotec
to invest RM3.1m in R&D
FOREIGN NEWS HIGHLIGHTS
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Boeing
sees no big impact from 787 woes, profit beats
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Fiat profit beats estimates on narrower
European losses
ECONOMIC
NEWS HIGHLIGHTS (MACRO BITS)
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S.
Korean Output Unexpectedly Climbs On Domestic Demand
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US
Growth Hit By Surprise Setback
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Fed
Keeps US
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Private
Sector Adds More Jobs; Services
Lead Way
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Spain
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Euro-Area
Economic Confidence Rises More Than Forecast
Currencies
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Dollar Falls
Commodities
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Oil
Rises As Economic Optimism Overshadows Weak US
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Gold
Rises On Surprise Drop In US Growth, Fed