IDEAS OF THE DAY (SEE SEPARATE REPORTS FOR DETAILS)
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Sector
Update: Media, Construction & Property (KVMRT2)
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Results
Note: BJTOTO
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Quick
Bites: AIRPORT, ASIABRN
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On
Our Technical Watch: AFFIN, HUAYANG
NEWS HIGHLIGHTS
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MAHB
sets May 2, 2014 as KLIA2 revised opening date
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MHB
has placed bids worth RM4.0b this year
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Mudajaya
scouts for regional power plants to boost recurring income
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Aeon
Credit Services to expand fee business
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Hibiscus
Petroleum unit gets USD10.0m investment
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ECM
Libra 1Q profit falls 51.0% to RM2.9m
FOREIGN NEWS HIGHLIGHTS
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Icahn
seeks Dell share buyback, buys Southeastern stock
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Verizon
says it’s considering deal for Canada ’s
Wind Mobile
ECONOMIC
NEWS HIGHLIGHTS (MACRO BITS)
Global
l G8 Leaders Agree Tax Evasion Measures
l M’sia-Australia FTA To Help Expand Bilateral Trade
l Vehicle Sales Down For 2nd Consecutive Month
l China Home-Price Gains Add To Dilemma On Cash Crunch
l Consumer Prices In U.S. Increased Less Than Forecast
In May
l Housing Starts In U.S. Rose In May To 914,000 Annual
Rate
l UK Inflation Rate Rises To 2.7% In May
l German Investor Confidence Rises As Recovery
Strengthens
l European Car Sales Hit 20 Year Low for May
Currencies
l Dollar Rises Vs. Yen Ahead Of Fed Decision
Commodities
l Brent Hovers Near 10-Week High, Fed Meeting In Focus
l Gold Prices Retreat Ahead Of Fed Meeting