IDEAS
OF THE DAY (SEE SEPARATE REPORTS FOR DETAILS)
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Company
Update: PUNCAK, SUPERMX
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On
Our Technical Watch: CMSB
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Economic
Viewpoint: BNM Monetary Policy Meeting, Industrial Production
NEWS HIGHLIGHTS
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AZRB
bags projects worth RM171.5m from UTM
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PKNS:
No takers yet for PJ Sentral stake
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Nestle
to up investments in Malaysia
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IOI
Properties proposes 2.2b share distribution
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Ong
likely to face uphill battle
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Selangor
government never gave allocation for capex, says Syabas
FOREIGN NEWS
HIGHLIGHTS
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Phoenix
Group in talks to merge with Swiss Re unit
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Former
MGM Chairman Sloan, Sagansky plan USD250.0m Media IPO
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
l Unchanged, Rates To Stay Pat For The Rest Of 2013
l Production In May Expanded By 3.4% YoY
l Indonesia Central Bank Surprises Again With Big Rate
Hike
l Bank Of Japan
l Australia
l US Budget Surplus Highest In Five Years In June
l Consumer Comfort In U.S.
l US Jobless Claims Jump Above Forecasts; Prices Still
Tame
l Bernanke Supports Continuing Stimulus Amid Debate Over
QE
l Greek Unemployment Hits New Record High (Again)
Currencies
l Bernanke-Inspired Liquidation Slams U.S.
Commodities
l Brent Near Three-Month
Peak
l Gold Rises 1.4 Pct As Fed Stimulus Extension Hopes
