IDEAS
OF THE DAY (SEE SEPARATE REPORTS FOR DETAILS)
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Quick
Bites: TSH
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On
Our Radar: GBGAQRS
NEWS HIGHLIGHTS
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Higher
electricity tariff next year?
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SapuraKencana
among those invited to bid for Newfield assets worth USD1.7b
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Matrix
increases landbank for development with total RM1.6b GDV
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Nestle
invests RM150.0m in new plant in Shah Alam
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FGVH
to close major acquisition deals today
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LBS
Bina in property project in Johor
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UEM
Group pledges klia2 deadline
FOREIGN NEWS
HIGHLIGHTS
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TPG
in final bidding for Canada
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LVMH
acquires Cashmere Clothier Loro Piana for
USD2.6b
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
l Japan Bank Lending Hits 4-Year High As BoJ Pumps Money
l Taiwan
l Consumer Borrowing In U.S.
l Greece
l German Exports In Sharpest Fall Since 2009
l German Industrial Production Decreased In May
l Euro-Area Investor Sentiment Drops Amid Portugal
Currencies
l Dollar Index Slips From 3-Year High As Yields Fall
Commodities
l Brent Crude Edges Lower As Supply Concerns Ease
l Gold Rises On U.S. Dollar's Fall, Bargain Hunting