IDEAS OF THE DAY (SEE SEPARATE REPORTS FOR DETAILS)
l
Sector
Update: Automotive
l
Company
Update: MBMR, PADINI, WCT
l
On
Our Portfolio: The Perfect Mini Storm
NEWS HIGHLIGHTS
l
Privasia
posts higher pre-tax profit of RM2.3m in Q2
l
Zecon
unit gets RM606.0m government contract
l
Three
more firms shortlisted to bid for Newfield assets
l
Sentoria
buying land for RM30.0m
l
Two
divisions boost Scomi Q1 profit
FOREIGN NEWS
HIGHLIGHTS
l
Gap
second-quarter profit rises 25.0% as denim boosts sales
l Amgen close to buying Onyx for USD125.0 per share
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Global
l IMF's Lagarde Urges Caution Over Withdrawing Stimulus
l Kuroda-Bean Say Policies Spur Growth As Fed Weighs
Tapering
l South Asian Consumers The Least Anxious
l Sales Of New U.S.
l Euro Zone Consumer Morale Jumps To 2-Year High In
August
l UK
l German Budget Surplus Jumps In First Half Of Year
l Greece
Currencies
l Brazil Central Bank Commits $60bn To Prop Up Currency
l Dollar Swings To A Loss After New Home Sales Drop
Commodities
l Oil Edges Up On Strong China
l Gold Up 1.5 %, Near $1,400, On Poor U.S.