NEWS HIGHLIGHTS
- HLB to invest RM40.0m on 20 new branches
- Guan Chong commissions 2nd production line at Batam plant
- Iris to buy stake in Oil Field Services
- Astral Asia unit securesgrant for park development
- KPJ units in Indonesiadeal
- Lysaght unit gets additional job
FOREIGN NEWS
HIGHLIGHTS
- Boeing said to win USD8.4b United order for 100 jets
- Intel to buy slice of ASML, bankroll next-gen R&D
- BP suspends costly Alaskaoil project
ECONOMIC
NEWSHIGHLIGHTS (MACRO BITS)
Asia
- Japan Machinery Orders, Current Account SurplusSlide
- Chinese Inflation Eases To 2.2% In June
USA
- Consumer Credit In U.S. Rises By $17.1 Billion, FedSays
Europe
- Draghi Signals ECB May Consider Another Rate Cut If Needed
- German Exports Increased More Than Forecast In May
- Spanish Borrowing Costs Above 7% As Euro Ministers Meet
Currencies
- Euro Up Vs. Dollar As Traders Watch Euro Zone
Commodities
- Brent Crude Above $100 As Norway Lockout Looms
- Gold Rises On China Inflation, Commodity Rallies
Source: Kenanga
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