NEWS HIGHLIGHTS
l BCorp
reports higher revenue
l Selangor
Properties pre-tax profit rises to RM40.6m
l Glomac Q1
earnings up 17.5% to RM21.0m
l Ingress
earnings down despite higher revenue
l Losses widen
for Trinity Corp
l Muhibbah's
unit bags RM240.6m job
l KSK
completes sale of Kurnia Insurans for RM1.6b
l Ayudhya
stake not sold to Maybank
l BRDB gets
90.0% acceptances
l Tricubes
will be delisted on October 1
FOREIGN NEWS HIGHLIGHTS
l TNK-BP
co-owners to bid for entire BP stake
l Taylor &
Martin to raise up to USD180.0m in IPO
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Global
l IMF: Global
Financial Reform Stuck In Growth Slump
Malaysia
l IMF Tells
How MalaysiaEscaped Worst Effects Of Global Crisis
Asia
l Surprise
Contraction In S'pore Industrial Output
l Bank Of
JapanIs Ready For Monetary Stimulus Again
USA
l New Homes
Sales Dip, But Prices Hit 5-Year High
l US Mortgage
Applications Rose As Rates Hit New Lows
l Factory Job
Gains Under Obama Best Since Clinton: BGOV Barometer
Europe
l French
Unemployment Tops 3 Million As Economy Struggles
l Spain Budget
To Impose 39bn Euros Of Austerity Cuts
l Spanish
Bonds Slump As Marchers Plan Further Protests
Currencies
l Euro Hit By
SpainWorries; Dollar Gains
Commodities
l Oil FallsAs
Europe's Crisis Reinforces Growth Worries
l Gold Down
But Off Two-Week Low, EU Debt Crisis Eyed
Source: Kenanga
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