NEWS HIGHLIGHTS
l Hua Yang Q2 net profit up 22.6% to RM17.1m
l TH Heavy posts pre-tax profit of RM4.3m
l Westports plans RM1.5b IPO next year?
l Digi.com leads telcos on earnings quality
l Pos Malaysia hopes to finalise acquisition of courier firm inMiddle East soon
l MAHB's Eraman to exit from Delhi airport venture
l Green Packet refuses comment on sale of P1
l KPS sells down JAKS Resources stake
l Patimas: UHY Advisory to undertake investigative audit
FOREIGN NEWS HIGHLIGHTS
l Fearing leaks, Japan's Softbank sprinted to close U.S.deal
l Chip gear maker ASML buys Cymer for USD2.5b
ECONOMIC NEWS HIGHLIGHTS (MACRO BITS)
Asia
l Surprise Thai Rate Cut Shows Worsening Outlook
l Japan Stimulus Restricted As Diet Standoff Prevents Extra Budget
USA
l Building A Recovery: Home Starts, Permits Both Surge
l Mortgage Applications Fell 4.2 % Last Week
Europe
l UK Unemployment Falls To 2.53 Million
l Germany Slashes Its Forecast For 2013 GDP Growth
l Spanish Bond Yields Turn To Lowest Since April
l Russian Investment Unexpectedly Fell First Time In 18 Months
Currencies
l Euro Hits 1-Month High As Moody’s Affirms Spain
Commodities
l Brent Crude, U.S. Gasoline Fall On Inventory Gains
l Gold Up Slightly On US Housing Starts
Source: Kenanga
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