. KLCI closes higher but pares gains
. MSM Malaysia 2Q net profit falls 31.1% y-o-y to RM52.81m
. German businesses remain optimistic on Asean economic outlook
. Moody's sees Malaysia 2Q GDP growth at 5%, full year 4%
. S P Setia proposes placement, new ESOS scheme
. 1MDB buys Genting's power assets
. Karambunai to settle RM157m debt with help of shareholder
. Economists expect inflation to ease in July
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