Morning News - 17 June 2015 - HEALTHCARE / ASTRO

Today’s Highlights

►    Sector Update – Healthcare (OVERWEIGHT, upgrade) - Pricey but for a reason

►    Results Note  – Astro (BUY, maintain) - Good start to year

Quick bites

►    Felda Global: EPF opposes FGV's proposed acquisition of 37% stake in BWPT

Outside Malaysia

►    US stocks advance amid Greek talks as Fed policy makers meet

►    US building permits soared to their highest level in nearly eight years

►    Government debt to reach 107% of US economy in 2040, CBO says

►    Europe raises heat on Greece to make further concessions

►    German investor confidence drops as Greece clouds outlook

►    Jokowi to switch off middle class power subsidy in budget reform

►     RBA restates need for aussie drop as growth below average

►     Oil rebounds after three-day drop as US inventories seen lower