Friday, October 16, 2015

Morning News - 16 October 2015 - TOPG / ECONOMY - ASEAN OUTLOOK

Today’s Highlights
    Results Note – Top Glove (HOLD, downgrade) - A strong end to FY15
    Economy – ASEAN Outlook – Weekly Wrap - MAS eased monetary policy for second time in 2015



Quick Bites
    Puncak: Gets RM1.55bn final payment



Outside Malaysia                                             
    US stocks rally as banks lead S&P 500 Index to eight-week high
    Fed’s Dudley ties 2015 liftoff to outlook as US economy softens
    Jobless claims in US fall to match lowest level since 1973
    ECB’s Nowotny says core inflation ‘clearly’ missing target
    Renzi gives Italians lower taxes, higher cash use to back growth
    Bank of Korea trims forecasts while holding rate at record low
    Indonesia holds rate even as rupiah gain opens window to cut
    WTI trims weekly decline as Russia ready to talk cuts with OPEC


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