Company Update – AEON Credit (BUY, maintain) - Still robust, an alternative stock to the banks

Today’s Highlights

►    Company Update – AEON Credit (BUY, maintain) - Still robust, an alternative stock to the banks

Quick Bites            

►    Gabungan AQRS – Land title for One Jesselton Waterfront approved

►    Globetronics – Globe sees record monthly shipment in 2017

Outside Malaysia            

►    US stocks pare weekly gain as crude, Apple slide to halt rally

►    Fed’s Rosengren highlights growing tensions inside FOMC

►    Europe’s economy sees no traction as Germany loses momentum

►    German economy loses momentum as services restrain growth

►    ECB sees ultra-loose policy validated should Fed raise rates

►    Singapore consumer prices post smallest drop in 14 months

►    Saudis said to have offered to cut oil output, no deal reached

►    Oil tumbles as Saudis said to see Algiers talks as consultation