Wednesday, April 1, 2015

Morning News - 1 April 2015 - BANKING


Today’s Highlights
►    Sector Update – Banking (NEUTRAL, maintain) - Seasonal factor moderates Feb15 loan growth



Quick bites
►    Construction: PM launch the Pan-Borneo Highway
►    MRCB: Share swap and share sale
►    Parkson: Parkson Retail Group ordered to pay RMB140m



Outside Malaysia
►    US stocks trim quarterly gain as health-care, industrials fall
►    Improving prospects for jobs propel Americans’ confidence
►    Home prices in 20 US cities rose at faster pace in January
►    German unemployment keeps falling as economy strengthens
►    UK economy grows more than estimated on consumers, exports                     
►    Japan’s parliament passes Abe’s plan for corporate tax cut    
►    South Korean inflation eases to slowest pace in almost 16 years
►    Crude caps longest run of quarterly losses since 2003 on glut

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