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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