Morning News - 10 April 2015 - SUNWAY / JAKS / ECONOMY - ASEAN OUTLOOK

Today’s Highlights

►    Company Update – Sunway  (BUY, maintain) - Acquisition of Winstar

►    Company Update – JAKS Resources (Non Rated) - Latent potential

►    Economy – ASEAN Outlook – Weekly Wrap (3 – 9 April 2015) - Singapore may loosen its monetary policy again

Quick bites

►    Construction: Tender documents for LRT3 ready for collection

►    Puncak: Back to the drawing board

►    MRCB: Mixed development for German Embassy Land

Outside Malaysia

►    US stocks amid a rebound in crude oil

►    Lagarde warns of ‘bumpy ride’ as Fed prepares for rate rise

►    Jobless claims rose by 14,000 for the week ended April 4

►    German output bolstered by investment signals firmer growth

►    Brazil outlook cut to negative by Fitch on fiscal challenges

►    India rating outlook raised by Moody’s on growth prospects

►    BOK holds rates at record low, cuts GDP and CPI forecasts

►    Oil rises as Iran says nuclear deal must end sanctions