Morning News - 20 May 2015 - AXIATA / STAR

Today’s Highlights

►    Results Note – Axiata  (HOLD, upgrade) - A restrained start

►    Results Note – Star Publ.  (HOLD, maintain) - Continued weakness in print division

Quick Bites

►    WCT: Defers plan to set up REIT

Outside Malaysia

►    US stocks close little changed from records after housing data

►    Housing starts in US surge to seven-year high as weather warms

►    German investor confidence falls amid slower growth

►    UK inflation rate falls below zero for first time since 1960

►    RBI’s Rajan says central bank policies risking global growth

►    Bank Indonesia plans easier lending rules as key rate held

►    RBA retains option to ease as slow growth keeps jobless high

►    Oil falls to 3-week low as Goldman sees US$45 crude by October