Morning News - 29 June 2015 - MPRIMA / ECONOMY - US OUTLOOK

Today’s Highlights

►    Company Update – Media Prima (SELL, maintain) - Rough times

►    Economy  – US Outlook – Weekly Wrap (22 – 26 June 2015) - A smaller decline of -0.2% in US GDP growth in 1Q15

Quick Bites

►    CIMB: CIMB IB partners Kepler Cheuvreux

Outside Malaysia

►    Nasdaq composite drops as chipmakers slump on Micron

►    Consumer sentiment in US rose in June to five-month high

►    Fed’s Dudley says September rate rise possible after better data

►    Lagarde says IMF can’t lend to Greece if June payment missed

►    Euro area bank lending grows at fastest pace since February 2012

►    China’s central bank cuts interest rates after stock market plunge

►     Vietnam’s economic growth accelerates after dong devaluation

►     WTI crude oil ends below US$60 amid oversupply as volatility sinks