Wednesday, July 15, 2015

Morning News - 15 July 2015 - TAANN / ECONOMY - US OUTLOOK

Today’s Highlights
    Company Update – Ta Ann (BUY, maintain) - Logging activities slows
    Economy  – US Outlook – Weekly Wrap (6 – 14 July 2015) - Decline in June’s retail sales likely a temporary setback



Quick Bites
    SAKP secures US$273m ONGC Mumbai High South project
    MMC&Gamuda: MMC-Gamuda signs project delivery partner agreement for MRT Line 2



Outside Malaysia
    US stocks gain for fourth day as chipmakers, biotech advance
    Retail sales in US unexpectedly fall on broad-based drop
    Fewest US small companies plan to raise pay since January 2014
    German investor confidence falls a fourth month on Greece
    China reserves falling least in a year signals outflow eased
    China’s credit expands in june as stimulus efforts kick in
    Singapore economy contracts most since 2012 on manufacturing
    Crude oil futures rise as return of Iran supplies seen gradual


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