Friday, October 16, 2015

Morning News - 16 October 2015 - TOPG / ECONOMY - ASEAN OUTLOOK

Today’s Highlights
►    Results Note – Top Glove (HOLD, downgrade) - A strong end to FY15
►    Economy – ASEAN Outlook – Weekly Wrap - MAS eased monetary policy for second time in 2015



Quick Bites
►    Puncak: Gets RM1.55bn final payment



Outside Malaysia                                             
►    US stocks rally as banks lead S&P 500 Index to eight-week high
►    Fed’s Dudley ties 2015 liftoff to outlook as US economy softens
►    Jobless claims in US fall to match lowest level since 1973
►    ECB’s Nowotny says core inflation ‘clearly’ missing target
►    Renzi gives Italians lower taxes, higher cash use to back growth
►    Bank of Korea trims forecasts while holding rate at record low
►    Indonesia holds rate even as rupiah gain opens window to cut
►    WTI trims weekly decline as Russia ready to talk cuts with OPEC


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