Thursday, July 28, 2016

► Company Note – Titijaya Land (Not rated) - Strategic alliance niche


Today’s Highlights
►    Company Note – Titijaya Land (Not rated) - Strategic alliance niche
►    Economy – US Economy  – Monetary Policy - No surprises in FOMC decision, rate kept at 0.25-0.50%
                                                                                                                                                                  


Quick Bites            
►    Malaysia Economy: Fitch Ratings has downgraded Petroliam Nasional Bhd



Outside Malaysia            
►    Most US stocks fall amid Fed rate decision, Apple rally
►    Fed says risks have diminished as it leaves rate unchanged
►    Pending sales of US existing homes rise less than forecast
►    US capital goods orders rise for first time in three months
►    UK economy grew faster than forecast before Brexit vote
►    Italy manufacturing confidence rose to highest since January
►    Abe plans stimulus package of more than ¥28trn
►     Oil falls to three-month low

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