► Results Note – British American Tobacco (SELL, maintain) - Still hazy outlook

Today’s Highlights

►    Results Note  – British American Tobacco (SELL, maintain) - Still hazy outlook

►    Results Note – Globetronics (HOLD, maintain) - Earnings remain weak

                                                                                                                                                                  

Quick Bites            

►    WCT - JV wins RM1.29bn Pan-Borneo Highway package

Outside Malaysia            

►    US stocks little changed on earnings as Fed meeting looms

►    New home sales in US jump to highest level since February 2008

►    Home prices in 20 US cities rose less than forecast in May

►    Consumer confidence in US little changed near five-month high

►    Weale says BOE stimulus more likely as slowdown signs mount

►    Brazil central bank minutes push back rate cut bets

►    New Philippine leader sets out growth focus in first big speech

►     Oil falls to three-month low as US fuel supplies seen growing