► Company Update – AirAsia Berhad (HOLD, maintain) - Expect another strong quarter of

Today’s Highlights

►    Company Update – AirAsia Berhad (HOLD, maintain) - Expect another strong quarter of earnings

Quick Bites            

►    SIME: Framework agreement in relation to proposed disposal of industrial properties in Australia

                                                                                                                                  

Outside Malaysia            

►    US shares regain records as Fed outlook hits dollar

►    Confidence among US homebuilders improved in August on sales

►    Williams calls for rethink of Fed orthodoxy in new economic era

►    Japan’s economic growth slows as business spending slumps

►    PBOC says don’t look at short term after money supply slumps

►    Thai economy expanded more than expected in second quarter

►    Singapore home sales at highest in a year as prices drop

►    Oil rises to four-week high amid OPEC output freeze speculation