► Company Update – Globetronics (HOLD, maintain) - Still awaiting catalysts

Today’s Highlights

►    Company Update – Globetronics (HOLD, maintain) - Still awaiting catalysts

►    Economy – IPI - Industrial production slowed to 4.1% yoy in July

Quic Bites            

►    Astro: Proposed acquisition of Capital FM Sdn Bhd

Outside Malaysia            

►    Safety trade leaves S&P 500 on knife’s edge as valuations soar

►    Fed’s Lockhart urges serious discussion of rate hike this month

►    Bank of England (BOE) to start corporate-bond purchases on Sept.

►    PBOC’s Ma says China must act to contain housing market ‘bubble’

►    India’s CPI eases more than estimated before Patel reviews rates

►    India approves creation of panel to firm up sales tax detail

►    OPEC flips forecast to predict rebound in rival supply next year

►    Crude oil climbs as US equities advance, dollar retreats