► Initiate Coverage – YTL Hosp REIT (BUY, maintain) - Yielding high returns

Today’s Highlights

►    Initiate Coverage – YTL Hosp REIT (BUY, maintain) - Yielding high returns

Quick Bites            

►    CIMB: CIMB Thai’s 3Q16 net profit rebounds qoq on lower allowances

►    Construction: East Coast Rail Link proposed

Outside Malaysia            

►    US stocks fluctuate amid earnings reports before Fed’s Fischer

►    Fed’s Fischer warns of risk to running too high-pressure economy

►    Fed’s Rosengren says economy already headed for hot labor market

►    US factory production rises for third time in four months

►    Pound will cushion UK from Brexit shock, BOE’s Broadbent says

►    New Zealand inflation slows less than forecast

►    Singapore home sales climb in September on new projects

►    Oil falls to one-week low as OPEC supply climbs, rig count grows