U.S. and European Market Roundup
· The DJIA down 39.22 points to 9,280.97 points.
· U.S stocks slipped on Wednesday after weak data on the services sector and private payrolls cooled recent optimism the recession was retreating, but the market finished off its lows as investors ventured into riskier financial shares.
· European shares ended lower on Wednesday after staying in positive territory during most of the day, with investors selling stocks, following data showing the U.S services sector contracted more than expected in July.
Macro and Corporate New
· TSR Capital, a construction company, has won the Negri Sembilan state government's approval to develop a RM1.8 billion tourism project over 10 years.
· AXIATA Group is collaborating with Dubai-based FRiENDi Group FZ-LLC to provide services to expatriates in markets where both operate. FRiENDi is a mobile virtual network operator (MVNO).
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