U.S. and European Market Roundup
· The DJIA down 203.00 points to 9,509.28 points.
· The Dow and S&P 500 suffered their worst one-day fall in three months on Thursday after economic reports fueled fears about the recovery's strength.
· European equities hit a three-week closing low on Thursday, a day after recording the best quarterly gains in a decade, with a slew of poor data reigniting worries about the pace of economic recovery.
Macro and Corporate New
· Pilgrims fund Lembaga Tabung Haji (Tabung Haji) stands ready to provide the necessary funds to support Bank Islam Malaysia's growth plans, especially in Indonesia, now that the lender's Dubai investor cannot be counted on for financial support.
· Proton Holdings expects to sell 10% more cars than it forecast in the UK this year, thanks to a large base of repeat customers and a growing market for cars that use liquefied petroleum gas (LPG) as fuel.
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