Malaysia-Market Factors To Watch On Aug 22(Thursday)


KUALA LUMPUR: Following is a list of events in Malaysia as well as news company-related and market news which could have an influence on the Malaysian market.

GLOBAL MARKETS-

Asia braces for big falls after Fed minutes
 
 SE Asia Stocks-Indonesia bounces back amid policy hopes; Malaysia flat
 
 WHAT IS HAPPENING IN MALAYSIA, IN TIMES LOCAL FOLLOWED BY GMT:
 
 * International Trade and Industry Deputy Minister Hamim Samuri opens Malaysia Productivity Corporation's Global Forum on Best Practices at One-Stop Service, Dorsett Grand Subang, Kuala Lumpur at 845 am (0045 GMT).
 
 * AMMB Holdings Bhd holds post-annual general meeting press conference, Manhattan V, Level 14, Berjaya Times Square Hotel, Jalan Imbi, Kuala Lumpur at 1045 am (0245 GMT).
 
 MARKET NEWS:
 
 > Nikkei rebounds from 7-week low as emerging market worries recede
 
 > US STOCKS-Wall St falls after Fed minutes yield few clues
 
 > TREASURIES-Yields rise as Fed pullback seen on track
 
 > Dollar advances as Fed tapering in September still seen likely
 
 > PRECIOUS-Gold prices down as Fed minutes show few tapering clues
 
 > Oil slips, WTI leads decline as crude flows back to Cushing
 
 > Palm oil edges up as weak ringgit fuels demand hopes
 
MALAYSIA IN THE NEWS:
 
 > Thirty-two feared dead in Malaysian hilltop bus crash
 
 > Malaysia's current account slumps in Q2, growth picks up slightly
 
 > AirAsia's Q2 profits slumps 62 pct to $17.7 mln
 
 > Rupee hits record low; rupiah weakest in 4 years
 
 > UPDATE 1-Asia Rubber-China, Bridgestone snatch Sept/Oct cargoes
 
 > Malaysia July inflation picks up to 2.0 pct, meets forecast
 
 > Malaysia Maybank's Q2 net profit rises 9 pct
 
 > Thailand, conservative but tolerant, may legalise gay marriage
 
 > Indonesia cuts crude palm oil tax to 9 pct for September. Reuters 

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