Malaysia-Market Factors To Watch On Aug 23(Friday)


GLOBAL MARKETS-
 
Shares gain, bonds fall as signs point to world growth
 
SE Asia Stocks-
 
Philippine in worst loss since June; others off lows
 
WHAT IS HAPPENING IN MALAYSIA, IN TIMES LOCAL FOLLOWED BY GMT:
 
 * Malaysian Investment Development Authority Deputy Chief Executive Officer II, Phang Ah Tong opens seminar on 'Domestic Direct Investment Initiatives', Ballroom II, Hotel Premiere, Bukit Tinggi, Klang at 9.00am (0100 GMT).
 
 * Celcom Axiata Bhd Chief Executive Officer Shazally Ramly launches Digital Portals, Ballroom 1, Ground Floor, Grand Hyatt Kuala Lumpur, Jalan Pinang, Kuala Lumpur at 10.00am (0200 GMT).
 
 MARKET NEWS
 
 > Nikkei falls on Fed jitters; China PMI helps limit losses
 
 > US STOCKS-Wall St climbs after extended Nasdaq outage
 
 > TREASURIES-Yields at two-year highs on taper fears, lack of clarity
 
 > FOREX-Dollar gains on Fed tapering view, higher yields
 
 > PRECIOUS-Gold up after Chinese PMI data, downside risk seen
 
 > Oil edges up on strong China, Euro zone data
 
 > Weak ringgit, China data lift palm to more than 1-month high
 
MALAYSIA IN THE NEWS:
 
 > Singapore tightens grip on SE Asia airport crown with new project
 
 > Pertamina to buy part of Exxon stake in huge Iraqi oilfield-sources
 
 > BREAKING VIEWS-
 
Fed liquidity curbs will act as Asia's detox plan
 
 > Asia Naphtha-Malaysia-based Titan restores full runs at crackers
 
 > Indian soybean hits 5-week high on heavy rains; rapeseed down
 
 > EM ASIA FX-Fed minutes hit Asia FX; rupee skids to record low
 
 > Malaysia's Prasarana sells 1 bln rgt sukuk to fund transport plan
 
 > Fonterra says China-bound milk powder halted in May for high nitrite
 
 > SuperGroup enters Turkey with Demsa deal
 
 > Thai court hands Iranian life sentence over botched bombing
 
 > Asian buyers increasingly keen on Australian debt - Reuters

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