Asia Top News and Analysis Malaysia

  • NOTE: Reuters has not verified this story and does not vouch for its accuracy.

  • SYDNEY, Oct 8- Australian shares slipped 0.1 percent in early trade on Monday, with mining stocks losing ground while banks gained, and traders were looking for new momentum drivers as the market consolidated last week's rise to 14- month highs.

  • SYDNEY, Oct 8- Australian shares slipped 0.1 percent in early trade on Monday, in line with a dip on Wall Street where a surprise drop in the U.S. unemployment rate was overshadowed by investor concern about the coming earnings season.

  • SEOUL, Oct 8- Following is a list of events in South Korea as well as news stories and press reports that may influence financial markets. >Korea won't weaken won to spur exports- officials.

  • MELBOURNE, Oct 8- Australian shares are expected to open roughly unchanged on Monday, buoyed by a surprise drop in the U.S. unemployment rate, with the market set to consolidate gains that took the benchmark index to a 14- month high last week.

  • SINGAPORE, Oct 8- Indonesia is buying submarines from South Korea and coastal radar systems from China and the United States. Vietnam is getting submarines and combat jets from Russia, while Singapore- the world's fifth-largest weapons importer- is adding to its sophisticated arsenal.

  • KUWAIT, Oct 7- Kuwait's ruler ordered the dissolution of parliament on Sunday, television channel al-Rai and state news agency KUNA said, a step which opens the way for parliamentary elections. Sheikh Sabah al-Ahmad al- Sabah had been widely expected to take the step.

  • NORTH CHARLESTON, South Carolina, Oct 5- R epresentatives from Air India took delivery on Friday of the first Boeing Co 787 Dreamliner made in South Carolina and the first manufactured outside Boeing Commercial Airplane's headquarters in Washington state.

  • HONG KONG, Oct 5- Malayan Banking Bhd, the country's largest lender, is seeking to raise up to $1.2 billion with a new share offer, capital markets news service IFR said on Friday.

  • BANGKOK, Oct 5- Most Southeast Asian stock markets gained on Friday, with Indonesia hitting an all-time closing high for a second day and Singapore ending at a two-month high, led by commodities-related stocks such as Golden Agri-Resources. Palm oil companies were among actively traded, with Singapore's Golden Agri-Resources Ltd.

  • *FTSEurofirst 300 up 0.7 pct, MSCI global index up 0.3 pct. *U.S. stocks seen slightly higher, US payrolls data due 1230 GMT.

  • HONG KONG, Oct 5- Malayan Banking Bhd, Malaysia's largest lender, plans to raise up to $1.2 billion in a stock offering to bolster its capital base, IFR reported on Friday, citing a term sheet of the transaction.

  • Oct 5- The Malaysian Government has launched a campaign to encourage more agricultural-sector companies to fund through Islamic bonds. In Malaysia's latest budget release, on September 28, Prime Minister Najib Tun Razak detailed a number of steps to stimulate and strengthen the country's capital markets.

  • KUALA LUMPUR, Oct 5- Malaysia's international reserves. stood at $137.5 billion as of Sept. 28, compared with $135.3 billion on Sept. 14, the central bank said on Friday. September 28 September 14 Reserves 421.3 432.2 Assets 472.2 480.8 Currency in Circulation 64.4 63.8.

  • SYDNEY, Oct 5- Australian shares rose 0.9 percent to their highest close in more than 14 months on Friday, tracking a fourth day of gains on Wall Street on expectations of positive U.S. payrolls data later in the day.

  • SYDNEY, Oct 5- Australian shares rose 0.9 percent on Friday, lifted by mining and banking stocks as the market was supported by a fourth day of gains on Wall Street ahead of a U.S. payrolls report later in the day.

  • *Deal is fourth-largest equity sale this year in India. Oct 5- Carlyle Group LP has raised $841 million in India's fourth-biggest equity deal this year by selling its remaining 3.7 percent stake in the country's top mortgage lender, Housing Development Finance Corp Ltd, said a source with direct knowledge of the deal.

  • fell 4.5 percent in August, the biggest year-on-year drop in nearly three years, on weaker demand in the European Union and China, and imports rose less than expected, threatening the growth prospects of the Southeast Asian nation.

  • KUALA LUMPUR, Oct 5- Following is a table of Kuala Lumpur tin market prices provided by a Malaysian trader. Date KL Premium/ Spot Bid Offer Final Volumes* Oct 5 22,500 110 21 58 385 Oct 4 22,300 70 20 30 540 Oct 3 22,100 106 25 50 200 Oct 2 21,860 53 15 35 385 Oct 1 21,600 41 18 28 175. #E, J and M signify purchases by European, Japanese, and Malaysian buyers.

  • RHB Research has increased its target price on Axiata Group Bhd to 7.15 ringgit from 6.60 ringgit after updating its valuation paramaters on the company. Sri Lanka and Bangladesh may be suitable for consolidation due to the market's overcrowding, it said. STOCKS NEWS MALAYSIA- Kenanga raises KLCC Property's target price.