Asia Top News and Analysis Malaysia

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

  • SYDNEY, Oct 5- Australian shares rose 0.5 percent to 14- month highs early on Friday, with mining stocks rising as the market was supported by a fourth day of gains on Wall Street ahead of the U.S. payrolls report later in the day. New Zealand's benchmark NZX 50 index.

  • Following is a list of events in Malaysia as well as news company-related and market news which could have an influence on the local market. SE ASIA STOCKS-Philippine, Malaysia, Indonesia at all-time high. *Malaysia cabinet meets and is likely to decide on a proposal to cut crude palm oil export taxes to boost shipments.

  • -Philippine Mining Luncheon with Philex Mining Corp SVP Michael Toledo as guest speaker, Manila Polo Club Ballroom, Makati City, 11:30 a.m.. -Philcomsat Holdings Corp holds annual stockholders' meeting, Dasmarinas Room, Makati Sports Club, L.P. Leviste Street, Salcedo Village, Makati City, 3:00 p.m..

  • SE ASIA STOCKS-Philippine, Malaysia, Indonesia at all-time high. -Global Logistic Properties, which own warehouses in China and Japan, said on Thursday it leased 39,000 square metres to wholesale firm Arata Corp. in Japan.-- SEMBCORP MARINE LTD.

  • SYDNEY, Oct 5- Australian shares are set to rise after a fourth day of gains on Wall Street, as investors await the release of the closely watched U.S. payrolls report later on Friday.

  • MUMBAI, Oct 4- U.S. private-equity firm Carlyle Group is selling its 3.7 percent stake in India's top mortgage lender Housing Development Finance Corp Ltd in a deal to raise as much as $861 million, according to a term sheet seen by Reuters on Thursday.

  • *HSBC to focus Islamic business on Malaysia, Saudi Arabia and Indonesia. *Some job cuts at Amanah unit, rest to be merged into HSBC By David French. DUBAI, Oct 4- HSBC Holdings is to significantly scale back its global Islamic banking operations, it said on Thursday, as part of a wider restructuring at the U.K.- based bank.

  • DUBAI, Oct 4- HSBC Holdings is to significantly scale back the presence of its global Islamic banking operations, it said on Thursday, as part of a wider restructuring at the U.K.- based bank.

  • BANGKOK, Oct 4- Most Southeast Asian stock markets gained on Thursday, with the Philippine main index posting its second straight record closing high in strong volumes as optimism about domestic growth boosted consumer-related stocks such as SM Investments Corp.

  • SYDNEY, Oct 4- Australian shares extended their gains by 0.3 percent on Thursday, hitting a 14- month high after banks offset losses in mining, as investors eyed further interest rate cuts in the wake of soft retail sales data. Top banks continued this week's post rate-cut gains, led by Westpac Banking Corp.

  • KUALA LUMPUR, Oct 4- A Malaysian court kept on hold the licence granted to Lynas Corp Ltd's controversial rare earth plant by delaying until Oct. 10 a decision on whether it will consider judicial reviews to permanently block production.

  • SYDNEY, Oct 4- Australian shares extended their gains by 0.3 percent on Thursday, hitting a 14- month high after banks offset losses in mining. Top banks continued this week's post rate-cut gains, led by Westpac Banking Corp.

  • KUALA LUMPUR, Oct 4- Following is a table of Kuala Lumpur tin market prices provided by a Malaysian trader. Date KL Premium/ Spot Bid Offer Final Volumes* 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.

  • KUALA LUMPUR, Oct 4- A Malaysian court kept on hold the licence granted to Lynas Corp Ltd's controversial rare earth plant by delaying until Oct. 10 a decision on whether it will consider judicial reviews to permanently block production.

  • KUALA LUMPUR, Oct 4- Pay-TV firm Astro Malaysia Holdings Bhd will raise about $1.5 billion by selling shares at the top end of a marketing range, as privatisation schemes and economic growth cement Malaysia's position as Asia's top destination for IPOs this year.

  • DUBAI, Oct 4- HSBC Holdings Plc is to significantly scale back the scope of its global Islamic banking operations, as the business becomes the latest area to be affected by a wider restructuring at the UK- based bank.

  • KUALA LUMPUR, Oct 4- A Malaysian court has postponed to Oct. 10 a hearing on the temporary operating licence granted to Lynas Corp Ltd's controversial rare earth plant, activists said on Thursday. The Kuantan High Court had been expected to rule on whether it will consider judicial reviews seeking to block the plant.

  • SINGAPORE, Oct 3- Danish oil and shipping group A.P. Moller Maersk says it will talk to Vitol to determine whether one of its tankers was used by the trading house to ship Iranian fuel oil. The cargo was transferred aboard the Danish tanker from Vitol's floating storage off Malaysia, the document shows, and shipped to storage in Singapore.

  • MELBOURNE, Oct 4- Australian shares were up 0.2 percent on Thursday as banks rose while miners fell, with sentiment dented by soft retail sales figures for August and declines in oil and copper prices. Top banks continued this week's post rate-cut gains, led by a 1.2 percent rise in Westpac Banking Corp.