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.
Kenanga Research raised its target price on KLCC Property Holdings Bhd to 6.87 ringgit from 6.00 ringgit on the potential listing of the property company's real estate investment trust. Maintaining its' outperform' call on the counter, Kenanga said the higher target price assumed that all of KLCC Property's investment properties will be REIT-ed.
SYDNEY, Oct 5- The Manila- based Asian Development Bank has signed an agreement with the Islamic Financial Services Board to help member countries adopt the IFSB's prudential standards. In contrast, only seven IFSB members come from Indonesia, Pakistan and Bangladesh, the world's three most populous Muslim-majority countries.
*Exports to China down 10.6 pct on yr; up 15.4 pct to Japan. KUALA LUMPUR, Oct 5- Malaysia's August 2012 trade data released by the Trade Ministry on Friday:. *Reuters poll: Malaysia's August exports seen lower for second month.
SYDNEY, Oct 5- Australian shares gained 0.7 percent to a 14- month high on Friday, with mining stocks rising and the market supported by a fourth day of gains on Wall Street ahead of a U.S. payrolls report later in the day.
JAKARTA, Oct 5- Following is some company-related and market news that could have an impact on the local market on Friday. SE Asia Stocks-Philippine, Malaysia, Indonesia at all-time high.