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Asia Top News and Analysis Malaysia

  • MELBOURNE, Oct 11- Australian shares fell 0.2 percent on Thursday, weighed by weakness in miners but paring steeper earlier losses after data showed a jump in jobs in September. Lynas Corp Ltd plunged 15 percent as it faced another delay in opening its rare earths plant in Malaysia.

  • KUALA LUMPUR, Oct 11- Malaysia's factory output shrank for the first time in 13 months in August, although the decline was less than expected, reflecting the weakness in its export markets, official data showed on Thursday.

  • KUALA LUMPUR, Oct 11- Malaysia's industrial production. Last week the government reported a 4.5 percent drop in August exports, the biggest year-on-year decline in nearly three years, pulled down by lower shipments to the European Union and China.

  • KUALA LUMPUR, Oct 11- The global economic doldrums may have weighed on businesses around the world, but in Malaysia a luxury hand-crafted carmaker struggles to keep up with demand as orders pour in from China and the Middle East.

  • *ING's first deal in Asia asset sell-off. HONG KONG/ AMSTERDAM, Oct 11- Pan Asian insurer AIA Group Ltd has agreed to buy ING's Malaysian insurance operations for $1.73 billion in cash, handing the Dutch financial services firm its first deal in a nine-month drive to sell off Asian assets.

  • KUALA LUMPUR, Oct 11- The global economic doldrums may have weighed on businesses around the world, but in Malaysia a luxury hand-crafted carmaker struggles to keep up with demand as orders pour in from China and the Middle East.

  • MELBOURNE, Oct 11- Australian shares recovered from session lows to be down 0.3 percent on Thursday, paring steeper losses after data showed a jump in jobs in September and more people looking for work.

  • *ING's first deal in Asia asset sell-off. HONG KONG/ AMSTERDAM, Oct 11- Pan Asian insurer AIA Group Ltd has agreed to buy ING's Malaysian insurance operations for $1.73 billion in cash, handing the Dutch financial services firm its first deal in a nine-month drive to sell off Asian assets.

  • ----PREVIOUS ITEMS: Gov't greenlights palm oil export tax cut-Business Times----.

  • 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.

  • *Plant delay seen depleting Lynas cash reserve. MELBOURNE, Oct 11- Shares in Lynas Corp Ltd. Lynas received the temporary operating licence in September for the rare earths plant, the biggest outside China.

  • SYDNEY, Oct 11- Australian shares fell 0.6 percent early on Thursday, following weak leads from Wall Street as U.S. equities sank on corporate warnings of slower growth, with investors waiting on local jobs data later in the morning for an update on the domestic economy.

  • AMSTERDAM, Oct 11- ING said it has agreed to sell its Malaysian insurance unit to pan-Asian insurer AIA Group Ltd for 1.3 billion euros in cash, kicking off the Dutch group's long-awaited divestment of Asian assets.

  • AMSTERDAM, Oct 11- ING said it has agreed to sell its Malaysian insurance unit to pan-Asian insurer AIA Group Ltd for 1.3 billion euros in cash, kicking off the Dutch group's long-awaited divestment of Asian assets.

  • MELBOURNE, Oct 11- Australian shares are likely to extend losses into a second day on Thursday after U.S. equities sank on corporate warnings of slower growth, though local price moves may be limited ahead of monthly jobs data.

  • AMSTERDAM, Oct 11- ING said late on Wednesday it has agreed to sell its Malaysian insurance unit to pan-Asian insurer AIA Group Ltd for 1.3 billion euros in cash, kicking off the Dutch group's long-awaited divestment of Asian assets.

  • AMSTERDAM, Oct 10- ING Groep NV:.

  • BANGKOK, Oct 11- Year-to-date stock index gains in Thailand and the Philippines that are double those on broad Asian and world indexes suggest the easy money may already have been made in Southeast Asia.

  • HONG KONG/ SINGAPORE, Oct 10- Pan-Asian insurer AIA Group Ltd has agreed to buy ING's Malaysian insurance unit and is expected to pay $1.5 billion to $1.7 billion, handing the Dutch financial services firm its first deal in a nine-month drive to sell off Asian assets.

  • BANGKOK, Oct 10- Singapore shares fell to a near one-month low while most other Southeast Asian stocks also ended lower on Wednesday as flagging global economic growth triggered selling in blue-chip stocks, including Keppel Corp. Oil rig builder Keppel Corp led among battered large-cap stocks, sliding 1.4 percent.