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Asia Top News and Analysis Malaysia

  • KUALA LUMPUR, Oct 8- Following is a table of Kuala Lumpur tin market prices provided by a Malaysian trader. Date KL Premium/ Spot Bid Offer Final Volumes* Oct 8 22,400 26 80 26 365 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.

  • KUALA LUMPUR, Oct 8- Austrian rubber and plastic products maker Semperit Holding AG launched a $197.4 million cash offer for Malaysian medical glove maker Latexx Partners Bhd, securing an initial 47 percent stake from core shareholders.

  • Shares of Malaysia's shipping firm MISC Bhd rose as much as 5.65 percent after the company said it will dispose of a 50 percent stake in its semi-submersible floating production system unit that could raise $1.7 billion cash.

  • RHB Investment Bank started coverage on oil and gas company Perisai Petroleum Teknologi Bhd with an' outperform' call on prospects of strong earnings and more domestic orders from state oil company Petronas.

  • BEIJING-- The World Bank cut its growth forecast for Asia on Monday in a new sign of the impact of weakening global demand and warned China's cooling economy faces the risk of a "more pronounced slowdown." The bank cut its forecast for China, the region's biggest economy, to 7.7 percent from May's 8.2 percent.

  • SINGAPORE, Oct 8- The World Bank on Monday cut its 2012 growth forecast for developing East Asia amid a slowdown in China but said economic activity in the region will likely pick up next year. The bank maintained its 2012 GDP forecasts for Indonesia and Thailand, and raised the outlook for Malaysia and the Philippines.

  • JAKARTA, Oct 8- Following is some company-related and market news that could have an impact on the local market on Monday.

  • Shares of Malayan Banking Bhd dropped as much as 0.67 percent after the largest bank by assets in Malaysia said it would raise $1.2 billion with a new share offer to fund growth in the country and its regional subsidiaries.

  • Petroliam Nasional Bhd is considering oil well explorations off the shores of Sri Lanka, possibly near the Palk Straits and the Mannar Basin bordering India and the island state.

  • HONG KONG, October 8- News and developments in Asia private equity from Reuters News for the week ending October 5.

  • ----PREVIOUS ITEMS: Axiata in Myanmar telecoms race-The Star----.

  • 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.