KUALA LUMPUR: 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.
GLOBAL MARKETS-Shares rally to 3-month high on hopes for US budget deal
SE Asia Stocks-Malaysia at 7-week high; Philippine snaps losing streak
WHAT IS HAPPENING IN MALAYSIA, IN TIMES LOCAL FOLLOWED BY GMT:
* Science, Technology and Innovation Minister Maximus Ongkili witnesses handover of Nuclear Security Support Centre by International Atomic Energy Agency to Malaysia, Furama Bukit Bintang Kuala Lumpur, Jalan Changkat Thambi Dollah, Kuala Lumpur at 1145am (0345GMT)
MARKET NEWS
> Tokyo's Nikkei share average opens up 1.03 pct
> US STOCKS-Wall St climbs on economy bets as it looks past 'cliff'
> TREASURIES-Prices fall on hopes of fiscal deal
> FOREX-Euro outperforms majors, yen still pinned down
> PRECIOUS-Gold price falls nearly 2 pct on hopes of US fiscal deal
> Oil rises on 'fiscal cliff' optimism, refinery issues
> Palm dips in rangebound trade, weak exports hurt
MALAYSIA IN THE NEWS:
> Malaysia billionaire invests in Italian yacht maker Wider
> Foreign funds seek redemption, cash out on SE Asia
> Malaysian Airline signs MoU for $981 mln ATR turboprop order
> Lynas Corp gives Malaysia court update
> Illicit money flows grow in China, Iraq-report - Reuters
DIARY - Malaysia 19/12/12 8:17:13(Wednesday)
ALL TIMES ARE PROVISIONAL AND IN LOCAL TIME FOLLOWED BY GMT IN BRACKETS
WEDNESDAY, DEC 19
KUALA LUMPUR - Release of Nov 2012 Consumer Price Index.
* KUALA LUMPUR - Seminar Wawasan 2020: Transformasi Malaysia at Putra World Trade Centre, Kuala Lumour at 0830am (0030).
* KUALA LUMPUR - Telekom Malaysia Bhd (TM) Info-Media Sdn Bhd launches yellow pages for home at Starbucks Coffee, Bangsar Village, Jalan Telawi, Bangsar, Kuala Lumpur at 0900am (0100).
* SHAH ALAM - Benalec Holdings Bhd holds AGM at Holiday Inn KL, Shah Alam at 1000am (0200).
* PUTRAJAYA - Prime Minister's wife Rosmah Mansor opens the 2012 International Day of Combating Violence Against Women at the Dewan Seri Sarjana United, Kampus Putrajaya, Jalan Ikram-Uniten, Kajang at 1000am (0200).
* KUALA LUMPUR - My E.G. Services Bhd's post-AGM press conference at Sime Darby Convention Centre at 1100am (0300).
* KUALA LUMPUR - Science, Technology and Innovation Minister Maximus Ongkili witensses handover of Nuclear Security Support Centre by International Atomic Energy Agency to Malaysia at Furama Bukit Bintang Kuala Lumpur, Jalan Changkat Thambi Dollah, Kuala Lumpur at 1145am (0345).
* SHAH ALAM - Hibiscus Petroleum Bhd holds EGM at The Saujana Hotel KL, Shah Alam at 1530pm (0730).
* KUALA LUMPUR - Prime Minister Najib Razak launches Royal Malaysian Police Motorcycle Patrolling Unit at the Padang Awam BKS, Bandar Kinrara Puchong at 1700pm (0900), and leaves for New Delhi, India to attend Asean-India Summit anniversary from Bunga Raya Complex, Kuala Lumpur International Airport (KLIA) at 1900pm (1100).
* KUALA LUMPUR - Deputy Prime Minister Muhyiddin Yassin attends Majlis Semai Bakti Felda 2012 at the Dewan Perdana Felda, Kuala Lumpur at 2030pm (1230).
THURSDAY, DEC 20
* KUALA LUMPUR - Mimos Bhd ubiquitous nems-based sensor network and solutions media briefing at Mimos Bhd, Technology Park Malaysia, Bukit Jalil, Kuala Lumpur at 1000am (0200).
* KUALA LUMPUR - Prudential Assurance Malaysia Bhd announces new chief executive officer at Double Tree Hilton, The Intermark, Jalan Tun Razak, Kuala Lumpur at 1030am (0230).
* KUALA LUMPUR - FCW Holding Bhd holds AGM at Bukit Kiara Equestrian and Country Resort, Jalan Bukit Kiara, Kuala Lumpur at 1100am (0300).
FRIDAY, DEC 21
* KUALA LUMPUR - Release of International Reserves as at 14 Dec 2012.
* PUTRAJAYA - Greenyield Bhd holds AGM at Putrajaya Shangri-La Hotel, Taman Putra Perdana, Precinct 1, Putrajaya at 1100am (0300).
TUESDAY, DEC 25
* KUALA LUMPUR - Market and Public Holiday - Christmas Day.
MONDAY, DEC 31
* KUALA LUMPUR - Release of Nov 2012 MNoney Supply data.
NOTE: The inclusion of diary items does not necessarily mean that Reuters will file a story based on the event. - Reuters
VEGOILS-Market factors to watch Dec 19(Wednesday)
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.
FUNDAMENTALS
* Malaysian palm oil futures edged lower in rangebound trading on Tuesday, hurt by a slowdown in exports at a time when inventory levels remain at record highs.
* U.S. soybean futures dropped 2 percent on Tuesday, their biggest daily decline in more than a month, due to China's decision to cancel a purchase of 300,000 tonnes of U.S. supplies, traders said.
* Oil prices rose on Tuesday as apparent progress in resolving the U.S. budget crisis eased concerns that the world's top economy could slip into recession.
MARKET NEWS
* Global stocks advanced to their highest levels since September on Tuesday on signs of compromise in U.S. talks to stop automatic tax hikes and spending cuts that could hurt the economy next year.
* Oil rallied on Tuesday on growing optimism that a fiscal deal would be reached soon to avert a U.S. recession in 2013, but most other commodities, particularly agricultural markets, closed lower on poorer demand.
RELATED NEWS
> COLUMN-Soy market should shake off China-led jitters: Maguire
> EU 2013 rapeseed crop to increase as sowings expand- Oil World
> Oil World cuts Argentine 2013 soybean crop forecast by 1 mln T
> Cargill to invest $91 mln in India's food processing boom
DATA/EVENTS
> Reuters to host Q&A with US farm co-op Topflight Grain
> Cargo surveyors to publish Malaysian exports data for Dec. 1-20 on Thursday - Reuters