Malaysia-Market factors to watch Tue Dec 20

KUALA LUMPUR: Following is a list of events in Malaysia as well as
news stories and press reports which may influence financial markets.
WHAT IS HAPPENING IN MALAYSIA, TIMES LOCAL FOLLOWED BY GMT:
>
Cargo surveyors Intertek Testing Services and Societe Generale de
Surveillance will issue Dec.1-20 Malaysian palm oil exports data after
9.30 am (0130) and 2.30 pm (0630), respectively.
> The Academy
of Sciences Malaysia and the National Professors' Council of Malaysia
launches "The Rare Earth Report" at Le Meridien Hotel, Kuala Lumpur,
10.00 am (0200)
> Malaysian parliament in session.
MARKET SNAPSHOT:
* Malaysia's benchmark stock exchange climbed 0.8 percent on Monday on gains in builder Gamuda and telco Axiata Group Bhd.
* Banks dragged the U.S. stock market lower on Monday, with losses accelerating late after Bank of America's stock price fell below $5 for the first time in nearly three years.
*
World equity markets slid on Monday and the euro fell as investors
turned cold on efforts in Europe to tighten euro zone fiscal rules to
prevent the region's debt crisis from deepening, which would throttle
global growth.
* Malaysian crude palm oil futures rose on Monday
as investors grew concerned over hot weather hurting the South American
soy crop, which could potentially limit global supplies of edible oil.
Malaysia - Diary
PUTRAJAYA - Second Finance Minister Ahmad Husni Hanadzlah
witnesses signing of memorandum of understanding between Amanah Ikhtiar
and Peyatim at Level 1, Finance Ministry's Auditorium at 10.00 am
(0200)
KUALA LUMPUR - The Academy of Sciences Malaysia and the
National Professors' Council of Malaysia launches "The Rare Earth
Report" at The Sultan's Ballroom, Le Meridien Hotel, KL Sentral at 10.00
am (0200)
KUALA LUMPUR - Media briefing by SAP Malaysia, INTI
International University and MySap Academy on their progress in
upskilling Malaysians with SAP training and certification at SAP
Malaysia Offices, Suite 22.09, Level 22, G Tower, 199 Jalan Tun Razak at
1.15 pm (0515)
WEDNESDAY, DEC 21
KUALA LUMPUR - Release of Nov 2011 Consumer Price Index.
IN THE NEWS REUTERS
> Australia's IAG says seeks Malaysia insurance deal
> London authority clings to Battersea Station plans
> Malaysia Islamic TV show crowns best woman preacher
> Malaysia Nov inflation seen easing to 3.3 pct y/y
> Thai 2012 rubber output seen up 5 pct -exporters
> Kencana, JCY Intl top earnings revisions in Malaysia
*
The South Korean won slid on Monday as news of North Korean leader Kim
Jong-il'sdeath spooked investors, giving a broad lift to the safe haven
dollar and exacerbating weakness in Asian currencies.
* Most
Southeast Asian stock markets posted limited gains on Monday as
selective buying in growth stocks such as Indonesian cement firms and
institutional buying of Thai large caps helped offset weak sentiment
elsewhere in Asia.
Management Tips for the Day: Network beyond your bubble
BOSTON
(Reuters) - A tendency to seek out the familiar as a buffer against the
unforeseen is understandable, but may leave us even more vulnerable to
being blindsided by events coming at us from new and unusual directions,
says Harvard Business Review.
"It's no surprise that we
instinctively seek out those who share our interests. But by doing so we
limit the range of situations and people we're exposed to."
Try these three things to diversify your network and experiences:
1.
Revise your conference calendar. Attend at least one conference a year
in a field that you may have interest in, but little experience.
2.
Talk to the loners. At social events, don't just spend time with your
friends and colleagues. Seek out the people who don't fit in (hint: they
look alone and uncomfortable) and strike up a conversation.
3.
Find diversity within. Reconnect with passions that you may have ignored
because they didn't fit into your life. In doing so you'll encounter
people far removed from your daily experiences who may provide you with
new self insight."
- Today's management tip was adapted from "Five Tips to Break Through Your Filter(s)" by John Hagel III and John Seely Brown.
The
Management Tip of the Day offers quick, practical management tips and
ideas from Harvard Business Review and HBR.org. Any opinions expressed
are not endorsed by Reuters. - Reuters