South African Markets - Factors to watch on June 12

JOHANNESBURG, June 12 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Friday.

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GLOBAL MARKETS

Asian shares marched towards new highs for the year on Friday as stronger-than-expected Chinese industrial output data and a rise in U.S. retail sales fuelled hopes that the worst was over for the global economy.

The safe-haven dollar was largely unchanged after Thursday's falls, but oil prices slipped below $73 following a three-day rally that brought levels to their highest since mid-October.

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SOUTH AFRICAN BUSINESS

Trevor Manuel, head of South Africa's government planning commission, described businesses as cowards on Thursday for giving in to unions and criticised labour for overusing strikes to push for social change.

For a story, double click on [ID:nLB147173]

SOUTH AFRICA - FRAUD

Hundreds of investors have been fleeced of up to 10 billion rand ($1.2 billion) in what could be South Africa's biggest corporate fraud, a private investigator and lawyer representing investors said.

For a story, double click on [ID:nLBO25438]