JOHANNESBURG, Aug 18 (Reuters) - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Tuesday. - - - - GLOBAL MARKETS Asian stocks and the Australian dollar edged higher on Tuesday but shares in Shanghai were highly volatile, keeping nerves frayed about whether another bout of profit taking would hit global markets. [ID:nHKG3141] SOUTH AFRICAN MARKETS South African stocks tumbled 3 percent on Monday in their biggest one-day loss in two months after falling metal prices dragged miners down and banks slipped on concerns over the world economy. The rand also lost ground, stung by a rise in global risk aversion, but managed to stage a partial recovery late in the day. [ID:nLH556986] JSE (JSEJ.J) Africa's biggest bourse operator is due to report interim results at around 1400 GMT. The company has not issued a trading statement. It reported a 56 percent jump in annual profits last year but said there was no guarantee 2009 tradng volumes would match 2008. MTN (MTNJ.J) India's Bharti Airtel (BRTI.BO) has received bids from more than a dozen foreign banks, including Citi (C.N) and JPMorgan (JPM.N), to fund its proposed stake buy in South Africa's MTN, the Economic Times reported on Tuesday, raising hopes for a deal. [ID:nDEL476610] Spot gold prices rose closer to $940 an ounce on Tuesday as investor risk aversion moderated, after doubts about an economic recovery triggered sharp selling of cross-market assets the day before. For a precious metals report double click on [GOL/] WALL STREET U.S. stocks suffered their worst loss in seven weeks on Monday as weak data from Japan and a disappointing outlook from retailer Lowe's Cos (LOW.N) dampened hopes about the economy's growth. For the Wall Street market report double click on [.N] EMERGING MARKETS For the top emerging markets news, double click on [nTOPEMRG] - - - - Some of the main stories out of the South African press: BUSINESS DAY - Markets jolted by fears over global recovery - Expansive Harmony (HARJ.J) to pay out dividend - Money for projects at First Uranium (FUMJ.J) BUSINESS REPORT - State offers loan relief to black farmers - Finance Minister Pravin Gordhan pledges action against fraudsters - Absa's (ASAJ.J) former boss to record album THE STAR - No deal for Metrorail workers (Reporting by Rebecca Harrison)

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