Following are some company-related and market news which could
have an impact on the local market.
--------------------MARKET SNAPSHOT @ 0002 GMT---------
INSTRUMENT LAST PCT CHG NET CHG
S&P 500 1667.47 1.03% 17.000
USD/JPY 102.77 -0.15% -0.150
10-YR US TSY YLD 1.9559 -- 0.002
SPOT GOLD 1347.24 -0.84% -11.460
US CRUDE 95.85 -0.18% -0.170
DOW JONES 15354.40 0.80% 121.18
ASIA ADRS 146.97 1.24% 1.80
-------------------------------------------------------------
GLOBAL MARKETS-Dollar soars, stocks set new highs on Fed QE
exit talk
SE ASIA STOCKS-Thai index up; Singapore airlines weak after
results
STOCKS TO WATCH
-- BIOSENSORS INTERNATIONAL GROUP LTD
- Biosensors International, which develops and produces
medical devices, said a new drug-eluting stent, BioMatrix
NeoFlex, received approval to enter the European market.
-- SEMBCORP INDUSTRIES LTD
- Singapore industrial conglomerate Sembcorp Industries has
set up a joint venture with a subsidiary of Oman Oil Co to
develop centralised utilities facilities for the Duqm Special
Economic Zone. Sembcorp holds a 35 percent stake in the venture,
which has initial share capital of 1 million Omani rial ($2.6
million).
- Sembcorp Industries plans to increase the maximum
aggregate amount of a multicurrency medium term note programme
to S$2 billion from S$1.5 billion
-- TIGER AIRWAYS HOLDINGS LTD
- Budget carrier Tiger Airways posted a fourth-quarter net
loss of S$15.4 million, against a net loss of S$16.4 million in
the same period last year. It attributed the results to a share
loss and impairment of a loan to an associate.
-- WE HOLDINGS LTD
- WE Holdings, an electronic components distributor and
manufacturer, plans to acquire 20 percent of Myanmar-based
Dragon Cement Co Ltd for about $20 million, with an option to
buy another 20 percent in three months from the completion of
the proposed acquisition.
- WE Holdings also said it plans to sell its electronic
distribution unit to Singapore-listed Serial System Ltd
to focus on business opportunities in Myanmar.
MARKET NEWS
> Nikkei set to scale fresh 5-1/2-year highs
> Dow, S&P end at records, stocks mark 4th week of gains
> US Treasuries prices fall on improved consumer data
> Yen bounces off lows, eyes on BOJ and Bernanke
> Spot gold falls 1.5 pct; silver down 4 pct
> Oil rallies for 3rd day, shrugging off firm dollar
> Key political risks to watch in Singapore
ASIA-PACIFIC STOCK MARKETS
S.Korea China Hong Kong
Taiwan India Australia/NZ
OTHER MARKETS
Currency Eurostocks JP bonds
ADR Report LME metals
STOCKS NEWS
US
Europe
Asia
DIARIES & DATA:
Singapore diary
U.S. earnings diary
European diary
Asia Macro
TOP NEWS
Front Page Asian companies
U.S. company News European companies
Forex news Global Economy
Tech, Media and Telecoms
Financials General/political
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