19. Singapore June Foreign Exchange Reserves $243.4B Vs $237.7B in May
18. Keppel Corp: Subscribed to New Shares of KrisEnergy for US$115 Million
Keppel Corp: Now Hold 20% Stake in KrisEnergy
17. Olam Now Seeks to Price Singapore Dollar Bond to Yield Around 5.875% - Source
Olam Seeks to Price Benchmark 7-Year Singapore Dollar Bond Today - Source
16. Singapore Minister: Stronger Singapore Dollar Has Posed Some Challenges to
Businesses
Singapore Minister: Local Bank Exposure to Euro Zone Remains Low
Singapore Minister: Recognize That Inflation Rate Is 'Uncomfortably High'
Singapore Minister: Inflation Is Expected to Moderate in Second Half of 2012
Singapore Minister: MAS Studying Viability of Inflation-Linked Bonds
Singapore Minister: Singapore Financial Markets Are 'Sound'
Singapore Minister: Capital Inflows Have Affected Singapore Asset Markets
Singapore Minister: Capital Inflows Into Singapore Have Receded
Minister: Singapore Foreign-Exchange, Domestic Money Markets Have Functioned in
Orderly Manner
Singapore Minister: Cannot Rule out Resurgence of Short-Term Capital Inflows
15. Singapore Minister: Sovereign Debt Crisis Situation in Europe Remains Worrying
Singapore Minister: Increased Uncertainty if Italy, Spain Need Full-Scale
Bailouts
Singapore Minister: Euro-Zone Economies to Remain Weak
Singapore Minister: Economic Growth Momentum Has Also Slowed in US, China
Singapore Minister: No Immediate Need for Govt to Step in to Cushion Local
Economy
Minister: Expect Singapore Economy to Grow 1%-3% This Year
Minister: Singapore Government Stands Ready to Respond When Appropriate
14. CapitaLand Exececutive: Singapore Residential Market to Remain Resilient, Stable
CapitaLand Executive: Don't Expect More Property-Cooling Measures for Now
13. CapitaLand COO: Somerset Grand Cairnhill Project Development Cost About
S$900M-S$1B
Ascott Ltd CEO: Sees Acquisition Opportunities in Europe; Especially Paris,
London, Germany
12. Petra Foods Target Cut To S$2.04 From S$2.34 By CIMB
11. Midas Holdings Fair Value Cut To S$0.30 From S$0.33 By OCBC
10. Suntec REIT Target Raised To S$1.54 From S$1.45 By UOB KayHian
9. Sabana REIT Target Raised To S$1.05 From S$0.95 By UOB KayHian
8. K-REIT Asia Target Raised To S$1.13 From S$1.02 By UOB KayHian
7. CapitaCommercial Trust Target Raised To S$1.30 From S$1.20 By UOB KayHian
6. Ascendas REIT Target Raised To S$2.00 From S$1.80 By UOB KayHian
5. Ascendas Hospitality Trust Seeks To File Prospectus For Over S$500M IPO In
Singapore Early Next Week - Sources
Hotel Operator Accor Asia Pacific Likely to Be Cornerstone, Strategic Investor
in Ascendas Hospitality Trust IPO - Source
Ascendas Hospitality Looking To List On Singapore Bourse By End July - Source
4. CapitaLand: Plan to Buy Singapore Property From Ascott Residence Trust
CapitaLand: To Pay S$359 Million to Buy Property From Ascott
CapitaLand: To Develop, Then Divest Property to Ascott Reit for S$405 Mln
CapitaLand: To Also Divest One Singapore, One China Property to Ascott Reit
3. Starhill Global REIT Target Raised To S$0.74 From S$0.65 By Maybank-Kim Eng
2. Genting Singapore Target Cut To S$1.40 From S$2.00 By Maybank-Kim Eng
1. The Dow Jones industrial average .DJI was down 124.20 points, or 0.96 percent, at 12,772.47. The Standard & Poor's 500 Index .SPX was down 12.90 points, or 0.94 percent, at 1,354.68. The Nasdaq Composite Index .IXIC was down 38.79 points, or 1.30 percent, at 2,937.33
