1. Cosco Corp. (F83.SG) reiterated Sunday that the retirement of President and Vice Chairman Ji Hai Sheng was part of a "normal" planned management renewal process put in place by the parent company
2. CityDev Target Cut To S$14.31 From S$14.83 By BNP Paribas
3. SGX Target Cut To $7.60 Vs S$8.60 By Goldman; Keeps Neutral
4. Cosco Corp Target Cut To S$2.20 From S$4.00 By Nomura
5. SingTel Target Cut To S$4.06 Vs S$4.24 By JPM; Keeps Neutral
6. Goldman Sachs cuts SGX target price to S$7.60 from S$8.60; maintains Neutral rating
7. PMorgan upgrades UOB To Overweight from Neutral; target price unchanged at S$23.00
8. Singapore's 2Q GDP +2.1% on-year, faster than government's flash estimate for +1.9%, topping Dow Jones poll forecast for +1.7%, but government also lowers full-year growth target, citing weaker exports. Singapore GDP now expected to grow 4%-5% in 2008 vs previous target of 4%-6% as outlook for key electronics, pharmaceuticals sectors remains bleak
9. JPM Cuts '08, '09 Growth Targets For ASEAN
10. Singapore Faces Jobless Rise If Slowing Persists
11. Singapore likely to meet 4%-5% GDP growth forecast for 2008 despite rising concerns about global economic outlook, says Action Economics economist David Cohen
12. Credit Suisse downgrades Singapore market to Underweight from Overweight
13. Philippine investment holding company Alliance Global Group Inc. Monday said it has agreed to sell 50% of its hotel and leisure unit to Hong Kong-based Star Cruises Ltd. for $335 million
14. Singapore 2Q GDP Falls; Exports To Contract In 2008
15. Singapore market looks relatively defensive going into 2H08 says Citigroup; broker has STI target of 3240
16. Singapore Palm Plays Head Lower; Oil Fall Weighs
17. JPMorgan maintains CapitaLand at Overweight rating with unchanged S$7.00 target price
18. Singapore Telecommunications Ltd. Monday said its regional mobile subscriber base rose 45% on year to 197.7 million in the three months ended June 30 on strong subscriber growth from associates in India, the Philippines and Indonesia
19. Goldman Sachs keeps Sembcorp Industries at Neutral due to limited upside to target price of S$4.90
20. Cosco Corp. continues to fall, underperforms market despite company's attempt to reassure investors over recent top management changes; shares down 0.8% at S$2.42 vs STI +0.5%
21. Goldman Sachs keeps cautious view of Singapore developers, warns headwinds in Singapore, overseas residential property market unlikely to abate
22. CLSA reiterates Sell on Yangzijiang Shipbuilding due to higher-than-anticipated increases in steel, labor costs, climbing tax rates, falling USD; maintains target price at S$0.64
23. Seoul-based STX Pan Ocean Co. Monday said its second-quarter net profit surged to KRW169.89 billion ($165 million), up 63% from KRW104.17 billion a year earlier, due mainly to strong global bulk demand
24. DBS may continue to face poor investor sentiment due to its low CDO provision, says Goldman Sachs
