1. JPMorgan downgrades Cosco to Neutral from Overweight on concerns over impact of high steel prices, lack of earnings visibility; Cuts target price to S$3.00 from S$3.80
2. UBS downgrades Keppel Land to Neutral from Buy; cuts target price to S$4.80 from S$8.89
3. Daiwa initiates China Zaino at Outperform, sets S$0.68 target price
4. Goldman Sachs nudges up Jardine C&C target price to S$21.30 from S$20.40, reiterates Buy rating
5. China Hongxing May Rise; 1H08 Profit +37.5% Y/Y
6. Citigroup cuts China XLX Fertiliser target price to S$0.95 from S$1.10; maintains Buy rating
7. OCBC Investment Research starts Valuetronics at Buy with S$0.26 fair value, based on 6X FY09 earnings vs average market P/E of 5.4X
8. DBS Vickers cuts target price for Singapore Land to S$8.80 from S$9.82
9. China Oilfield Tech Off 8.3% On Results Warning. 2Q08 results due before August 15. Orderbook quotes suggest shares may hold above S$0.25
10. DBS Vickers downgrades Cosco to Hold from Buy. Cuts target price to S$3.26 from S$4.00
11. Sembcorp Marine Ltd.2Q net profit may rise by 34% to S$115 million vs S$86 million in 2Q 2007, shows Dow Jones Newswires average poll of 5 analysts
12. Morgan Stanley cuts target price for SingTel to S$3.60 from S$4.25 to reflect reduced valuations for associates Bharti, Telkomsel
13. UOB 2Q Net Profit Likely Down 7.4% Y/Y - Poll
14. China Hongxing Flat; Consumer Demand Waning-Citi. Orderbook quotes suggest S$0.48-S$0.505 trading band
15. Credit Suisse downgrades Cosco Corp to Underperform from Outperform; slashes target price to S$2.25 from S$4.40
16. CLSA starts Yangzijiang Shipbuilding at Sell with S$0.64 target, based on 7X FY09 P/E
17. Singapore Airlines Not Raising China Eastern Stake - Report
18. United Overseas Bank 2Q Net S$601M Vs S$585M;Expected S$542M
19. Credit Suisse quantitative analysis tips Philippines, Australia and Singapore as least attractive markets this month
20. Singapore-listed shipbuilders badly bruised for 2nd straight day, as several broker downgrades of Cosco exacerbate already-cautious tone triggered by 2 Korean shipbuilders' order cancellations yesterday
21. Daiwa cuts CapitaLand target price to S$6.08 from S$6.73; maintains Hold rating
22. UOB-KayHian cuts Fibrechem Technologies target price to S$1.44 from S$1.78, maintains Buy rating
23. SembCorp Marine 2Q Net Profit S$128.3M; Poll S$115M
