Thursday, October 14, 2010

Market Daily -- 14th Oct 10

13.  DBS Bank Seeks To Raise At Least S$1.5B In Preference Shares - Source
 DBS Bank Now Seeks To Price Preference Shares At 4.7% Yield - Source

12. New Cotai Initiates Legal Proceedings Against Macau JV Partners In HK
New Cotai Sues eSun Holdings, CapitaLand For Breach Of Contract

11.  DBS Bank To Issue Benchmark Singapore Dollar Bond - Source
 DBS Bank To Issue Perpetual Singapore Dollar Bond - Source
 DBS Bank To Use Bond Proceeds To Refinance Preference Shares - Source

10. Jaya Holdings Restarted At Buy, S$1.15 Target By DBS Vickers

9. Overseas Union Enterprise Target Raised To S$3.71 By CIMB
Overseas Union Enterprise Target Raised From S$3.37 By CIMB

8. Otto Marine Target Raised To S$0.39 From S$0.30 By CIMB

7. Midas Holdings Target Cut To S$1.05 From S$1.29 By OCBC

6. Singapore MAS Tightens Monetary Policy
 Singapore MAS: Increase Slope Of Policy Band "Slightly"
 MAS: To Widen Singapore Dollar Policy Band "Slightly"
 MAS: Continue To Target Modest, Gradual Rise In Singapore Dollar
 MAS: Continue To Target Modest, Gradual Rise In Singapore Dollar
 Singapore MAS: Seeking To Cap CPI Inflation At 2%-3% In 2011
 Singapore MAS: Domestic Cost Pressures Are Rising
 Singapore MAS: Balance Of Risks Is Weighted Toward Inflation Going Forward
 Singapore MAS: Domestic Economy To Continue Expansion In 2011
Singapore MAS: Expect Inflation To Stay High In 1H 2011
 Singapore MAS: Domestic Economy To Continue Expansion In 2011

5. Singapore Airlines Target Raised To S$19.9 Vs S$17.9 -Deutsche

4. Singapore Exchange Target Raised To S$11.20 From S$9.40 By CS

3. City Developments Target Raised To S$17.16 From S$13.18 By CS

2. Singapore Exchange Target Raised To S$10.60 Vs S$9.00 By Citi

1. WALL STREET: Strong earnings from J.P. Morgan Chase, Intel helped lift broader market even as they stumbled. Dow +0.7%, Nasdaq +1.0%