Wednesday, January 12, 2011

Market Daily -- 12th Jan 11

12.  DBS CEO: Actively Looking To Create Singapore Based Renminbi Product
 DBS CEO: Expect To Launch Renminbi Products Over Next Several Months
DBS CEO: Expect Pressure On Bank's Net Interest Margins To Ease In 2H 

11. Singapore GIC Has No Immediate Plan To Sell Seoul Finance Center - Report

10. Straits Asia Target Raised To S$2.30 Vs S$1.80 By Goldman Sachs

9. Suntec REIT Target Raised To S$1.60 Vs S$1.35 By JPMorgan

8. CapitaMall Trust Target Cut To S$2.00 Vs S$2.20 By JPMorgan

7. Keppel Land Target Raised to S$4.75 From S$4.00 By BoA-ML

6. CapitaMalls Asia Target Raised To S$2.24 Vs S$2.19 By Macq

5. SingTel Target Price Raised To S$3.53 Vs S$3.40 By UBS

4. Amtek Engineering Target Set At S$1.75 By Credit Suisse

3. Great Eastern Holdings Seeks To Sell 15-Year Singapore-Dollar Bond -Source

2. Singapore Minister: Outlook For Construction Sector In 2011 'Promising'
 Singapore Minister: Projected Construction Demand Of S$22B-S$28B In 2011
 Singapore Minister: Expect To See Sustained Level Of Construction In 2012, 2013
 Singapore Minister: Expect S$19B-S$26B Construction Contracts Per Year In 2012, 2013
Singapore Minister: Monitoring The Impact Of Foreign Worker Levy Increase 
Singapore Minister: Will Study The Need To Further Raise Foreign Worker Levies

1. WALL STREET: Stocks rose as worries over euro-zone debt eased, although a shaky start to the earnings season limited the climb. The Dow Jones Industrial Average rose 0.3%, the Nasdaq climbed 0.3%