Thursday, June 23, 2011

Market Daily -- 23rd Jun 11

11. Singapore May CPI +4.5% On Year; DJ Poll Tipped +4.1%
Singapore May Adjusted CPI +0.6% On Month; Poll Tipped +0.3%
Singapore May Transportation Prices Up 7.5% On Year
Singapore May Housing Prices Up 8.1% On Year
Singapore May Food Prices Up 2.8% On Year

10.  GIC Deputy Chairman: Will Resign From Singapore Press Holdings Effective July 1
 GIC Deputy Chairman: Will Resign From GIC Effective July 1
 Singapore GIC Deputy Chairman: To Run For President As Independent Candidate

 9. Noble Group Target Cut To S$2.04 From S$2.80 By IIFL

8. Shui On Land CEO: China Property Market Growth Remains Supported
Shui On Land CEO: China May Keep Property Tightening Measures For A Year
 Shui On Land CEO: No Need For 'More Stringent' Property Tightening Measures
 Shui On Land CEO: China Credit Tightening May Hit Smaller Developers
 Shui On Land CEO: Some Smaller Developers May Disappear In Medium Term

7. Singapore Exchange Target Cut To S$8.70 From S$9.30 By UBS

6. Singapore GIC Spokesperson: Deputy Chairman Tony Tan Collects Forms For Presidential Election

5. Maybank, CIMB To Drop Takeover Bid Of RHB Capital - Report
Maybank, CIMB Announcement On RHB Capital Expected Today - Report
Pricing May Be A Hurdle With CIMB, Maybank To Place Bid For RHB Capital - Source 
Valuation By Aabar Investments For 25% Stake In RHB Capital Was 'Rich' - Source
Difficult For CIMB, Maybank To Compete With Aabar Offer Price For RHB Stake - Source 

4. Yangzijiang Shipbuilding: In Preliminary Pact With Peter Döhle Schiffahrts For 8 Container Vessels
Yangzijiang: Pact With Peter Döhle To Build Vessels Of 10,000 TEU Capacity Each
Yangzijiang: China Development Bank To Provide US$1B Loan To Peter Döhle For Vessel Buys 

3. STX OSV Gets KRW240B Ship Order From Farstard Shipping In Europe
 STX To Build 2 Multipurpose Deep Water Offshore Service Ships For Farstard
STX To Deliver 2 Offshore Service Ships To Farstard From 2H 2013 

2. SingTel's Optus, Australia Govt Sign Deal On National Broadband
SingTel's Optus Says Australia Broadband Deal Worth About A$800M 

1. The Dow Jones industrial average .DJI slid 80.34 points, or 0.66 percent, to end at 12,109.67. The Standard & Poor's 500 Index .SPX fell 8.38 points, or 0.65 percent, to 1,287.14. The Nasdaq Composite Index .IXIC lost 18.07 points, or 0.67 percent, to close at 2,669.19