Singapore Stocks - Factors to watch on June 29

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Fri Jun 29, 2012 1:14am BST

 SINGAPORE, June 29 (Reuters) - Following are some
company-related and market news which could have an impact on
the local market.
                                                                      
 ----------------------MARKET SNAPSHOT @ 0001 GMT ------------
                  INSTRUMENT   LAST       PCT CHG   NET CHG
 S&P 500                          1329.04     -0.21%    -2.810
 USD/JPY                          79.28       -0.16%    -0.130
 10-YR US TSY YLD                 1.5734          --    -0.010
 SPOT GOLD                        1552.35      0.10%     1.600
 US CRUDE                         78.37        0.88%     0.680
 DOW JONES                        12602.26    -0.20%    -24.75
 ASIA ADRS                        115.11       0.25%      0.29
 -------------------------------------------------------------           
 
 GLOBAL MARKETS-US stocks sag on healthcare ruling, euro dips
 
 SE ASIA STOCKS-Indonesia falls from 5-week high; Philippine
down 
 
 
 STOCKS TO WATCH
 -- DBS GROUP HOLDINGS, OVERSEA-CHINESE BANKING
CORP, UNITED OVERSEAS BANK 
 - Singapore said on Thursday that foreign banks with a
relatively large share of deposits in the city-state will be
required to locally incorporate their retail operations, forcing
them to commit capital here. 
   Separately, DBS said on Friday it has expanded its U.S.
commercial paper programme to $15 billion from $5 billion.
 
 
 -- KEPPEL CORP LTD 
 - Singapore's Keppel Corp, the world's largest rig builder,
said on Thursday its yards in the U.S. and Azerbaijan had
secured contracts worth a total of about $70 million.
 
 
 -- GOLDEN AGRI-RESOURCES 
 - Golden Agri said on Thursday it had formed a 50-50 joint
venture with Stena Weco, a palm oil transport company, for the
international transportation of the Singapore-listed firm's palm
oil products. 
 
 - K-REIT ASIA 
 - K-REIT Asia said on Thursday it had received an
approval-in-principle from the Singapore Exchange for its
planned listing of 60 million new units at S$1.17 each.
 
 
MARKET NEWS
 > Wall St pares losses late, ends modestly lower         
 > U.S. bonds rise with safety bid during EU summit      
 > Euro, Aussie wilt on little progress at EU summit    
 > Gold down over 1 pct on US healthcare ruling, Europe 
 > Oil heads for worst quarter since 2008 crisis         
 > Key political risks to watch in Singapore      
 
 ASIA-PACIFIC STOCK MARKETS
 Japan             S.Korea       China   
 Hong Kong        Taiwan       India    
 Australia/NZ     
  
 OTHER MARKETS
 Currency      Eurostocks      JP bonds  
 ADR Report    LME metals  
      
 STOCKS NEWS
 US 
 Europe 
 Asia   
 
 DIARIES & DATA: 
 Singapore diary     
 U.S. earnings diary     
 European diary      
 Asia Macro         
     
 TOP NEWS
 Front Page         Asian companies 
 U.S. company News European companies 
 Forex news          Global Economy 
 Tech, Media and Telecoms 
 Financials          General/political 
 A multimedia version of Reuters Top News is available at: 
 topnews.session.rservices.com

 (Reporting by Eveline Danubrata)
 
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