Singapore Stocks - Factors to watch on Jan 9

Wed Jan 9, 2013 12:29am GMT

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Following are some company-related and market news which could
have an impact on the local market.
 
                                                                    
 ----------------------MARKET SNAPSHOT @ 0017 GMT ------------
                     INSTRUMENT   LAST       PCT CHG   NET CHG
 S&P 500                          1457.15     -0.32%    -4.740
 USD/JPY                          87.05        0.02%     0.020
 10-YR US TSY YLD                 1.8744          --    -0.026
 SPOT GOLD                        1660.5       0.11%     1.900
 US CRUDE                         93.25        0.11%     0.100
 DOW JONES                        13328.85    -0.41%    -55.44
 ASIA ADRS                        131.95      -1.52%     -2.04
 -------------------------------------------------------------      
 
    GLOBAL MARKETS-Shares, dollar down ahead of earnings, bonds
rise 
    SE ASIA STOCKS-Most retreat, banks lead Vietnam to 7-month
high 
 
    STOCKS TO WATCH
    -- SINGAPORE EXCHANGE LTD 
    - Singapore Exchange said on Tuesday that it has tightened
its risk management systems so it can to meet new global
regulatory standards and make it easier for U.S. and European
banks to continue to be members of its clearing houses.
 
    
    -- UNITED ENVIROTECH LTD 
    - KKR & Co LP has agreed to make a $40 million
follow-on investment in China-focused water treatment and
recycling company United Envirotech through a share purchase,
the companies said in a statement on Tuesday.
    - United Envirotech also plans to invest S$35 million in
Memstar Technology Ltd, another water treatment firm,
through a share purchase from Memstar's chairman and chief
executive officer. 
    
    -- WHEELOCK PROPERTIES (SINGAPORE) LTD 
    - A unit of Wheelock Properties, Pinehill Investments Pte
Ltd has put in the highest bid for a residential land tender in
Singapore for S$8,502.35 per square meter of gross floor area. 
    
    MARKET NEWS
 
 > Nikkei sheds 1 pct in early trade as yen rebounds      
 > Wall Street slips as earnings season gets under way    
 > U.S. bond prices gain as higher yields reel in buyers 
 > Euro, dollar fall vs yen as BOJ, ECB eyed            
 > Gold up for first time in 3 days on Asian buying     
 > Brent crude up as annual rebalancing widens WTI spread 
 > Key political risks to watch in Singapore      
 
    ASIA-PACIFIC STOCK MARKETS
    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:
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