Singapore Stocks - Factors to watch on Jan 15

SINGAPORE, Jan 15 (Reuters) - Following are some
company-related and market news which could have an impact on
the local market.

----------------------MARKET SNAPSHOT @ 0030 GMT ------------
INSTRUMENT LAST PCT CHG NET CHG
S&P 500 1470.68 -0.09% -1.370
USD/JPY 89.53 0.08% 0.070
10-YR US TSY YLD 1.8466 -- -0.002
SPOT GOLD 1667.8 0.06% 1.000
US CRUDE 94.16 0.02% 0.020
DOW JONES 13507.32 0.14% 18.89
ASIA ADRS 135.39 0.42% 0.57
-------------------------------------------------------------

GLOBAL MARKETS-Shares dip from recent highs, euro gains

SE ASIA STOCKS-Indonesia near 1-week high; Thai banks
strong

STOCKS TO WATCH
-- FRASER AND NEAVE LTD
- A group led by Overseas Union Enterprise
extended its $10.7 billion offer to take over Singapore property
and drinks firm Fraser and Neave, which is also a takeover
target of a Thai billionaire, until Jan 21.
Separately, Singapore's Business Times cited reports as
saying that Hong Kong-based private equity fund PAG had been
accumulating a stake in F&N.

-- SINGAPORE PRESS HOLDINGS
- Singapore media and property firm SPH reported a 6.6
percent fall in first-quarter net profit to S$91.1 million
($74.3 million) from a year earlier, mainly due to reduced
contribution from the newspaper and magazine and its exhibition
business.

-- SINGAPORE TELECOMMUNICATIONS LTD
- SingTel's Indonesian affiliate Telkomsel said the Supreme
Court had granted its appeal and refused the bankruptcy petition
from Pt Prima Jaya Informatika.

-- GOLDEN AGRI-RESOURCES LTD
- Five former Cargill traders have joined
Singapore-listed palm oil firm Golden-Agri Resources early this
year, a source with direct knowledge of the matter told Reuters
on Monday.

MARKET NEWS
> Nikkei rises 1.2 pct to scale 32-month high
> Apple drags on S&P, Nasdaq; Dell jumps after report
> Bond prices rise on Fed purchase, Bernanke
> Dollar struggles vs euro, Swiss franc nurses losses
> Platinum hits 3-month high on supply worry, gold up
> Oil rises toward $112 on product strength, weak dollar
> Key political risks to watch in Singapore

ASIA-PACIFIC STOCK MARKETS
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Taiwan India Australia/NZ

OTHER MARKETS
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ADR Report LME metals

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