Singapore Stocks - Factors to watch on April 2

Tue Apr 2, 2013 1:36am BST

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SINGAPORE, April 2 (Reuters) - Following are some
company-related and market news which could have an impact on
the local market.
                                                              
 ----------------------MARKET SNAPSHOT @ 0029 GMT ------------
                     INSTRUMENT   LAST       PCT CHG   NET CHG
 S&P 500                          1562.17     -0.45%    -7.020
 USD/JPY                          93.04       -0.15%    -0.170
 10-YR US TSY YLD                 1.8366          --     0.002
 SPOT GOLD                        1601.01      0.16%     2.610
 US CRUDE                         96.85       -0.23%    -0.220
 DOW JONES                        14572.85    -0.04%     -5.69
 ASIA ADRS                        133.01      -1.98%     -2.69
 -------------------------------------------------------------
 
 
    GLOBAL MARKETS-Asian shares, U.S. dollar capped as more data
looms 
    SE ASIA STOCKS-Most down in subdued trade; Vietnam bucks
trend 
 
 
    STOCKS TO WATCH
    -- CAPITALAND LTD AND TEMASEK HOLDINGS 
    - Property developer CapitaLand said it will restructure its
40-percent owned Surbana Corp's residential development segment
and consultancy segment into two businesses. Singapore state
investor Temasek Holdings will maintain its 60 percent stake in
the two businesses. 
    
    -- SINGAPORE PRESS HOLDINGS LTD 
    - Singapore media and property firm SPH has agreed to buy
online car portal sgCarMart for S$60 million ($48.3 million).
 
    
    -- CHINA AVIATION OIL 
    - China Aviation Oil, Asia's largest jet fuel trader, said
it started commercial operations on Monday of a joint-venture
oil storage terminal in South Korea with a capacity of 1.3
million cubic metres. 
    
    -- OTTO MARINE LIMITED 
    - Offshore marine firm Otto Marine has sold a vessel to RY
Offshore Ltd for $50 million, which will be chartered to its
subsidiary Go Marine Group. 
    
 MARKET NEWS
 > Nikkei drops 2.2 pct to below 12,000,lowest in 3 wks   
 > Wall St falls after factory data, last week's records  
 > Prices gain as March manufacturing growth slows       
 > Yen firmer as BOJ looms; USD hit by data             
 > Gold up in holiday trade after weak US factory data  
 > Brent higher in choppy trading, U.S. crude slips      
 > 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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