0116 GMT [Dow Jones] STI not likely to revisit low of 0.74X P/B level reached in 1998 Asian financial crisis despite current global turmoil being more widespread, says DMG
0732 GMT [Dow Jones] CapitaLand (C31.SG) most probable candidate among major Singapore developers to replace Las Vegas Sands if U.S. gaming giant unable to complete Marina Bay casino-resort project due to its financing woes, says CIMB. CapitaLand teamed up with MGM Mirage in 2006 to bid for project but lost to Sands. But with Sands facing prospect of going belly-up, CIMB says developer could step in, possibly via JV with Singapore government. But adds financial obligation would be heavy, 
US President Elect Barack Obama on Wednesday moved swiftly to capitalise on the momentum from his historic victory by announcing a string of senior appointments aimed at reassuring the markets and ensuring a confident transition to the presidency in January.
0444 GMT [Dow Jones] Singapore shares sustain gains but off highs as some profit-taking emerges after news of Obama victory in U.S. election. STI +4.4% at 1910.02 at midday vs session high of 1933.51. "
(END) Dow Jones Newswires
November 02, 2008 20:49 ET (01:49 GMT)
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(END) Dow Jones Newswires
November 02, 2008 19:45 ET (00:45 GMT)
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0034 GMT [Dow Jones] Singapore shares may head higher after Wall Street rose Friday as bank stocks rallied on easing credit markets (DJIA +1.6%). No lead from Nikkei as Japan market closed for holiday, but Kospi higher at open, suggests regional indexes biased up. "
(END) Dow Jones Newswires
November 02, 2008 19:12 ET (00:12 GMT)
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October 31, 2008 05:39 ET (09:39 GMT)
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October 31, 2008 05:35 ET (09:35 GMT)
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