DJIA 8,577.91 (-733.08)

• Cosco +1.3% at S$0.805; Reverses Losses On Short Covering
• GIC Stake In UBS To Be Diluted From Convertible Sale
• SingPost Outperforming; Yield Attractive - UBS
• CIMB Upgrades Synear Food To Outperform. Keeps target price at S$0.35.
• Asian Shares Drop On US Econ Woes;Nikkei Dn 9.6%
• Cosco Dn 5.7% at S$0.75; Selling May Be Easing, S$0.7 Floor
• China Will Not Collapse - UBS
• World Bank Rules Out Immediate Crisis Fund For Southeast Asia
• Singapore Exchange Target Price Cut To S$6.60 Vs S$8 By CS
• SIA Off 5%; Outlook Hinges On Demand Recovery
• Wilmar Off 7.0%; Attractive Entry Point-Macquarie
• K-REIT Asia Cut To Neutral From Buy By Goldman Sachs
• SGX Target Cut To S$6.50 From S$7.50 By Morgan Stanley
• Cosco Corp Started At Sell By Deutsche; S$0.50 Target
• Singapore Airlines Target Cut To S$14.02 Vs S$15.57 By Daiwa