DJIA 9,387.61 (+936.42)

• Ex-Fed Volcker:Govt Intervention Distasteful But Necessary
• Cosco Turns Lower, Dn 12.5% at S$1.05;Funding Concerns Eyed
• Wilmar Target Cut To S$3.46 From S$5.59 By ABN Amro
• Jurong Technologies Target Cut To S$0.28 From S$0.35 By OCBC
• Sembcorp Industries Target Cut To S$4.00 From S$4.20 By CS
• Li Heng Chemical +7.3%; Prospects Dimming, Cuts target price to S$0.45 from S$0.75 - KE
• Yongnam Target Cut To S$0.15 From S$0.29 By Credit Suisse
• Tiong Woon Target Cut To S$0.45 From S$0.65 By Credit Suisse
• Hong Leong Asia Target Cut To S$1.50 From S$2.30 By CS
• Cosco Singapore Target Cut To S$0.55 From S$1.20 - CS
• Yangzijiang Raised To Neutral From Underperform - CS
• Sembcorp Marine Raised To Neutral From Underperform - CS
• Keppel Corp Raised To Neutral Vs Underperform - Credit Suisse
• UOB Target Cut To S$18.40 From S$22.30 By DMG
• DBS Target Cut To S$15.50 From S$18.80 By DMG
• OCBC Target Cut To S$7.80 From S$9.60 By DMG
• SPH Target Cut To S$3.75 From S$4.45 By UBS
• StarHub Target Cut To S$2.65 From S$3.05 By Citigroup
• SingTel Target Cut To S$3.20 From S$4.00 By Citigroup
• Sembcorp Ind Target Cut To S$3.40 From S$4.80 By JPMorgan