DJIA 8,281.22 (+68.73)

• Singapore 4Q GDP Record Fall; Dec Output, CPI Down
• S'pore Shipping Trusts Face Covenant Risk-OCBC
• CS Cuts S'pore Property Developer Targets. Cuts CapitaLand target to S$2.21 from S$2.78, City Developments target to S$4.78 from S$6.40, Keppel Land target to S$1.55 from S$2.48.
• Singapore Rig, Ship Builders 4Q Net Likely Weak
• SembMarine Down 3.1% at S$1.56; Petromena Fears Weigh
• SPC Target Cut To S$4.50 From S$6.20 By Cazenove
• MobileOne Target Cut To S$1.40 From S$1.52 By Daiwa
• SIA Target Cut To S$14.00 From S$15.00 By UBS; Keeps Buy
• JPM Cuts CapitaRetail China Target To S$1.05
• USD Trades At S$1.5004 Vs S$1.4890 In Late Asian Trade Mon