DJIA 8,212.49 (+12.35)

• Singapore Yongnam Holdings Gets S$185.5M Contact
• S'pore Ppty Market Won't Bottom Until 2010 - CS
• Singapore Dec Exports Contract For 8th Consecutive Mo
• UOB KayHian Cuts SGX Target To S$3.0, Keeps Sell
• Ascendas REIT Target Cut To S$1.89 Vs S$2.32 By Deutsche Bank
• Goldman Sachs Upgrades OCBC To Buy Vs Neutral. Targets S$9.70.
• UOB KayHian Upgrades ST Engineering To Buy, raises target price to S$2.83 from S$2.40
• Asia Exports Drop Due To China, Less So US-Westpac
• Singapore Airlines Cuts 214 Flights As Demand Falls -Report. Can't Rule Out Layoffs, Pay Cuts
• JPM Upgrades NOL To Neutral; S$1.10 Target
• SGX Target Cut To S$5.80 From S$6.60 By CS; Keeps Neutral
• Singapore Dec Exports Likely -20% Led By Electronics
• Ascendas REIT Seeks S$400M In Pvt Placement,Preferential Offer