DJIA 7,270.89 (-80.05)

• STX Pan Ocean 4Q Net Loss US$95M Vs US$175M Profit
• City Devts 4Q Net Dn 57%; Sees Challenging Yr
• India Coal Demand To Grow Despite Slowdown -Official
• S'pore Straits Times Index Erases Gain; Down 0.2% At 1613.86
• OCBC Cuts Straits Asia Target To S$1.15;Keeps Buy
• China Hongxing +4.6% at S$0.115 But Still Down 29% This Week
• Ho Bee Investment Target Cut To S$0.63 From S$0.76 By CIMB
• Delong Holdings Fair Value Cut To S$0.21 From S$0.34 -UOB-KH
• City Developments 2008 Net Profit S$581M Vs S$725M
• SIA Target Cut To to S$10.52 From S$11.53 By Daiwa
• Singapore Exchange Target Cut To S$6.00 From S$9.00 By UBS
• Singapore 2008 Unemployment Rate Averaged 2.3% - Survey
• Yanlord Land May Slip; 4Q Net Profit Dn 32% Y/Y
• OCBC Cuts Straits Asia Resources Target To $1.15 From S$1.35