DJIA 7,552.60 (-297.81)

• Singapore MAS To Sell S$700M In 20-Year Bonds; 3.500% Coupon
• Phillip Sec Cuts Starhub Target To S$2.14
• OCBC 4Q Net -30% On Bad Loans,Non-Interest Income
• Olam Off 0.8% at S$1.23; Bond Swap To Cut Gearing - DBS Vickers maintains Buy call, S$1.70 target price.
• S'pore Telcos Still Good Defensive Play - BNPP
• Great Eastern Hldgs 4Q Above Expectations -CS
• ST Engine May Fall;Co Expects Flat '09 Pretax Pft
• China Hongxing Sports Target Cut To S$0.17 From S$0.72 By CS
• ST Engineering Target Cut To S$2.50 From S$2.85 By Daiwa
• Keppel Corp Started At Buy By BNP Paribas; S$5.00 Target
• Epure Intl Started At Neutral By Nomura; S$0.35 Target
• ST Engineering Target Cut To S$3.00 Vs S$3.30 -Deutsche Bank
• SIA Target Cut To S$10.55 From S$12.62 By Nomura