CORRECTED-Singapore Stocks - Factors to watch on July 31

(Corrects the period for Sakari Resources' profit increase)
SINGAPORE, July 31 (Reuters) - Following are some
company-related and market news which could have an impact on
the local market.

----------------------MARKET SNAPSHOT @ 0023 GMT ------------
INSTRUMENT LAST PCT CHG NET CHG
S&P 500 1385.3 -0.05% -0.670
USD/JPY 78.12 -0.04% -0.030
10-YR US TSY YLD 1.507 -- 0.007
SPOT GOLD 1620.99 0.03% 0.500
US CRUDE 89.68 -0.11% -0.100
DOW JONES 13073.01 -0.02% -2.65
ASIA ADRS 116.50 -0.75% -0.88
-------------------------------------------------------------

GLOBAL MARKETS-Worlds stocks rise on ECB, Fed hopes; euro
falls
SE ASIA STOCKS-Higher amid selective buying in reporting
season

STOCKS TO WATCH
-- FRASER AND NEAVE LTD, FRASERS PROPERTY (CHINA)
LTD
- Singapore beverage and property conglomerate Fraser and
Neave said on Monday the proposed privatisation of its Hong
Kong-listed unit, Frasers Property (China) Ltd, was
not approved at a court meeting.

-- KEPPEL CORP LTD, K-REIT ASIA
- Singapore's Keppel Corp said on Monday its subsidiary,
K-REIT Asia Investment Pte Ltd, had acquired 6.245 million units
in K-REIT Asia. With the transaction, Keppel Corp's deemed
interest in K-REIT Asia has increased to 75.49 percent from
75.43 percent, the company said.

-- SINGAPORE EXCHANGE LTD
- Singapore Exchange said it is proposing that members will
have to deposit margins on equities trades cleared through its
system, as part of a drive to strengthen the city-state's
financial system.
Separately, the bourse said it had signed a memorandum of
understanding with the Securities Investors Association
(Singapore) to encourage higher participation among retail
investors in the city-state.

-- SAKARI RESOURCES LTD
- Coal producer Sakari Resources said on Monday its
second-quarter net profit rose 66 percent to $23.9 million from
the previous quarter, helped by the production ramp-up at its
Sebuku mine and improved margins.

MARKET NEWS
> Wall Street dips after year's best 2-day run, Fed eyed
> US bond prices rise before c. bank meetings this week
> Euro loses momentum, Aussie up on stimulus hopes
> Gold flat as investors focus on c. Bank meetings
> Brent slips, economic woes trump lower OPEC output
> Key political risks to watch in Singapore

ASIA-PACIFIC STOCK MARKETS
S.Korea China Hong Kong
Taiwan India Australia/NZ

OTHER MARKETS
Currency Eurostocks JP bonds
ADR Report LME metals

STOCKS NEWS
US
Europe
Asia

DIARIES & DATA:
Singapore diary
U.S. earnings diary
European diary
Asia Macro

TOP NEWS
Front Page Asian companies
U.S. company News European companies
Forex news Global Economy
Tech, Media and Telecoms
Financials General/political
A multimedia version of Reuters Top News is available at:
topnews.session.rservices.com

(Reporting by Eveline Danubrata; Editing by Chris Gallagher and
Michael Perry)