Singapore Stocks - Factors to watch on Sept 17

Following is some company-related and market news which could
have an impact on the local market.

----------------------MARKET SNAPSHOT @ 2359 GMT ------------
INSTRUMENT LAST PCT CHG NET CHG
S&P 500 1465.77 0.4% 5.780
USD/JPY 78.32 -0.08% -0.060
10-YR US TSY YLD 1.8695 -- 0.000
SPOT GOLD 1774.25 0.27% 4.790
US CRUDE 98.98 -0.02% -0.020
DOW JONES 13593.37 0.40% 53.51
ASIA ADRS 124.62 1.79% 2.19
-------------------------------------------------------------

GLOBAL MARKETS-Fed stimulus plan spurs risk rally; dollar
slips
SE ASIA STOCKS-Jakarta hits record high, Thai at 16-yr high

STOCKS TO WATCH
-- FRASER AND NEAVE LTD
- Insurer Prudential's stake in Fraser and Neave has fallen
to 7.991 percent from 8.0263 percent. It is a substantial
shareholder of Fraser and Neave through its deemed interest held
via units including Eastspring Investments and M&G Investment
Management Ltd.

- Fraser and Neave has agreed to sell its 56.05 percent
stake in Frasers Property (China) Ltd for S$261
million ($212 million)to a unit of Shanghai-listed Gemdale
Corporation, as it streamlines its property business
in China.

-- ARA ASSET MANAGEMENT LTD
- ARA Asset Management received approval on Friday from the
Singapore Exchange to list the first yuan-denominated real
estate investment trust (REIT) in the city-state, which a source
said could raise $700 million.

-- SEMBCORP MARINE LTD
- Rigbuilder Sembcorp Marine's wholly-owned subsidiary has
bought UK-based SLP Engineering Ltd from Smulders Group for 2.5
million pounds.

-- CAPITALAND LTD
- Property developer CapitaLand said it has priced $400
million worth of fixed rate notes due 2022 at a coupon of 4.076
percent, marking the first time it is tapping on US dollar bond
markets.

-- SWIBER HOLDINGS LTD
- Oil and gas services firm Swiber Holdings said it will
issue S$80 million worth of senior perpetual securities at 9.75
percent. Australia and New Zealand Banking Group and DBS Bank
are the joint lead managers and bookrunners of the issue.

MARKET NEWS

> Wall Street ends at multi-year highs on Fed
> Bonds sag as Fed move raises inflation jitters
> Dollar pinned down by Fed, markets wary of yen
> Gold posts second day of gains after Fed stimulus
> Oil prices push higher as Fed stimulus supports
> 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 Charmian Kok; Editing by Eric Meijer)