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Fri, July 4, 2008, Singapore


| KLCI | 1,124.53 | -29.17 | | HSI | 21,477.33 | +245.55 | | NIKKEI | 13,224.53 | -40.87 |
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| Dow | 11,288.54 | +73.03 | | Nasdaq | 2,245.38 | -6.08 | | S&P | 1,262.90 | +1.38 | | Thursday Closing |
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THE aviation industry slowdown could well turn out to be a blessing in disguise for Singapore Technologies Engineering (ST Engg). DBS Bank has opened a representative office in Hanoi to lead the development of its wholesale banking business in Vietnam. DBS Group Holdings' head of consumer banking for Hong Kong and China has quit and the bank has hired a former executive from ABN Amro to replace him.
ONE of the most important messages that warrant issuers have been trying to convey to the investing public over the past few years is that in order to profit in a falling market, it's better to buy put warrants rather than short-sell calls.
FIRST Ship Lease Trust (FSLT) has done well since our last report dated April 25, up 12 per cent despite broader market weakness.
IT IS often said that the best trading opportunities present themselves when market sentiment is at its most bearish or bullish.
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