Thursday, December 29, 2011

Dec 29: Fortune REIT, Singapore Press Holdings

Singapore shares may open lower on Thursday after U.S. stocks fell more than 1% on renewed euro zone concerns, with the euro sliding to an 11-month low against the U.S. dollar as the region’s debt worries prompted a wave of selling.

Singapore's benchmark Straits Times Index <.FTSTI> fell 0.28%on Wednesday to 2,666.25 points. Here are some stocks and factors to watch: 
Fortune Real Estate Investment Trust, a property trust listed in Hong Kong and Singapore, said on Thursday it will buy two commercial properties in Hong Kong for HK$1.9 billion ($316.8 million).   
 
Singapore Press Holdings said on Wednesday it was determined to pursue its lawsuit against Yahoo! Southeast Asia Pte over copyright claims. 
 

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