2008-Jul-13 - PRESS DIGEST - Singapore newspapers - July 7

SINGAPORE, July 7 (Reuters) - The following are stories from Singapore newspapers on Monday. Reuters has not verified these stories.

THE STRAITS TIMES

- There is no evidence to suggest that suspected militant leader Mas Selamat Kastari has fled to Indonesia, the Home Affairs Ministry said. Mas Selamat, who escaped from a Singapore detention centre four months ago, had allegedly planned to hijack a plane and crash it into Changi Airport.

BUSINESS TIMES

- The Singapore Exchange (SGXL.SI: Quote, Profile, Research) (SGX), Singapore Press Holdings (SPRM.SI: Quote, Profile, Research) and FTSE Group has launched a new index that will track the largest and most liquid Singapore-listed Chinese stocks. SGX and partners hope investors will create new index-linked products like exchange traded funds based on the new FTSE ST China Top Index.

-Yields on Singapore property have widened relatively to 10-year bonds but investors remain wary as they believe the correction in real estate has some way to go, property consultants DTZ said.

Source: http://uk.reuters.com