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Brokers' take
Published Wed, May 20, 2015 · 09:50 PM
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Singapore Offshore & Marine | Market Weight
UOB Kay Hian Research, May 20
THE latest newswire reports suggest a possible turning point in Brazil. Sete Brasil's restructuring plan has received shareholders' approval. Its rig-building programme will most likely be reduced from 29 to 15 units.
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Capital Markets & Currencies
Asia: Stocks rise as Federal Reserve tamps down hike fears; yen leaps
Japanese companies struggle with yen’s continued weakness
Singapore stocks open stronger on Thursday; STI up 0.5%
Stocks to watch: DBS, Olam, Parkway Life Reit, Japfa, CSE Global
Europe: UK’s FTSE 100 slips ahead of Fed outcome, energy stocks weigh
US: Stocks end mostly lower in volatile reaction to Federal Reserve
