Wednesday, July 18, 2007

Singapore's Stocks Slide Most in Three Months; CapitaLand, DBS Decline

(Bloomberg) -- Singapore's stocks fell the most in
three months after the government increased the fee builders
have to pay to redevelop sites.

CapitaLand Ltd., the city-state's biggest developer, and
DBS Group Holdings Ltd., the largest lender, paced the decline.
Yongnam Holdings Ltd., the best-performing construction stock
this year, tumbled the most in more than four months.


Read more at Bloomberg Stocks News

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