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Monday 28 May 2012

Singapore Stocks-Cautious start seen; Wilmar in focus

SINGAPORE, May 29 (Reuters) - Singapore shares may have a
cautious start on Tuesday after Spanish 10-year borrowing costs
jumped to nearly the 7 percent danger level, with palm oil firm
Wilmar International Ltd likely to be in focus.
Macquarie Group Ltd will buy 42.5 percent of
commodities house Czarnikow from Wilmar, which will cease to be
a shareholder, Czarnikow said on Monday. Terms of the deal were
not disclosed.
U.S. markets were closed for a public holiday.

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