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SINGAPORE, June 8 Asia Pulse - Highlights of today's newspapers:
BUSINESS TIMES:
- This year may mark the lowest trough for initial public offerings (IPOs) here, as high market volatility and depressed valuations have put the brakes on new listings.
- The darkest hour has passed for Singapore's economy, says a research report by UOB-Kay Hian.
- Counterparty risks and the case for transparency on product issuers have assumed greater prominence in the financial planning landscape after the Madoff fiasco.
- Ezion Holdings is raising gross proceeds of about $43.4 million through a proposed share placement of 70 million new ordinary shares at 62 cents each.
- Singapore companies, which have expanded their presence in China, have continued to stay bullish about the prospects of the emerging Asian economic giant, according ...