SINGAPORE, April 30 (Reuters) - Singapore’s Straits Times Index fell 0.31 percent to 3,388.10 points at 0115 GMT. Stocks and factors to watch:
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(RTTNews) - Singapore jobless rate came in at seasonally adjusted 2.9% in the March quarter, the statistical office indicated Monday. The jobless rate stood at 2.6% in the December quarter. The number of unemployed persons totaled 78,800, larger than 70,700 in December quarter.
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SINGAPORE, April 30 (Reuters) - United Overseas Bank (UOB), Singapore’s No. 2 bank, said on Monday it has signed a letter of intent to make a strategic investment in China’s Evergrowing Bank.
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SHANGHAI, April 30 (Reuters) - Singapore’s United Overseas Bank (UOB), the second largest lender in the city-state, is in final talks to buy a nearly 20 percent stake of a small Chinese lender, two sources familiar with the situation said on Monday.
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April 30 (Bloomberg) — A painting by Belgian Impressionist Adrien Jean Le Mayeur de Merpres was the top sale at Sotheby’s auction of Southeast Asian art in Singapore yesterday, which raised two-thirds more than expected.
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Singapore’s unemployment rate jumped to 2.9 percent in the first quarter, even as the economy added 48,000 new jobs, the Ministry of Manpower said Monday.
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SINGAPORE, April 30 (Reuters) - The following are stories from Singapore newspapers on Monday. Reuters has not verified these stories.
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SINGAPORE, April 30 (Reuters) - Singapore stocks fell 1 percent Monday as investors worried that a slowing U.S. economy would hurt Asian economic growth and corporate earnings.
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