Singapore Stocks - Factors to watch on Nov 29

SINGAPORE, Nov 29 (Reuters) - Following are some
company-related and market news that could have an impact on the
local market.

----------------------MARKET SNAPSHOT @ 0005 GMT ------------
INSTRUMENT LAST PCT CHG NET CHG
S&P 500 1409.93 0.79% 10.990
USD/JPY 82.16 0.13% 0.110
10-YR US TSY YLD 1.6352 -- 0.002
SPOT GOLD 1722.41 0.18% 3.100
US CRUDE 86.7 0.24% 0.210
DOW JONES 12985.11 0.83% 106.98
ASIA ADRS 121.56 0.21% 0.25
-------------------------------------------------------------

GLOBAL MARKETS-Stocks recover on Boehner, euro pares drop

SE ASIA STOCKS-Manila at record high on robust Q3; Indonesia
lags

STOCKS TO WATCH
-- OLAM INTERNATIONAL LTD
- Singapore commodity trader Olam defended its record on
accounting and acquisitions and said it had the backing of a key
state investor as it seeks to counter criticism from a
short-seller that has hammered its shares.

-- SEMBCORP MARINE LTD
- Oil rigbuilder Sembcorp Marine said it has won its seventh
drillship contract worth $806.4 million from Sete Brasil
Participaces S.A., which is scheduled for delivery no later than
the third quarter of 2016.

-- COSCO CORP (SINGAPORE) LTD
- Chinese shipbuilder COSCO Corp said its 51 percent-owned
subsidiary has secured a contract from a European company to
build two bulk carriers for a total of $41 million.

-- UNITED OVERSEAS BANK LTD
- United Overseas Bank's asset management arm has entered
into an agreement with Sumitomo Mitsui Asset Management Co Ltd
to set up a 50-50 joint venture fund management company in
Singapore, which will mainly expand the distribution of both
companies in Asia.

MARKET NEWS

> Nikkei rebounds from 1-week closing low on US hopes
> Wall St jumps in another 'fiscal cliff' swing
> Bond prices gain on standoff in U.S. budget talk
> Euro edges lower as Greece, U.S. fiscal woes weigh
> Gold drops 1.5 pct on deflation fears, fund sales
> Oil falls as demand worries trump 'fiscal cliff' hope
> Key political risks to watch in Singapore

ASIA-PACIFIC STOCK MARKETS
S.Korea China Hong Kong
Taiwan India Australia/NZ

OTHER MARKETS
Currency Eurostocks JP bonds
ADR Report LME metals

STOCKS NEWS
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DIARIES & DATA:
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Asia Macro

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