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Singapore PMI rises in May, recovers from April lows

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In May, Singapore's factory sentiment improved both overall and in the electronics sector for the first time this year, recovering from April's levels, which were the lowest since 2008. But both readings were still in contractionary territory for the fourth straight month, with economists warning that headwinds persist.

Singapore

IN MAY, Singapore's factory sentiment improved both overall and in the electronics sector for the first time this year, recovering from April's levels, which were the lowest since 2008. But both readings were still in contractionary territory for the fourth straight month, with...

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