Singapore Q3 GDP growth well below forecast, trade frictions dent outlook
SINGAPORE: Singapore’s economy expanded at a much slower pace than initially thought in the third quarter, with the government flagging further moderation in the current quarter and warning that the US-Sino trade war will hurt growth in 2019. The weakening outlook for the prosperous city-state – a bellwether for global growth because international trade dwarfs its domestic economy – underlines a shakeout in financial […]
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