23180
Singapore Growth at 3-Year Low
World Economy

Singapore Growth at 3-Year Low

Singapore’s economy contracted during the June quarter of 2015 with the government reporting a decline of 4.0%, Business Insider reported. The figure, an improvement on the 4.6% decline reported in the initial estimate, saw the annual rate revised higher to 1.8%. Previously growth had been reported as 1.7%. And the government is concerned about the growing risks from recent developments in China, including the stock market correction. Despite the upward revision, the annual pace of growth was the slowest seen since the September quarter of 2012.

 

Short URL : http://goo.gl/8ZI7Xv

You can also read ...

Big Data, Online Markets Can Lead to Higher Prices
Information technology is not just transforming markets; it is...
Italy could set the stage for the bloc’s next crisis if it delivers on its tax-cutting and high-spending policies.
Capital investment in 24 of the EU’s 28 member states has...
Air India Sale Hangs in Balance
Uncertainty hangs over the Indian government's plans to sell...
Liu He (L) and Steven Mnuchin after the joint statement to avoid a trade war.
With "minutes to midnight", the great US-China trade war...
A meeting of eurozone finance ministers is set for June 21.
Greece’s creditors have agreed a program of reforms as the...
Bangla Trade Deficit Doubles
Bangladesh’s trade deficit has almost doubled within 12 months...
Egypt Gets Bids for Power Plant
Egypt next week will announce the winning consortium to build...
Cumulative gross financing needs could amount  to $69.3 billion for 2018 for the six-nation group.
While public debt levels remain at manageable levels for most...

Trending

Googleplus