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Oct business conditions stagnate; weak outlook across economy

Nikkei's multi-sector PMI at slowest pace in six months

An electronic stock quotation board is seen on the side of a building in the financial district in Singapore, on Friday, Oct. 10, 2008.


EXPANSION of business activities in Singapore almost ground to a halt in October as new business orders and employment fell, with observers noting that a weakening outlook pervades the whole economy now.

The latest Nikkei Singapore Purchasing Managers' Index (PMI), which