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Private-sector sluggishness stokes fears of stagnation

May's Nikkei Singapore PMI was at 50.1, after April's deterioration at 49.4

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Private-sector business conditions in Singapore did not improve much in May after they deteriorated in April, evoking fears among some economists of stagnating growth.

Singapore

PRIVATE-SECTOR business conditions in Singapore did not improve much in May after they deteriorated in April, evoking fears among some economists of stagnating growth.

The Nikkei Singapore purchasing managers' index (PMI) for May was at 50.1, said Markit, a financial

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