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Services lift July PMI, but mask sustained manufacturing blues

Economy-wide Nikkei index up slightly at 51.3; rate of improvement seen as modest

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Singapore firms showed a further improvement in overall business conditions in July, according to the Nikkei Singapore purchasing managers' index (PMI) released on Wednesday.

Singapore

SINGAPORE firms showed a further improvement in overall business conditions in July, according to the Nikkei Singapore purchasing managers' index (PMI) released on Wednesday.

The headline PMI rose slightly to 51.3 in July from June's 51.1, marking the second successive