SUBSCRIBERS
Private-sector sluggishness stokes fears of stagnation
May's Nikkei Singapore PMI was at 50.1, after April's deterioration at 49.4
Published Fri, Jun 3, 2016 · 09:50 PM
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 information services provider which compiled the data, on Friday.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Vietnam tycoon appeals against US$27 billion fraud death sentence
US announces new restrictions on firearm exports
Central banks will probably only cut half as much as they hiked
US consumer sentiment falls as inflation expectations climb
HSBC wins £1.3 billion suit over Disney film finance scandal
WTO countries to reboot dispute reform negotiations