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Singapore July factory output beats forecasts, technical recession may be averted

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Singapore's factory output fared better than forecast in July, but economists caution it is too early to hail a manufacturing turnaround as the US and China intensify their tariff brinksmanship.

Singapore

SINGAPORE'S factory output fared better than forecast in July, but economists caution it is too early to hail a manufacturing turnaround as the US and China intensify their tariff brinksmanship.

They added that the stronger-than-expected numbers might save Singapore from...