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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?

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To: fut_trade who wrote (1584)11/10/1998 6:44:00 AM
From: fut_trade  Read Replies (1) of 3902
 
Singapore's GDP Again Contracts, Putting the Economy in a Recession

interactive.wsj.com

...Development Bank of Singapore Chief Economist Friedrich Wu said, "I think this is only the beginning of the recession. Look at the construction sector. It's worrying. I think the bearish outlook is quite justified..."

...In addition, Singapore faces the task of competing with cheaper manufacturing exports from the Asian-Pacific region.

"All regional countries are trying to export their way out of a recession," the bank economist said. "Increasingly, Singapore will face third party price competition..."
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