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[GMA News.tv] SINGAPORE - Singapore's economy contracted for a third consecutive quarter in the October-December period as a global slump hurt demand for the city-state's exports.
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[Belleville News Democrat: Business] Singapore economy shrinks 12.5 pct in 4th quarter - Business ...: Gross domestic product shrank a seasonally adjusted 12.5 percent in the October-December quarter from the previous quarter, the Trade and Industry Ministry said in a statement Friday. The economy contracted 2.6 percent in the fourth quarter from the same period a year earlier, the ministry said.
[VIPK Blog] Singapore economy shrinks 12.5 pct in 4th quarter (AP): AP - Singapore's economy contracted for a third consecutive quarter in the October-December period as a global slump hurt demand for the city-state's exports.
[AP - Markets] RealClearMarkets - AP - Markets - Jan 02, 2009 - Singapore economy ...: Singapore is one of the first economies in Asia to release growth figures for the fourth quarter, providing an early sign of how badly the export-dependent region was hit by the global downturn in the closing months of 2008.
[Forex Blog] Forex Blog » Singapore economy shrinks 12.5 pct in 4th quarter (AP): AP - Singapore’s frugalness shrunken for a ordinal serial lodge in the October-December punctuation as a orbicular give perceive obligation for the city-state’s exports.
[LatestNews-Home- Livemint.com] China, India, Russia factories slash output, jobs - Home ...: South Korea warned exporters 2009 would be tougher than last year, and Singapore said its export-dependent economy may shrink 2% next year. Citigroup said the city states economy, a bellwether for global trade, would shrink 2.8%, the steepest in its history.
[Associated Press News - Salon.com] Asian stock markets open 2009 mostly higher - Salon.com: Singapore's Straits Times benchmark climbed 2 percent as investors shrugged of news that the city-state's economy contracted for a third consecutive quarter in the October-December period amid slowing demand for exports.
[industryplant.net] ECONOMY ON EDGE: Signaling possible recession, US economy shrinks ...: A day after the Federal Reserve slashed a lock opener interest rate to battle an economic downturn, the government reported today the economy did shrink in the summer, sending the strongest signal yet that a recession may have already begun.
[Financial News] Factories slash output and jobs in big emerging markets (Reuters ...: said it's export-dependent economy may shrink 2 percent next year. Citigroup said the city state's economy, a bellwether for global trade, would shrink 2.8 percent, the steepest in its history.
[Untitled] Economy shrinks as consumers cut back on spending | Latest ...: Meanwhile, the Labor Department reported Thursday that applications for unemployment benefits remained at an elevated level last week, another sign of the economy’s struggles. The number of laid-off workers filing new claims totaled 479,000, the same as the previous week, disappointing analysts who had expected a small drop.
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