news 2 months ago

Singapore GDP Growth Eases as Trade Risks Mount

Jul.12 -- Singapore’s economy expanded at a slower pace than forecast in the second quarter, clouding the outlook for the export-reliant city state at a time when global trade risks are rising. Separately, the country's sovereign wealth fund GIC warned that its investment returns will be lower in coming years. Bloomberg's Stephanie Phang reports on "Bloomberg Daybreak: Asia."