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Singapore Quarterly GDP Contraction Bad Omen for Asia

July 13, 2012

Singapore's trade-dependent economy contracted 1.1 percent in the second quarter on an annualized and seasonally adjusted basis — the latest sign that weakness in Europe and the United States has begun to affect Asia.

Source: http://www.cnbc.com/id/48170287?__source=RSS*tag*&par=RSS
 
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