Singapore's economy suffered its biggest contraction in a decade in the fir...
SINGAPORE - Singapore’s economy suffered its biggest contraction in a decade in the first quarter, data showed on Thursday, as the coronavirus pandemic prompted the city-state to cut its full-year GDP forecast and plan for a deep recession.
The economy of the Asian financial and trading hub shrank 2.2% in the first quarter from a year earlier, preliminary readings from the Ministry of Trade and Industry showed. “The COVID-19 outbreak has escalated, and led to a significant deterioration in the economic situation both externally and domestically,” the trade ministry said.
“The extent of the first two months already tells you...how bad it is going to get,” said Selena Ling, head of treasury research and strategy at OCBC Bank.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Surveys show coronavirus pandemic savaging global economySurveys show coronavirus pandemic savaging global economy via MZaharia Follow the latest news on coronavirus with our live blog:
続きを読む »
Texas Lt. Gov. Dan Patrick suggests the elderly should risk their lives to save the economyPatrick claims that the economy collapsing due to the coronavirus would be worse than death.
続きを読む »
Against Coronavirus, the Fed’s Banking Stress Test Doesn’t Look So BadBankers wonder if regulatory stress tests are even worth it this year as the coronavirus pandemic decimates the economy
続きを読む »
'Not unreasonable' for China's economy to shrink 10% in the first quarter, independent survey showsAn early look at Chinese business conditions in March shows little indication the economy has recovered much from the shock of the new coronavirus in the first two months of the year, according to the China Beige Book.
続きを読む »
Guests at Trump National Golf Club disco party get coronavirusCoronavirus: Guests at Trump National Golf Club disco party get coronavirus, including politicians
続きを読む »
UK calls for 250,000 volunteers as virus deaths surgeRoads were much quieter than usual after Britain went into virtual lockdown to try to curb the spread of the coronavirus, but London Underground trains were crammed with people and streets were far from deserted 1/3
続きを読む »