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The Straits Times Index retreats a bit from 2012 highs after Singapore last night reported an...
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Monday, December 17, 2012, 3:21 PM ETThe Straits Times Index retreats a bit from 2012 highs after Singapore last night reported an unexpected 2.5% Y/Y decline in exports in November. Hopes for the trade-dependent nation had been for a 1.7% increase. "The demand for electronic goods ... especially in the U.S. has been dropping away faster than we've been looking for," says an analyst. EWS +27.8% YTD.
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