Slowdowns in Europe and the U.S. are starting to be felt in Asia, as Singapore reports Q2 GDP...

|By:, SA News Editor

Slowdowns in Europe and the U.S. are starting to be felt in Asia, as Singapore reports Q2 GDP fell an annualized 7.8% from the previous quarter. Economists had expected growth to be flat. GDP was up 0.5% from the same period last year, vs. consensus of +1%.