Singapore sounds an early economic warning for Japan

Economic news out of Singapore rarely drives decision-making in Japan. Unless, of course, we’re talking about a sudden 8.5% plunge in exports that spooks Tokyo’s policymakers. The worry is the predictive quality that often comes with U-turns in Singapore’s terms of trade. Japan’s nearly US$5 trillion, trade-reliant economy doesn’t turn on a dime. Singapore’s smaller $350 […]