News Headline Summary

Citigroup cuts Singapore 2012 growth forecast to 1.4% from 2.3%

- Cuts Singapore 2013 growth forecast to 2% from 3.2%.

- BofAML also cuts Singapore 2012 growth forecast to 1.4% from 1.9%.
- BofAML also cuts Singapore 2013 growth forecast to 2.5% from 3%.

Analysis details (05:05)

- This follows a similar move by Barclays earlier in the session and follows the weaker than expected Singapore GDP today.

- Three major banks have cut their forecasts for Singapore today.

16 Nov 2012 - 04:10 - Equities - Source: Newswires

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