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[RealEdge] ST : Second-quarter growth falls sharply to 1.9%

Singapore Property News (Free subscription) | 07/11/2008

... Song Seng Wun has cut his 2008 growth forecast from 5.7 per cent to 4.6 per cent. Hong Kong-based Sun Mingchun of Lehman Brothers said: 'We expect GDP growth to slow sharply to 4.3 per cent in 2008 from 7.7 per cent in 2007.' Standard Chartered's Alvin Liew, who had earlier predicted growth of 4.5 per cent, has slashed his forecast to just 3.5 per cent. There may not be much help coming...

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China export growth slows in June

International Herald Tribune (Free subscription) | 07/10/2008

... currency gains hurt exporters already squeezed by raw-material and labor costs and taxes," said Sun Mingchun, an economist at Lehman Brothers Holdings in Hong Kong."The government needs to sustain growth and create jobs - it's an issue of social stability."Today in Business with Reuters He expects the yuan's appreciation versus the dollar to slow to 2 percent for the rest of the year after...