SINGAPORE, May 2 (Reuters) - Manufacturing activity in Singapore slackened last month as the export-dependent factories reported slower growth in new orders, an industry survey showed on Thursday, in yet another sign the global economic recovery is losing steam.
The Purchasing Managers' index (PMI) dipped to 50.3 points in April from 50.6 points in March, the Singapore Institute of Purchasing & Materials Management (SIPMM). The index, however, stayed above the key 50-point level that separates expansion from contraction for a second straight month. Full story
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Singapore PMI weakens in April as orders slow - Dailytimes.com.pk
