Non-oil domestic exports (NODX) fell 2.3% last month from a year earlier, the trade agency International Enterprise Singapore said in a statement on Monday. "Singapore's exports to China continued to decline, underscoring Singapore's vulnerability to the waning momentum of the Chinese economy," said Weiwen Ng, an economist for ANZ in Singapore. (Reuters file photo)SINGAPORE - Singapore's exports skidded in June as shipments to China and Europe continued to contract, suggesting the trade-reliant economy may need more stimulus to support a fragile recovery in the face of weak global demand and concerns over Brexit. Exports to China, Singapore's top overseas market, fell 9.9% in June from a year earlier. To expand trade, Singapore and Sri Lanka started talks for a free trade pact, including measures to free up trade in goods and services as well as investments, the city-state's trade minister said on Monday.

Source: Bangkok Post July 18, 2016 06:00 UTC