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Vietnam exports fall as coffee sales drop

Bloomberg Vietnam’s exports dropped 0.8% in October compared to the prior year far below expectations for 10% growth in a Bloomberg survey of economists as shipments of phones, crude oil and coffee fell, according to data from the General Statistics Office in Hanoi. Overseas coffee sales in October were 100,000 tons, down 27% from a year ago, as farmers held ...

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China’s slowdown rolls on into October, early indicators show

Bloomberg China’s third-quarter slowdown continued into October, with only a few signs of stabilisation evident amid the weakest pace of expansion in almost thirty years. Bloomberg Economics’ gauge aggregating the earliest available indicators from financial markets and businesses showed the economy cooling for a sixth month, with indicators for trade, factory prices, iron ore and copper all worsening. Easing tensions ...

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Singapore’s labour market is showing strain as economy slows

Bloomberg Singapore’s resilient labour market is starting to come under strain as the trade-reliant economy struggles in the face of global pressures. Retrenchments are rising, companies are more cautious raising wages, and it’s getting harder for those who lose their jobs to find new work. While the central bank is optimistic of some recovery in the economy in upcoming quarters, ...

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