Singapore Slumps Into Recession With Record 41.2% GDP Plunge

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Jul 14 2020, 5:31 AMJul 14 2020, 6:07 AMJuly 14 2020, 5:31 AMJuly 14 2020, 6:07 AM

(Bloomberg) -- Singapore’s economy plunged into recession last quarter as an extended lockdown shuttered businesses and decimated retail spending.