SINGAPORE (Nikkei Markets) -- Singapore businesses have turned bearish about prospects, two government surveys showed, with sentiment weakest in the electronics industry amid a turn in the business cycle and concerns about the continuing trade war between the U.S. and China.
The change in outlook comes as Singapore's trade-driven economy shows more evidence of a slowdown. Non-oil exports have fallen for the past two months while bank lending edged lower in December from November.
