SINGAPORE (Nikkei Markets) -- Singapore's factories performed better than expected in February but the data drew mixed views on the outlook, tempered by the likelihood of trade-related tensions and the dominance of semiconductors.
According to the Economic Development Board, production from factories and shipyards in the city-state increased 8.9% year-on-year in February, beating the consensus estimate for growth of 4.2%. The gain was slower than January's expansion of 16.9%, a downward revision from 17.9% earlier.
