Downside risks remain from Middle East conflict despite AI boom
People ride bikes near the central business district in Singapore. After better-than-expected results in the first half, analysts forecast softer growth for the city-state in the coming quarters. © Reuters
KENTARO TAKEDA
July 14, 2026 09:11 JST
Updated on July 14, 2026 11:30 JST
SINGAPORE — Singapore’s economy grew 5.7% in the April-June period compared to a year earlier, preliminary data showed on Tuesday, slowing from a 6.3% expansion in the first quarter as the impact of the Iran war offset gains from the artificial intelligence boom.