Singapore central bank says trade woes spell more uncertainty for global economy

SINGAPORE (Sept 15): Growth in international trade is lagging global income for the first time in decades, spelling more uncertainty for the world economy, Singapore's central bank chief Ravi Menon said on Thursday.

(See also: The closing of the world economy)

"I don't know if it is a short term blip in the data ... or this is indicative of something more structural. And it is particularly of concern to Asia," Menon, who is managing director of the Monetary Authority of Singapore, said at a seminar organised by the Milken Institute in Singapore.

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