Singapore's economy, already in recession, shrank 4.2 per cent in the fourth quarter of 2008 from a year earlier, with overall annual growth coming in at 1.1 per cent, the government said on Thursday. The Ministry of Trade and Industry (MTI) said it was maintaining its 2009 forecast of a shrinkage in gross domestic product (GDP) of between 2.0 and 5.0 per cent. On a seasonally adjusted annualised...