Russia-Ukraine conflict

Singapore news

Russian goods find their way to Singapore as war fatigue sets in

Heavily discounted Russian-made goods, from hair products to chocolate, are finding their way onto Singapore’s e-supermarkets.

Russia-Ukraine crisis

Russia resumes Ukraine grain-export deal in abrupt reversal

Chicago wheat futures were down 6.7% as of 2.10 pm London time, the most since March.

Oil & Gas

Russia may step up fuel exports to Asia as EU curbs tighten

More Russian-made naphtha is likely to head into hubs such as Singapore and Fujairah from February when EU sanctions kick in.
Time for the West to cooperate with the rest? - THE EDGE SINGAPORE

Geopolitics

Time for the West to cooperate with the rest?

Kishore Mahbubani says that China’s position on the war in Ukraine could be “in harmony” with the rest of the world.

Global Economy

Russia defaults on foreign debt for first time since 1918

But given the damage already done to the economy and markets, the default is also mostly symbolic for now.

Broker's Calls

Food Empire is expected to power through the ongoing Russia-Ukraine crisis

Food Empire might see a challenge in Ukraine and Russia, but it's boom in Southeast Asia is expected to carry the group.
Easing of restrictions brings cheer to economy but rising inflation remains a challenge - THE EDGE SINGAPORE

Singapore economy

Easing of restrictions brings cheer to economy but rising inflation remains a challenge

MAS is maintaining its forecast for Singapore’s GDP growth at 3% to 5% this year, barring an escalation in tensions between Russia

Asean

Growth in Asean, China, Japan and Korea expected to moderate to 4.7% in 2022: AMRO

Asean + 3 nations – along with several countries globally – are now confronted with a major challenge: soaring inflation levels.

China Focus

Swift action delivers trade uncertainty

The use of very crude sanctions and Swift as a weapon has opened a Pandora’s box of collateral damage.

Russia-Ukraine crisis

US, EU to hit Russian investments with new round of sanctions

The governments plan to increase penalties on Russian financial institutions and state-owned enterprises.
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