Russia-Ukraine crisis

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.

Geopolitics

The US-led drive to isolate Russia and China is falling short

Senior officials from have been travelling the world to make the case for a tougher economic net around Russia

Commodities

World food prices post biggest decline since 2008 in July

Still, prices remain elevated, putting pressure on low-income households and worsening global hunger.
Singapore seen to tighten Singdollar again 'very soon' as inflationary pressure grows - THE EDGE SINGAPORE

Singapore economy

Singapore seen to tighten Singdollar again 'very soon' as inflationary pressure grows

Instead of adjusting the Singdollar only, the government may have to consider other measures to contain inflation

Russia-Ukraine crisis

Russian Odesa missile strike tests Ukraine grain export deal

Russia attacked Odesa’s sea port with cruise missiles hours after signing a deal to unblock Ukrainian grain exports
Ukraine, Russia reach deal to unblock grain exports stranded by war - THE EDGE SINGAPORE

Russia-Ukraine crisis

Ukraine, Russia reach deal to unblock grain exports stranded by war

The deal could take some pressure off food prices that surged to records levels in recent months

Property

Chip Eng Seng terminates sale contracts with purchasers of units in JV's proposed mixed-use development in Australia

The decision to the terminate the project was due to the "significantly rising" costs due to Covid-19 and the Russo-Ukrainian war.

Russia-Ukraine crisis

Ukraine grain talks with Russia take step forward

Talks over unblocking the ports have been pressing on for months already, and the situation is getting worse.

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.
×