Developed markets into sustained expansion: BlackRock
Singapore
DEVELOPED economies are cruising at slightly above trend rates since the Great Financial Crisis of 2009, helped by subdued financial market volatility, fading fears of deflation and fewer near-term political risks.
The low financial market volatility, characterised by recessions and financial crises, does not necessarily signal that markets are complacent.
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Koh Brothers Eco Engineering faces up to S$57.6 million in potential legal liabilities
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
DayOne secures S$530 million green loan from DBS, OCBC and UOB for Singapore data centre