Daily Debrief: What Happened Today
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Oil, gold prices shoot up as Russia-Ukraine standoff deepens
THE deepening crisis between Russia, an energy and metals powerhouse, and Ukraine has added fuel to the fire in a tight commodities market.
Markets brace for headwinds, inflationary shocks as Ukraine-Russia crisis looms EQUITY markets will not escape from the tensions building in Ukraine, and investors should brace themselves for rude shocks in the form of inflation spikes and increased volatility.
Listcos with diverse leadership are more profitable, NUS study finds THERE was an uptick in the number of top 100 Singapore-listed companies by market capitalisation with all-male boards last year, from 18 companies in December 2020 to 21 by June 2021, and these companies might want to rethink their leadership policy.
Q Investment Partners announces £40m exit deal for Edinburgh projects PRIVATE equity (PE) real estate firm Q Investment Partners (QIP) on Tuesday (Feb 22) announced its exit from 2 purpose-built student accommodation (PBSA) projects in Edinburgh, UK.
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Better Bite launches US$15m fund to back alternative protein startups NEWLY-ESTABLISHED venture capital firm Better Bite Ventures has set up a US$15 million fund to invest in early-stage Asia-Pacific startups developing alternative proteins.
Corporate Earnings
- CDLHT in £24.1m deal for 4-star hotel in Manchester, UK
- Great Eastern Q4 profit falls 33% but posts full-year increase
The STI today
Singapore stocks hit 1-week low on Ukraine developments; STI down 1.1%
SINGAPORE stocks ended the day lower on Monday (Feb 21) amid escalating tensions between Russia and Ukraine.
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