SGX needs companies, new listings relevant to global investors for its next phase of growth

[SINGAPORE] US Vice-president JD Vance surprised nobody when he said over the weekend that a peace deal with Iran had not been reached.

While oil prices fell and stocks rallied last week after US President Donald Trump abruptly pulled back from his threat to destroy Iran’s “civilisation”, many market watchers were sceptical that the core strategic interests of the warring parties could be bridged through negotiations alone.

Whatever happens next, investors should probably tread cautiously. Even if hostilities do not immediately resume, the fuel and fertiliser supply disruption that has already taken place may adversely impact global economic activity, inflation and corporate profitability for some time.