SINGAPORE: As stagflation concerns mar the outlook for the world’s biggest developed markets, shares in a small Asian city-state have held up surprisingly well this year.
Singapore’s Straits Times Index has eked out gains of about 1% in 2022, the only developed-market gauge in positive territory in dollar terms.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
