Iran war unlikely to have prolonged impact on stock markets, analysts say
CNA
Staying invested in the stock market is likely the best strategy for investors amid volatility from the war in the Middle East, analysts said.
SINGAPORE: Staying invested in the stock market is likely the best strategy for investors amid volatility arising from the war in the Middle East, according to analysts.
"Military conflicts generally have a short-lived impact on markets," said Ritesh Ganeriwal, head of investment advisory at Syfe, a digital investment platform.
On average, he said the S&P 500 stock index in the US reaches a bottom in about two weeks, and recovers in about a month.
The Bank of Singapore's investment strategy team holds a similar view.
"History shows that geopolitical events typically do not negatively impact equity prices on a prolonged basis," the team wrote in a report shortly after the war broke out.
One passenger paid just over US$30,000 for a one-way flight for two people and four cats from Singapore to Hong Kong.
The 59-year-old will also be charged with defamation and attempting to promote ill will between racial groups.
Police were alerted to a fight involving the two men along Lorong 16 Geylang at about 8.15am on Monday.
Unrelated trades are not allowed at these spaces as they are meant as an extension of the existing shops’ operations.
As a small and open economy, Singapore is exposed to global energy price shocks, analysts said.
A second repatriation flight from Saudi Arabia is being planned for Mar 12.
From a high of RM3.55 to RM3.10 against the Singapore dollar, the ringgit's rally has been swift – and analysts say it may not be done.
Man behind Quran-stepping video likely convicted for similar acts, may be mentally unwell: Shanmugam
The man is overseas now and the police will interview him when he returns, Home Affairs Minister K Shanmugam says.
Youths are getting radicalised faster and subscribing to a more diverse range of extremist ideologies, the Internal Security Department said.
More than 150 Singaporeans and their dependents touched down on Saturday night (Mar 7) on the first repatriation flight from Muscat, Oman.
The flight is expected to take place between Mar 10 and Mar 12.
University enrolment in Singapore has always closely followed the country's economic priorities, but rapid technological change and an increasingly complex economic landscape have made admissions planning more challenging.
Leader of the House Indranee Rajah defended the government's larger-than-expected budget surplus, saying Singapore's standing as a "beacon of safety" is not by accident.