Market Watch

Expect markets to remain volatile amid Ukraine developments

While the Ukraine crisis plays out in the headlines, concerns over inflation and higher interest rates remain very much alive in the background. PHOTO: AFP
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SINGAPORE - The intensifying war in Ukraine continued to send jitters through the markets, sending stocks on a wild ride.

With Russia escalating its military action, including shelling a Ukrainian nuclear energy facility, the stakes have risen even higher and sentiment remains extremely shaky. Many Europeans still recall the Chernobyl fire 40 years ago when radioactive fumes enveloped parts of Europe.

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