Market Chatter: Singapore Prime Minister Warns Middle East Conflict Will Fuel Inflation, Slow Singapore's Growth in H2

MT Newswires06-09

Singapore is bracing for slower economic growth and higher inflation in the second half of the year as the ongoing Middle East conflict threatens to disrupt global trade, Bloomberg News reported Monday, citing statements made by Prime Minister Lawrence Wong.

Speaking at a Singapore Press Club event, Wong noted that while the global economy has tapped into alternative oil supplies and existing inventories, these buffers are depleting, the report said.

"There's a lag," Wong reportedly said, adding, "There are downside risks, and we do expect more pressures to come on both growth and inflation in the second half of the year."

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2642389458?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-09 08:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2642389458","market":"sg","top_or_hot":-1,"title":"Market Chatter: Singapore Prime Minister Warns Middle East Conflict Will Fuel Inflation, Slow Singapore's Growth in H2","media":"MT Newswires","content":"<html><body><p> Singapore is bracing for slower economic growth and higher inflation in the second half of the year as the ongoing Middle East conflict threatens to disrupt global trade, Bloomberg News reported Monday, citing statements made by Prime Minister Lawrence Wong.</p><p>Speaking at a Singapore Press Club event, Wong noted that while the global economy has tapped into alternative oil supplies and existing inventories, these buffers are depleting, the report said.</p><p>\"There's a lag,\" Wong reportedly said, adding, \"There are downside risks, and we do expect more pressures to come on both growth and inflation in the second half of the year.\"</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: Singapore Prime Minister Warns Middle East Conflict Will Fuel Inflation, Slow Singapore's Growth in H2</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: Singapore Prime Minister Warns Middle East Conflict Will Fuel Inflation, Slow Singapore's Growth in H2\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1060499803\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires </p>\n<p class=\"h-time\">2026-06-09 08:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Singapore is bracing for slower economic growth and higher inflation in the second half of the year as the ongoing Middle East conflict threatens to disrupt global trade, Bloomberg News reported Monday, citing statements made by Prime Minister Lawrence Wong.</p><p>Speaking at a Singapore Press Club event, Wong noted that while the global economy has tapped into alternative oil supplies and existing inventories, these buffers are depleting, the report said.</p><p>\"There's a lag,\" Wong reportedly said, adding, \"There are downside risks, and we do expect more pressures to come on both growth and inflation in the second half of the year.\"</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STI.SI","symbol_name":"富时新加坡海峡指数","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2642389458","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2642389458","pubTimestamp":1780965120,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1060499803","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Singapore is bracing for slower economic growth and higher inflation in the second half of the year as the ongoing Middle East conflict threatens to disrupt global trade, Bloomberg News reported Monday, citing statements made by Prime Minister Lawrence Wong.Speaking at a Singapore Press Club event, Wong noted that while the global economy has tapped into alternative oil supplies and existing inventories, these buffers are depleting, the report said.\"There's a lag,\" Wong reportedly said, adding, \"There are downside risks, and we do expect more pressures to come on both growth and inflation in the second half of the year.\"","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"STI.SI":"富时新加坡海峡指数","GAB.SI":"Amova STI ETF S$A","ES3.SI":"STI ETF","G3B.SI":"Nikko AM STI ETF"},"translate_title":"市场热议：新加坡总理警告中东冲突将加剧通胀，减缓新加坡下半年经济增长","themeId":"b010cf239ffd4765bcd3edd8f767f746","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GAB.SI":0.6,"ES3.SI":0.6,"G3B.SI":0.6,"STI.SI":0.9},"content_text":"Singapore is bracing for slower economic growth and higher inflation in the second half of the year as the ongoing Middle East conflict threatens to disrupt global trade, Bloomberg News reported Monday, citing statements made by Prime Minister Lawrence Wong.Speaking at a Singapore Press Club event, Wong noted that while the global economy has tapped into alternative oil supplies and existing inventories, these buffers are depleting, the report said.\"There's a lag,\" Wong reportedly said, adding, \"There are downside risks, and we do expect more pressures to come on both growth and inflation in the second half of the year.\"(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"economic","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2642389458","isCrawlerRequest":true}