Conflict in Ukraine wreaks havoc on Asia-Pacific markets
ASEAN – According to debt monitor Moody’s Investors Service, the Asia-Pacific region, including the Philippines, would undoubtedly feel the effect of rising tensions and Russia’s threat of invading Ukraine via global price shocks and trade disruption (Feb. 23). Moody’s managing director Michael Taylor said in a statement that the Asia-Pacific economies they monitor had “little direct exposure to Russian or …