SINGAPORE (July 9): “Truth will be out” - William Shakespeare, The Merchant of Venice (1596). Najib Razak, the former prime minister of Malaysia, has been arrested and charged with corruption and criminal breach of trust. He is slated to stand trial in February next year.

Here are 5 things you need to know this week:


1 The Monetary Authority of Singapore warns that the global economy might suffer if trade tensions continue. “The world has clearly moved from trade tension to trade conflict,” MAS managing director Ravi Menon said on July 4.  

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