Moody's: Supply strains will worsen for APAC companies amid energy and raw material cost pressures
|In its latest report published on Wednesday, Moody’s Investors Service warned that supply strains will worsen for APAC companies amid the energy and raw material cost pressures.
Additional takeaways
Russia-Ukraine crisis and ongoing pandemic will delay supply-side recovery, with all APAC corporate sectors exposed to related cost risks.
All corporate sectors in the region will be exposed to cost risks from supply-side pressures to varying degrees through at least the end of this year.
In addition, pandemic-related mobility restrictions remain strict in parts of the region and are creating new uncertainties.
Market reaction
The worsening Russia-Ukraine crisis is weighing heavily on the market sentiment, with the Asian equities incurring moderate losses while the S&P 500 futures drop 0.09% on the day.
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