Posts by Stephanie Irvin
Singapore’s financials and real estate employers take cautious stance on hiring: survey
EMPLOYERS, especially those in the financials and real estate sector, are choosing to stay cautiously optimistic as Singapore’s economy gains momentum. Hiring sentiment in Singapore remains relatively stable, with employers reporting a strong outlook for staffing levels in the first quarter of 2025, according to the latest ManpowerGroup Employment Outlook Survey which covered 42 countries.…
Read MoreHan Kwee Juan to replace Tan Su Shan as DBS’ head of institutional banking
DBS announced on Monday (Dec 9) that it has appointed Han Kwee Juan as head of institutional banking with effect from Jan 1, 2025. He will succeed deputy CEO Tan Su Shan who currently holds the position. Tan is set to take over from Piyush Gupta as CEO when he retires in March. Han was…
Read MoreVolkswagen faces more costly walkouts as union talks enter fourth round
VOLKSWAGEN (VW) workers are poised to walk off their jobs for a second time this month on Monday (Dec 9) as management and labour leaders enter a fourth round of talks over painful cuts at the carmaker’s namesake brand. The so-called warning strikes are raising pressure on VW to break a stalemate with the powerful…
Read MoreECB to cut rates again amid bleak eurozone outlook
THE European Central Bank (ECB) is expected to cut interest rates again this week amid a darkening outlook, with political turbulence in the eurozone’s two biggest economies adding to the troubled picture. It would be the ECB’s third straight reduction as it increasingly focuses on spurring lending to boost consumer spending and business investment in…
Read MoreNTUC to raise staff retirement and re-employment ages from January 2025
THE National Trades Union Congress (NTUC) will raise the retirement and re-employment age ceilings for all its workers one-and-a-half years ahead of the national schedule, to benefit older employees. From Jan 1, 2025, NTUC will raise the retirement age of its workers to 64 and the re-employment age to 69, it said in a statement…
Read MoreBYD on track to top 2024 sales goal and outsell Ford, Honda
CHINA’S top electric vehicle maker BYD gained market share as the world’s largest auto market recorded its fastest-growing month in 2024, setting BYD up to exceed its global annual sales goal and overtake Ford and Honda. BYD has been on an extraordinary expansion this year, growing capacity and undertaking a massive hiring spree to turbocharge…
Read MoreGold inches higher as traders await US inflation print
GOLD prices inched higher on Monday (Dec 9) as investors awaited US inflation data, set for release this week, for insights into the Federal Reserve’s monetary policy. Spot gold was up 0.1 per cent at US$2,631.60 per ounce, as at 0009 GMT, after hitting a session high at US$2,647.99. US gold futures were steady at…
Read MoreCVC in talks to take German software firm CompuGroup private
CVC Capital Partners is in advanced talks about a deal to take CompuGroup Medical SE & Co KGaA, a German software provider to the healthcare sector, private. Koblenz-based CompuGroup is discussing a potential offer from CVC of 22 euros a share, it said on Sunday (Dec 8). Bloomberg News reported earlier that CVC was exploring…
Read MoreMcDonald’s vs Burger King: Price Comparison
In this article, we will compare the prices at McDonald’s and Burger King. We will look at how each restaurant sets its prices, what menu items cost, and which place offers better deals. Our goal is to help you find out whether McDonald’s or Burger King is cheaper when you want to grab a meal.…
Read MoreTrump EV scepticism threatens US$54 billion in South Korean investments
SOUTH Korean companies are reconsidering their US$54 billion investment blitz to build electric vehicle (EV) battery plants in the US over concerns president-elect Donald Trump could undo tax credits for EVs. Some Korean companies have slowed or hit the pause button on any ongoing construction of some plants because they are concerned about reduced demand…
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