Leadership
Europe: Stoxx 600 treads water at start of data-intensive week; Germany stocks notch record close
EUROPEAN shares were little changed on Monday, as investors analysed economic data for clues on the European Central bank’s policy trajectory, while Germany’s DAX index hit a record close, even as populist...
TotalEnergies deepens ties with India’s Adani Green with US$444 million JV
PLANS for French oil major TotalEnergies to form a new joint venture with India’s Adani Green Energy took a step forward on Monday (Sep 2), as the Indian company’s...
Volkswagen weighs first-ever Germany plant closures to cut costs
Volkswagen (VW) is considering unprecedented factory closures in Germany in a bid for deeper cutbacks, delivering another blow to Chancellor Olaf Scholz’s government.The potential measures, targeting its main passenger...
‘Stars are aligning’ for UK property stocks, Morgan Stanley says
BRITISH real estate stocks could be flipping the script on a “lost decade,” according to Morgan Stanley analysts, who have the UK as their preferred region in the European...
Malaysia’s Kenanga Investment Bank invests US$5.2 million in Singapore fintech Helicap
The investment is part of Helicap’s Series B funding round and represents an 8% stake in the fintechMALAYSIA-BASED Kenanga Investment Bank on Monday (Sep 2) announced it has invested...
10-year average return on latest Singapore Savings Bond falls to 2.77%
The 10-year average return for the October tranch is lower than that for September, which was 3.1%SINGAPORE Savings Bond (SSB) yields continued to fall in the latest tranche, ahead...
ByteDance eyes US$9.5 billion in record Asia dollar corporate loan
ByteDance, the Chinese owner of TikTok, is tapping banks for a US$9.5 billion loan that would be the biggest dollar-denominated corporate facility in Asia ex-Japan, according to people familiar...
Apple set for music, TV streaming fight in India after Airtel deal
APPLE’S partnership with India’s second-biggest telecoms firm will give the iPhone maker a sorely needed boost in a content market where it lags far behind the likes of Spotify...
