Lifestyle
Germany eyes Uniper IPO after historic energy crisis bailout
GERMANY’S government took a first step towards privatising Uniper, the utility it nationalised at the peak of Europe’s energy crisis in 2022 after Russia curbed gas flows to the...
Swiss August gold exports show no supplies to China, for first time in 3½ years
CHINA, the world’s largest gold consumer, refrained from gold imports from Switzerland in August, for the first time since January 2021, customs data from the world’s biggest bullion refining...
OUE Reit prices S$180 million in green notes due 2031 at 3.9%
OUE Real Estate Investment Trust (OUE Reit) has priced S$180 million in fixed-rate green notes due 2031 at 3.9 per cent, the manager said on Thursday (Sep 19).The notes...
Booking.com’s price curbs on hotels may hinder competition: EU top court
ONLINE travel provider Booking.com’s restrictions against hotels offering lower rates on their websites or on rival sites are unnecessary and could reduce competition, the European Union’s top court said...
US dollar slips after Fed; Sterling, Aussie, Norwegian krone outperform
THE US dollar dropped on Thursday (Sep 19) after the Federal Reserve cut its interest rate by 50 basis points and revised its monetary policy outlook, with sterling, the...
India IPO frenzy continues as state power firm’s unit plans 100 billion rupees listing
THE renewable-energy arm of India’s state-run power producer NTPC is seeking to raise as much as 100 billion rupees (S$1.5 billion) in its initial public offering, underscoring how the...
Singapore stocks rise to 2007-level highs, cheered by US rate cut; STI up 1.1%
THE Singapore stock market was buoyant on Thursday (Sep 19) after the US Federal Reserve announced a 50-basis-point cut to the federal funds rate overnight.The Straits Times Index (STI)...
Swiss watch industry warns of weakness even as exports rise
SWISS watchmakers warned of a worsening outlook for the industry, even as exports rose last month on demand for expensive timepieces made of precious metals.
Exports increased 6.9 per cent...
