Real Estate
BMW cancels 2 billion euros battery cells contract with Northvolt
German premium carmaker BMW said on Thursday (Jun 20) it had cancelled a two billion euros (S$2.9 billion) order for battery cells for its electric vehicles with Northvolt.
German media,...
Dollar rises, pound, Swiss franc drop on busy central bank day
The dollar climbed on Thursday (Jun 20), while the Swiss franc and the pound dropped as a busy day of central bank meetings kept currency traders alert.The dollar index,...
🚽 A guide to not crying in the office toilet: Regulating emotions at work
💢 Emotional outbursts happenAt what was supposed to be a mundane weekly meeting, a friend of mine got so worked up over a passing comment from his boss that...
Swiss financial regulations not yet tough enough post-Credit Suisse, central bank says
SWITZERLAND’S financial regulations need further strengthening following the takeover of Credit Suisse by UBS, the Swiss National Bank (SNB) said on Thursday (Jun 20), pressing for more to be...
Rupee hits record low, hurt by likely outflows, importer dollar demand
A broadly stronger dollar, along with weakness in the Chinese yuan, also pressured the Indian currency The Indian rupee fell to a record low on Thursday (Jun 20), pressured...
Bank of Japan warns of potential hit to lenders from rising rates
Japanese financial institutions’ profitability has decreased significantly in the past 25 years, making them vulnerable to potential losses from any sharp rises in interest rates, the central bank said...
Singapore startup Carro first to tap US$1 billion HSBC Asean Growth Fund
The S$75 million multi-currency loan diversifies Carro’s funding channel, particularly in Malaysia SINGAPORE startup Carro announced on Thursday (Jun 20) that it signed a S$75 million multi-currency loan with...
Guzman Y Gomez shares jump 37% in biggest Australian IPO this year
MEXICAN food chain Guzman Y Gomez served up Australia’s best initial public offering debut in three years with its shares leaping more than one-third on their first trading day...
