Culture
Nine Volkswagen plants on strike as worker rift with management deepens
WORKERS at nine Volkswagen car and component plants across Germany started two-hour strikes on Monday (Dec 2), bringing assembly lines to…
Kim Browne
As an editor at VanityFair Fashion, I specialize in exploring Lifestyle success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.
Culture
ESR-Logos Reit to be renamed ESR Reit
ESR-LOGOS Real Estate Investment Trust (ESR-Logos Reit) will be renamed ESR Reit from Dec 4 onwards. The registered name of the manager…
Culture
HSBC starts search for next chairman: report
HSBC’s board has appointed headhunters to start the recruitment of its next chairman, Sky News reported on Saturday (Nov 30), with…
Culture
SingPost to divest Australia business at A$1 billion enterprise value
SINGAPORE Post (SingPost) has entered into a share purchase agreement to divest its Australian business at an enterprise value of A$1…
Culture
SingPost to divest Australia business at A$1 billion enterprise value to private equity fund
The group may consider a special dividend after repaying debt and considering future funding needs SINGAPORE Post (SingPost) has entered…
Culture
BlackRock is near deal to buy private credit manager HPS
BLACKROCK is nearing a deal to buy HPS Investment Partners, a purchase that would vault the firm into the top ranks of private credit as…
Culture
Bangladesh wants to renegotiate Adani power deal unless court cancels
BANGLADESH wants to sharply lower prices under a power purchase deal with India’s embattled Adani Group unless it is cancelled by a court,…
Culture
Nissan CFO set to step down as carmaker faces raft of challenges
NISSAN Motor chief financial officer Stephen Ma is set to step down from his position, sources with knowledge of the matter said, marking…
Culture
Think the stock market boom is too ‘extreme’? Think again
From Sengkang to Sheffield or Seattle, you celebrate above-average, even huge years – like 2024 – more often than down years ARE stocks…
Culture
MAS is right to resist push for even looser leverage requirements for Singapore Reits
A more liberal regulatory stance towards these trusts – including the ones that are here just for the external manager model – may be a…
Culture
Yen hits 6-week high after faster-than-expected inflation support bets for a Dec BOJ rate hike
THE Japanese yen jumped to a six-week high against the dollar on Friday (Nov 29) after faster-than-expected inflation in Tokyo supported…
Culture
Britain’s jobs statistics crisis gives banks a growing headache
Britain’s banks may be putting extra money aside to cover bad loans due to confusion around the country’s faulty labour market data.…
Culture
Adani says his empire will emerge stronger after US bribery case
Indian billionaire Gautam Adani struck a combative tone in his first public remarks since US prosecutors indicted him in a US$250 million…
Culture
European-focused S-Reits broaden their mandate, confident that continent has moved beyond the market trough
MARKET conditions in the European property sector are showing signs of improvement, which is expected to positively impact…
Culture
DBS buys back nearly S$15m of its shares; AGT Partners becomes Oiltek’s substantial shareholder
OVER the five trading sessions from Nov 22 to 28, institutions were net buyers of Singapore stocks, resulting in a net institutional…
Culture
Rush to ‘value up’ may be Asia stocks’ best defence against Trump
A JAPAN-inspired strategy of seeking to boost shareholder returns, corporate governance and market valuations is spreading like a wildfire…
Culture
JPMorgan agrees to drop lawsuit against Tesla over stock warrants
US LENDER JPMorgan Chase agreed on Friday (Nov 29) to drop its lawsuit against Tesla that accused the electric vehicle maker of…
Culture
Major Canadian media sue OpenAI in case potentially worth billions
CANADA’S biggest news organisations on Friday (Nov 29) sued OpenAI, accusing it of using their articles without permission to help train…
Culture
Simon Cheong’s AVJennings attracts S$326 million privatisation offer from US fund
SINGAPORE and Sydney dual-listed property player AVJennings (AVJ), which is controlled by real estate tycoon Simon Cheong, is set to be…
Culture
Dollar sees biggest weekly drop in a year as Trump trade stalls
THE US dollar is heading for the biggest weekly loss in a year, pulling back from the sharp run up fueled by speculation that Donald…
Culture
Gold braces for worst month in over a year on Trump-driven sell-off
GOLD prices gained on Friday (Nov 29), boosted by a drop in dollar and persistent geopolitical tensions, but bullion was still set for its…
Culture
Europe: Tech surge propels Stoxx 600 to near one-week high
EUROPE’S Stoxx 600 ended the week on a high note, bolstered by a rally in tech stocks, while investors analysed the euro zone inflation…
Culture
A vintage year for US stock markets that few people expected
A YEAR ago, equity investors and strategists braced for a potentially turbulent 2024, worrying about the risk of a hard landing for the US…
Culture
UK government to review the BBC’s long-term funding
BRITAIN plans to review long-term funding for the BBC, the national broadcaster, and find alternatives to the TV licence, as it seeks to…