Germany

Defence shares fall as Germany plans to rein in Ukraine spending - THE EDGE SINGAPORE

Global stocks

Germany refutes report that it will stop additional aid to Ukraine

European defence stocks slid on Monday after a report claimed that Germany will no longer grant new requests for aid to Ukraine.
Shell sees up to US$2 bil writedown after biofuels delay - THE EDGE SINGAPORE

Energy

Shell sees up to US$2 bil writedown after biofuels delay

Shell says it remains committed to achieving net zero emissions by 2050, albeit in a 'measured and disciplined way.'

Electric vehicles

China floats perks for German carmakers in bid to stop EV levies

China floated lowering its existing tariffs on large-engine cars in return for scrapping planned EV levies on imports.

Global Markets

Europe in the crosshairs

It always pays to buy when no one is interested. And it is better to be on the ground to do some good homework
Cromwell European REIT completes acquisition of 11 new assets partly funded by private placement proceeds - THE EDGE SINGAPORE

REITs

Cromwell European REIT completes acquisition of 11 new assets partly funded by private placement proceeds

The acquisition cost totalled 110.8 mil euros ($177.64 mil).

Covid-19

Could this German company have the solution to sub-zero Covid-19 vaccine storage?

The need to store the vaccines at sub-zero temperatures has proven a challenge for potential vaccine distribution.
Singapore and Germany to establish Reciprocal Green Lane - THE EDGE SINGAPORE

Singapore economy

Singapore and Germany to establish Reciprocal Green Lane

Singapore and Germany have agreed on the establishment of a Reciprocal Green Lane (RGL) on Oct 23.
Singapore, Germany sign MOU to speed up SMEs' industrial and digital transformation - THE EDGE SINGAPORE

Disruption and Digitalisation

Singapore, Germany sign MOU to speed up SMEs' industrial and digital transformation

Germany ranks among Singapore’s top trading partners in the European Union.

Broker's Calls

Global gold ETF holdings now second behind US bullion reserves

Global gold ETF holdings eclipsed German gold reserves on Monday as investors seek safety from Covid-19.

M&A

Cromwell European REIT to acquire 3 freehold assets in Germany for $57 mil

SINGAPORE (Dec 20): Cromwell European REIT (CEREIT) is acquiring a portfolio of three light industrial and logistics assets in Germany for a purchase consideration of €38.0 million ($57.0 million), the group reported in a bourse filing on Friday. 
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