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Germany
Porsche announces production of its millionth 911
SINGAPORE (May 16): Porsche’s one-millionth 911 model has rolled off the production line in Zuffenhausen, Stuttgart, Germany.
May 16, 2017
Currencies
Trump economic adviser bashes Germany on currency: report
WASHINGTON (Feb 1): A top economic adviser to US President Donald Trump bashed Germany for exploiting an undervalued euro to take advantage of its trading partners, the Financial Times reported Tuesday.
February 01, 2017
Chinese investors buy stake in mapping firm HERE
FRANKFURT (Dec 27): Chinese mapping firm NavInfo, internet group Tencent and Singapore's sovereign wealth fund GIC are buying a 10% stake in digital maps company HERE, the latest in a string of Chinese acquisitions in Europe.
December 27, 2016
Singapore overtaken by Hong Kong in IMD World Talent Ranking
SINGAPORE (Nov 29): Singapore has fallen out of its position among the top 10 in the IMD World Talent Ranking 2016. The city state fell five places to 15th place while Hong Kong rose two places to take Singapore’s previous rank at 10th position.
November 29, 2016
Europeans are waiting for these 5 upcoming elections with bated breath
SINGAPORE (Nov 15): Brexit and the US presidential election were inarguably two of the most major global political events of 2016. Yet, they are potentially only the beginning of much more to come.
November 15, 2016
GIC partners GSA to expand German student dorm portfolio
SINGAPORE (Oct 4): Singapore’s sovereign wealth fund GIC is partnering with Global Student Accommodation Group (GSA) to push into the German student accommodation market using a portfolio of close to 1,000 student beds, which GSA acquired in June as the
October 04, 2016
Deutsche Bank calls for reform of global financial messaging system SWIFT
FRANKFURT (Sept 9): Deutsche Bank is calling for a reform of SWIFT, the global financial messaging system which has faced criticism since February's $81 million heist at Bangladesh Bank.
September 09, 2016
Broker's Calls
Time to hit pause on IREIT Global?
SINGAPORE (Aug 12): DBS Vickers Securities is downgrading IREIT Global from “buy” to “hold” with an unchanged price target of 77 cents.
August 12, 2016
ST Aerospace wins $770 mil in contracts; incorporates German subsidiary for component manufacturing
SINGAPORE (July 12): ST Engineering’s aerospace arm, ST Aerospace, has won $770 million worth of contracts in the second quarter.
July 12, 2016