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.

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.

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.

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.

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.

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
Swift logo

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.

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.

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.
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