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INDIKA ENERGY EYES US$2 BILLION EV JV WITH FOXCONN

Indonesia’s PT Indika Energy is considering jointly investing US$2 billion with Taiwan-based Foxconn on electric vehicle…

DBS LAUNCHES A NET-ZERO 4-STOREY BUILDING

DBS officially opened its refurbished DBS Newton Green, Singapore’s first net-zero building by a bank. A…

BANK INDONESIA SELLS BONDS TO TIGHTEN LIQUIDITY

Bank Indonesia is selling government bond holdings in the secondary market, ratcheting up its efforts to…

WHY DID THE EURO TUMBLE VS THE USD?

As the US economy went into meltdown during the 2008 global financial crisis, one euro was…

CENTRAL BANKS IN ASIA TIGHTEN POLICY TO FEND OFF INFLATION

Moves come after interest rate hikes by South Korea and New Zealand a day earlier. Singapore…

TOP GLOVE STOCK’ PRECIPITOUS RISE & FALL

For a moment, Lim Wee Chai’s ascent looked unstoppable. His Top Glove Corp. grew bigger than…

EURO FALLS BELOW $1 – 1ST TIME SINCE 2002

The European Union’s single currency dips to $0.9998 after official data shows a surge in US…

THE IMPACT OF EURO’S LOSS OF VALUE?

By Thomas O Falk Experts identify two main reasons why the euro has lost value and the…

TEMASEK’S PORTFOLIO NET VALUE CROSSES US$286 BILLION

Temasek Holdings on Tuesday (Jul 12) reported a record net portfolio value that crossed S$400 billion for…

EURO NEARS USD PARITY AS GBP HITS 2-YR LOW

Europe’s single currency battered by fears over gas supply from Russia and US interest rate rises…