Business
CATL’s 1.8-billion euro German plant boosts China’s invest-abroad bet
[SINGAPORE/BERLIN] More than two years ago on the outskirts of a medieval German town, China’s biggest EV battery company placed a…
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Euro
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Ferrari unveils 400,000 euro hybrid supercars for collectors
[Maranello, Italy] Ferrari unveiled new special editions of its best-selling sports car, the 296, in a bid to extend the life of the model…
Business
Stoneweg European Reit Q1 DPU falls 3.7% to 3.374 euro cents
The distribution per unit (DPU) of Stoneweg European Real Estate Investment Trust (SERT) declined 3.7 per cent to 3.374 euro cents for the…
Business
US asset sell-off hammers greenback against safe-haven currencies, euro
THE US dollar dropped versus safe-haven currencies and the euro on Wednesday (Apr 9) as investors worried about the economic impact of US…
Business
OCBC prices 500 million euro bonds due 2028 at 2.481%
OCBC said on Thursday (Apr 3) that it has priced 500 million euros (S$733.8 million) in fixed-rate covered bonds due 2028. The covered…
Business
Defence contractor sold for 1 euro is one of Europe’s hottest stocks
A 1 euro bet on a struggling Austrian engine maker has turned into one of the hottest investments in Europe thanks to the boom in defence…
Business
Ireit Global’s H2 DPU stays at 0.94 euro cent
IREIT Global posted a distribution per unit (DPU) of 0.94 euro cent for the second half of financial year 2024 ended December, unchanged…
News
1,000 Bulgarian nationalists protest against government plans to adopt euro currency
SOFIA, Bulgaria (AP) — Police in Bulgaria’s capital clashed with nationalist protesters Saturday who demanded that the government scrap…
Business
Italy investigates Amazon over alleged 1.2 billion euro tax evasion
ITALIAN prosecutors are investigating e-commerce giant Amazon and three of its executives over alleged tax evasion worth 1.2 billion euros…
Business
23 years into euro era, Germans still handing in old Deutschmarks
Almost a quarter of a century after the introduction of the euro, Germans are still exchanging massive sums of their former currency,…
Business
Italy’s UniCredit offers to buy Banco BPM for 10.1 billion euro
ITALIAN lender UniCredit said on Monday (Nov 25) it had offered to buy rival Banco BPM in a roughly 10.1 billion euro (S$14.2 billion)…
Business
Dollar climbs, euro weakens to two-year low after PMI data
THE euro slumped to a two-year low while the dollar gained on Friday (Nov 22) after gauges of business activity were released in each…
Business
US dollar roars with Bitcoin as Trump trades shine; euro and yuan slump
THE US dollar rose to a four-month peak versus major peers on Tuesday (Nov 12), while Bitcoin extended its record rally as investors…
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Euro nudges higher; China stimulus boosts Aussie and kiwi
THE euro strengthened on Monday (Sep 30) after German inflation data, while commodity currencies rose on hopes for a turnaround in China’s…