Germanys
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Ex-banker And Scholz Ally: Germany’s New Finance Minister
Joerg Kukies, Germany’s new finance minister, is a former investment banker who has long been one of Chancellor Olaf Scholz’s closest advisers, most recently as a state secretary. The German…
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Olaf Scholz: Germany’s Steady Hand Losing Grip On Power
Germany’s Chancellor Olaf Scholz has been dubbed the “Scholzomat” for a dry personal style bordering on the robotic, but also hailed as a safe pair of hands leading a country…
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Germany’s Scholz Tells Trump: ‘We’re Better Off Together’
German Chancellor Olaf Scholz on Wednesday congratulated US presidential election winner Donald Trump and urged continued close trans-Atlantic ties, telling him in English: “We’re better off together”. “Together we can…
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Germany’s Deutsche Bank pumps 51.1 billion rupees into India operations
GERMANY-BASED Deutsche Bank said on Wednesday (Oct 6) that it had infused 51.1 billion rupees (S$807 million) into its Indian operations to fund growth plans. These funds, along with retained…
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How East Germany’s ‘Traffic Light Man’ Became A Beloved Icon
As Germany readies to mark 35 years since the Berlin Wall fell, one symbol of the former communist East has become an icon of reunification, seen by millions every time…
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Germany’s Baerbock Vows ‘Rock-solid’ Ukraine Support As Russia Advances
German Foreign Minister Annalena Baerbock visited Kyiv on Monday to underscore Berlin’s “rock-solid” support for Ukraine whose forces are buckling under a large-scale Russian offensive in the east of the…
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Germany’s Merck open to more M&A for its Life Science division
GERMAN science and technology group Merck is open to more acquisitions for its Life Science business after announcing in May it would buy Mirus Bio for US$600 million, it said…
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Germany’s Oktoberfest Opens Under Tight Security After Attacks
Munich’s Oktoberfest, the world’s biggest beer festival, opened Saturday under heightened security following a string of attacks in Germany attributed to jihadists. “We will make the Oktoberfest as safe as…
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Germany’s slump in EV sales drags on Europe’s auto market
GERMANY, hit by bad economic news in recent weeks, led a drop in European car sales last month as demand for electric vehicles (EVs) cratered. EV deliveries in the region’s…
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Germany’s Scholz Disappointed By Delay To Intel Chip Plant
Chancellor Olaf Scholz voiced disappointment Tuesday after US semiconductor giant Intel delayed plans to build a mega chip-making plant in Germany which had been championed by Berlin. The news also…
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Rise Of Germany’s Far-right AfD Stokes Fears At Concentration Camp Site
The historian running the memorial at Germany’s former Nazi concentration camp Buchenwald is no stranger to hate crime and threats, but he fears more trouble ahead after the far-right AfD’s…
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Election Outcome Highlights Germany’s Ukraine War Problem
Regional elections in Germany have laid bare a swell of opposition to the government’s stance on the conflict in Ukraine at a time when Berlin is already under pressure over…
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Germany’s Far-right AfD Sees Mandate After Maiden Regional Win
Germany’s far-right AfD was Monday celebrating a landmark win in a regional vote, sending a shot across the bows of Chancellor Olaf Scholz’s government a year ahead of national elections.…
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Bjoern Hoecke, Key Leader Of Germany’s Far-right AfD
German far-right politician Bjoern Hoecke, known for his inflammatory rhetoric against immigrants and Islam, on Sunday led the AfD party to its first ever regional election victory. A former high…
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Germany’s struggling economy starts to take toll on its banks
Risk provisioning by the country’s largest lenders rose almost 50% in the first half of the year Germany’s banks are starting to feel the pinch from the stagnating economy. Risk…
