Thursday , 29 January 2026

Recent Posts

SNB rewinds currency clock as franc nears old line in sand

Bloomberg The franc is within striking distance of what was once one of the most heavily defended boundaries in global markets. Having touched a three-year low of 1.19 per euro on Tuesday, the franc is now less than a centime away of the 1.20 mark at which the Swiss National Bank had its minimum exchange rate until early 2015 — …

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Ikea prepares for future of mega cities, ‘thin wallets’

Bloomberg Ikea Group, the world’s largest furniture retailer, is getting ready for a future where people have little to spare: both in their wallets and in terms of space. The Swedish furniture giant is now abandoning its custom of planning five to 10 years ahead, setting a new three-year approach to keep pace with a rapidly transforming society. The strategy …

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Singapore’s Temasek interested in buying into Hong Kong Airlines

SINGAPORE / Reuters Singapore state investor Temasek Holdings has expressed interest in buying into Chinese conglomerate HNA’s Hong Kong-based carriers, Hong Kong Airlines and Hong Kong Express Airways, according to a source familiar with the matter. However, an investment in the unlisted Hong Kong carriers by Temasek remains subject to a due diligence process that has yet to begin, said …

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