Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept cookies
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Israel-Hamas war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    Most Read
    • Argentina’s Javier Milei unveils sweeping decree to deregulate the economy
    • Uefa and Fifa lose Super League football case
    • Angola quits Opec after clashes with Saudi Arabia
    • Sliding Beijing home prices spur alarm in China’s property sector
    • Rudy Giuliani files for bankruptcy after $148mn defamation judgment
  • UK
    Sections
    • UK Home
    • UK Economy
    • UK Politics
    • Brexit
    • UK Companies
    • Personal Finance
    Most Read
    • UK house prices fall at fastest pace in more than a decade
    • ‘Network North’ HS2 savings spent on London pothole repair
    • Bank of England takes heat for hawkish stance as UK inflation cools
    • UK public borrowing higher than expected in November
    • UK government reduces salary threshold for spousal visas after backlash
  • Companies
    Sections
    • Companies Home
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • How will professional services handle the Great Stagnation?
    • Failed Warburg Pincus talks reveal scale of BlackRock’s private equity ambitions
    • Barclays agrees deal to stay at London’s Canary Wharf until 2039
    • Paris’s La Défense tries to reinvent office life as deals plummet
    • Warner Bros Discovery and Paramount CEOs hold exploratory merger talks
  • Tech
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Cryptofinance
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Wealth Management
    • Trading
    • Moral Money
    • ETF Hub
    Most Read
    • News updates from December 21: US GDP revised down in Q3, Angola to leave Opec
    • Bond market rally drives yields past Wall Street’s end-2024 targets
    • Angola quits Opec after clashes with Saudi Arabia
    • Transatlantic resilience brings peak oil within sight
    • Failed Warburg Pincus talks reveal scale of BlackRock’s private equity ambitions
  • Climate
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • Lex
    • Obituaries
    • Letters
    Most Read
    • Transatlantic resilience brings peak oil within sight
    • The clearest sign of a party pressing self-destruct
    • Global trade shudders over blockages in the Suez and Panama canals
    • The US backlash against Nippon Steel is wholly misguided
    • Law must ignore the political hand-wringing around Trump
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    • Working It
    Most Read
    • From cold water swimming to bison grilling: how CEOs spend Christmas
    • De Beers chief Al Cook seeks to restore allure of diamonds
    • The perils of mangling a name
    • UN aid chief Martin Griffiths: ‘The war in Gaza isn’t halfway through’
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
    Most Read
    • What if Russia wins?
    • How to wear fishnets now
    • The taste of Christmas
    • Should you ever go back to a favourite restaurant?
    • A Ghost Story for Christmas: Lot No 249 review — Kit Harington and Freddie Fox furnish festive fear
  • HTSI
MenuSearch
  • Home
  • World
  • UK
  • Companies
  • Tech
  • Markets
  • Climate
  • Opinion
  • Work & Careers
  • Life & Arts
  • HTSI
Financial Times
SubscribeSign In

Mercedes Ruehl

Singapore correspondent

Mercedes Ruehl is the Financial Times' Singapore and Southeast Asia correspondent. She was previously the Asia technology correspondent based in Singapore and Hong Kong and she also led the FT's newsletters and audience engagement team in Asia. Prior to that she spent six years reporting in Australia on business, finance and politics for The Australian Financial Review and The Sydney Morning Herald.

Add to myFT Digest

Add this topic to your myFT Digest for news straight to your inbox

  • Friday, 8 December, 2023
    Asset allocation
    Indonesia hopes global investors will follow the carmakers

    The south-east Asian country has the potential to develop wealth management offerings if per capita income improves

  • Wednesday, 6 December, 2023
    Sovereign wealth funds
    Gulf funds increase investment in south-east Asia as China retreats

    Sovereign funds from Saudi Arabia, the United Arab Emirates and Qatar are making deals in rare bright spot for region

    Doha West Bay financial district, Qatar
  • Tuesday, 5 December, 2023
    TikTok Inc
    TikTok nears deal with Indonesia’s GoTo to restart ecommerce business

    Chinese video app hopes investment in Jakarta-listed unit will revive its fortunes after ban in its biggest market

    Gojek riders wait for their delivery orders at a distribution centre in Surabaya
  • Wednesday, 29 November, 2023
    International tax
    Vietnam raises multinational corporate tax rate in blow to Samsung and Intel

    Adoption of OECD global standard could deter foreign manufacturers seeking alternative to China

    Samsung and Vietnamese flags in front of the South Korean company’s building in Hanoi
  • Sunday, 26 November, 2023
    Aerospace & Defence
    South Korean defence industry rides global order wave

    After decades of preparation for war with North Korea, the country has become a top 10 defence exporter since the start of Ukraine conflict

    South Korean engineers work on a K-9 self propelled howitzer at Hanwha Aerospace factory in Changwon
  • Tuesday, 21 November, 2023
    Israel-Hamas war
    Israeli venture capital deals slow sharply since start of Hamas war

    Drop-off in dealmaking hits country’s growing tech sector and threatens early-stage start-ups

    Israeli soldiers tanks at the Gaza border
  • Tuesday, 21 November, 2023
    Inside BusinessIndonesia
    Why Indonesia has not captured more of the ‘China +1’ diversification

    Corruption, vested local interests and uncertain regulatory environment remain major deterrents to investment

    Joko Widodo, Indonesia’s president
  • Monday, 20 November, 2023
    Airlines
    Record airline profits fail to lure back investors

    Airline shares are languishing below pre-pandemic levels as high fuel prices and economic risks weigh on sentiment

    The silhouette of a commercial airplane flies passing by the skyscrapers of the Madrid
  • Sunday, 19 November, 2023
    Singapore
    Singapore family office applicants face 18-month wait amid tighter scrutiny

    Asian financial hub investigating whether $2bn money laundering ring used the vehicle

    A couple walks along an aerial walkway of Singapore’s Garden by the Bay
  • Thursday, 16 November, 2023
    #techAsia
    Inside Huawei’s Mate 60 and a high-tech take on lunch Premium content

    The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

    A Huawei Mate 60 Pro smartphone is disassembled by a specialist wearing gloves
  • Wednesday, 15 November, 2023
    The Big Read
    Is Indonesia finally set to become an economic superpower?

    President Joko Widodo has overseen an era of strong growth and rapid development. In an interview, he reveals far larger ambitions

    A design illustration of Indonesia’s future presidential palace in East Kalimantan, as part of the country’s relocation of its capital from slowly sinking Jakarta. An Asian man in a white shirt stands with the Jakarta skyline in the background
  • Tuesday, 14 November, 2023
    GIC Private Ltd
    GIC chief says investors should prefer Big Tech to start-ups on AI

    Singapore’s tech-focused sovereign wealth fund says established companies are seeing AI wins with existing customers

    Lim Chow Kiat
  • Tuesday, 7 November, 2023
    InterviewJoko Widodo
    Indonesia’s president pushes US over delayed $20bn funding for green transition

    Joko Widodo questions west’s ‘commitment’ to helping developing countries cut climate emissions

    Indonesian president Joko Widodo in August 2022
  • Monday, 6 November, 2023
    Indonesian politics
    Crackdown on illegal mining forces Indonesia to import nickel ore

    Large shipments from the Philippines needed to keep smelters operating

    A worker in front of a fiery furnace at an Indonesian nickel smelter
  • Monday, 30 October, 2023
    Renewable energy
    Malaysia’s Petronas to invest $1.6bn in Indian green ammonia

    Deal aims to produce 5mn tonnes by 2030 in five Indian states, with exports within two years

    Indian villagers walk past a wind turbine
  • Friday, 27 October, 2023
    TikTok Inc
    TikTok shops around for options in wake of Indonesia app ban

    Chinese group sets up teams to explore way forward after biggest ecommerce market imposes curbs

    TikTok sales channel
  • Wednesday, 25 October, 2023
    AirAsia Bhd
    AirAsia chief prepares runway for New York Spac listing

    Tony Fernandes’s Capital A conglomerate on fundraising campaign ahead of merger with blank-cheque company

    AirAsia planes on the tarmac at Kuala Lumpur International Airport
  • Monday, 23 October, 2023
    Asia maritime tensions
    China and Philippines trade accusations after collisions in South China Sea

    Manila condemns Beijing’s ‘aggressive action’ to block resupply missions to Second Thomas Shoal

    The bow of the Chinese vessel looms large in the foreground
  • Friday, 20 October, 2023
    Indonesian politics
    Indonesia presidential race starts with Joko Widodo’s legacy and family in focus

    Leader cannot stand for election again after decade at helm of fast-growing economy

    Joko Widodo
  • Thursday, 19 October, 2023
    #techAsia
    Taiwan’s chip oracle and Japan’s new ‘wood’ Premium content

    The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

    Morris Chang wearing a white shirt, waving to the crowd
  • Sunday, 15 October, 2023
    Wilson Sonsini
    Law firm Wilson Sonsini explores Singapore office as China dealmaking slows

    Beijing’s regulatory crackdown has pushed many Chinese investors and companies to expand in city-state

    Singapore’s central business district
  • Saturday, 14 October, 2023
    IPOs
    TikTok courier slashes $1bn Hong Kong IPO target on weak investor demand

    J&T Express offers delivery services to ecommerce groups in south-east Asia and China

  • Thursday, 12 October, 2023
    HongShan
    Neil Shen plots global expansion for Sequoia’s China spin-off

    Venture capital firm plots future outside China after split with Silicon Valley giant

    Neil Shen speaking into two microphones
  • Thursday, 12 October, 2023
    1Malaysia Development Bhd
    Goldman sues Malaysia over 1MDB settlement

    Wall Street bank seeks arbitration in the UK over dispute regarding $2.5bn settlement

    The Goldman Sachs logo on the floor of the New York Stock Exchange
  • Tuesday, 10 October, 2023
    ExplainerUBS Group AG
    How UBS’s $3.3bn Credit Suisse deal spawned $9bn of legal claims

    Lawsuits are stacking up against the bank, the Swiss regulator and the nation of Switzerland

Previous page You are on page 1 Next page

Useful links

Support

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & Policies

Services

Share News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT Schools

Tools

PortfolioToday’s Newspaper (FT Digital Edition)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

Community & Events

FT CommunityFT Live EventsFT ForumsFT Board NetworkBoard Director Programme

More from the FT Group

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2023. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Financial Times

UK Edition

Subscribe for full access
  • Switch to International Edition

Top sections

  • Home
  • World
    • Israel-Hamas war
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
  • UK
    • UK Economy
    • UK Politics
    • Brexit
    • UK Companies
    • Personal Finance
  • Companies
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
  • Tech
    • Artificial intelligence
    • Semiconductors
    • Cyber Security
    • Social Media
  • Markets
    • Alphaville
    • Markets Data
    • Cryptofinance
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Wealth Management
    • Trading
    • Moral Money
    • ETF Hub
  • Climate
  • Opinion
    • Columnists
    • The FT View
    • Lex
    • Obituaries
    • Letters
  • Work & Careers
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    • Working It
  • Life & Arts
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
  • Personal Finance
    • Property & Mortgages
    • Investments
    • Pensions
    • Tax
    • Banking & Savings
    • Advice & Comment
    • Next Act
  • HTSI
  • Special Reports

FT recommends

  • Lex
  • Alphaville
  • Lunch with the FT
  • FT Globetrotter
  • #techAsia
  • Moral Money
  • Visual and data journalism
  • Newsletters
  • Video
  • Podcasts
  • News feed
  • FT Live Events
  • FT Forums
  • Board Director Programme
  • myFT
  • Portfolio
  • Today’s Newspaper (FT Digital Edition)
  • Crossword
  • Our Apps
  • Help Centre
  • Subscribe
  • Sign In