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    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.
    Email Mercedes Ruehl @mjruehl  on Twitter (link opens in a new browser window)

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    • Wednesday, 6 December, 2023
      Venture capital investment
      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

      new
      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

    • Sunday, 8 October, 2023
      Deforestation
      Nickel miners linked to devastation of Indonesian forests

      Rising demand for electric vehicles and the batteries that power them leads to more trees being felled

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