Posts by Stephanie Irvin
Logistics reimagined: More young people in Singapore are drawn to tech-related roles in the field
[SINGAPORE] Gone are the days when logistics was seen as an unglamorous, manual labour-intensive field. As many bigger logistics firms undergo digital transformation in recent years, they also become increasingly attractive to young professionals looking for opportunities to flex their skills in analytics, automation and artificial intelligence (AI) in the sector. For logistics firm Schenker…
Read MoreChinese steel exports to drop as barriers mount: Goldman
Domestic consumption is forecast to fall 2 per cent in 2025 to 839 million tonnes, the fifth straight year of decline Published Mon, May 26, 2025 · 11:41 AM THE blowout in Chinese steel exports has likely peaked, as trade barriers mount and domestic production falls, according to Goldman Sachs. Exports climbed last year to…
Read MoreSaudi Aramco considers asset sales to free up funds: sources
Published Mon, May 26, 2025 · 10:18 AM [DUBAI] Saudi state oil giant Aramco is exploring potential asset sales to free up funds, two people with knowledge of the matter said, as it pursues an international expansion and weathers lower crude prices. Aramco is the world’s largest oil-producing company and the main source of Saudi state revenue. The…
Read MoreGold retreats from two-week high as Trump extends EU tariff deadline
Gold prices slipped from a two-week high on Monday (May 26) after US President Donald Trump set a Jul 9 deadline for a trade deal with the European Union, rescinding his earlier threat of a 50 per cent tariff from Jun 1. Spot gold was down 0.5 per cent at US$3,339.13 an ounce, as at…
Read MoreStocks to watch: Sats, The Hour Glass, Japan Foods, Manulife US Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (May 26). Sats: The in-flight caterer on Friday reported net profit of S$38.7 million for the three months ended Mar 31, 2025, gaining 18.3 per cent from S$32.7 million in the corresponding year-ago period. This indicates earnings per share…
Read MoreShipping bottlenecks in Europe send a warning signal to US, Asia
[LONDON] Port congestion is worsening at key gateways in northern Europe and other hubs, according to a new report which suggests trade wars could spread maritime disruptions to Asia and the US and push up shipping rates. Waiting times for berth space jumped 77 per cent in Bremerhaven, Germany, between late March and mid-May, according…
Read MoreMore margin calls and stopouts in April as Trump tariffs rattle markets
[SINGAPORE] Several brokerages across Singapore observed up to double the number of margin calls and stopouts on such trades in April after US President Donald Trump administration’s “Liberation Day” tariffs roiled markets globally. Margin trading allows investors to borrow funds from brokerages to buy more stocks than they can afford with their own capital, using…
Read MoreWill more S-Reits soon exit the local market?
WHEN the proposed privatisation of Frasers Hospitality Trust (FHT) was unveiled on May 14, I couldn’t help feeling rather disheartened – not with the terms of the transaction but with the stated rationale for the deal. The decision to take FHT private, which came after a strategic review announced on Apr 23, seems to be…
Read MoreEurope’s shipping bottlenecks expected to persist into July
Port congestion is worsening at key gateways in northern Europe and other hubs, according to a new report which suggests trade wars could spread maritime disruptions to Asia and the US and push up shipping rates. Waiting times for berth space jumped 77 per cent in Bremerhaven, Germany, between late March and mid-May, according to…
Read MoreReit privatisation unsurprising amid higher-for-longer interest rates, but investment opportunities remain: SGX equities head
[SINGAPORE] Real estate investment trusts (Reits) being taken private is unsurprising as the sector is facing some challenges, but investment opportunities are still there for those “willing to look beyond the surface”, said Singapore Exchange (SGX) head of equities Ng Yao Loong on Saturday (May 24). Speaking at the opening of the Reits Symposium at…
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