Posts by Stephanie Irvin
Employee Benefits: The New Deal Breakers
In today’s job market, employee benefits packages are more than just perks—they’re deal breakers. Workers are increasingly prioritizing what companies offer in terms of health insurance, retirement plans, flexible work arrangements, and mental health support. If employers want to attract and keep top talent, understanding these needs is crucial. Let’s break down what employees are…
Read MoreGreenback slides as Fed independence under threat from Trump
[SINGAPORE] The US dollar tumbled on Monday (Apr 21) as investor confidence in the US economy took another hit over President Donald Trump’s plans to shake up the Federal Reserve, which would throw into question the independence of the central bank. White House economic adviser Kevin Hassett said on Friday that the president and his…
Read MoreSias urges Sin Heng Heavy Machinery shareholders to reject Tal United’s offer, citing 41% discount to NAV
[SINGAPORE] The bid from Tal United to acquire Sin Heng Heavy Machinery at S$0.58 a share mid-last month has been described as a “lowball offer” by the Securities Investors Association (Singapore), which has advised shareholders to reject the offer. This is on the grounds that Sias’ appointed independent financial adviser (IFA) has assessed the offer…
Read MoreVietnam central bank preparing restructuring plan for troubled lender SCB
Published Mon, Apr 21, 2025 · 03:11 PM [HANOI] Vietnam’s central bank is drafting a plan to restructure the troubled Saigon Joint Stock Commercial Bank (SCB), the lender at the centre of the country’s biggest financial fraud on record, local media reported. The plan, which was developed by investors, is awaiting suggestions from relevant bodies…
Read MoreJD.com to add 100,000 delivery riders in China to take on Meituan
The move is a response to a rival forbidding riders from accepting delivery orders from JD, the company says Published Mon, Apr 21, 2025 · 01:40 PM [NEW YORK] JD.com plans to add 100,000 full-time riders within the next three months, amplifying its food delivery push as competition against market leader Meituan heats up. The…
Read MoreDHL to stop global shipments worth over US$800 to US consumers
Published Mon, Apr 21, 2025 · 12:53 PM [WASHINGTON] Global shipping giant DHL will “temporarily” suspend the shipping of parcels worth more than US$800 from businesses to individuals in the United States as at Monday (Apr 21), the company said, citing delays in US customs clearances. “As a result of recent US Customs regulatory updates,…
Read MoreStocks to watch: ST Engineering, Keppel, Keppel DC Reit, CDL, ICP
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Apr 21). ST Engineering: Ravinder Singh, group chief operating officer (technology and innovation) and president for defence and public security, will retire on May 31. Mervyn Tan, managing director for investment at venture capital firm Vertex, will join the…
Read MoreChina shipbuilders rip Trump’s ‘short-sighted’ US port fees
The government has protested against the “discriminatory” steps on Friday, urging Washington to “correct wrongdoings”. Published Mon, Apr 21, 2025 · 07:13 AM [BEIJING] China’s shipbuilders on Saturday (Apr 19) blasted as “short-sighted” US port fees announced by US President Donald Trump’s administration on China-linked ships, a measure aimed at the nation’s shipbuilding industry. Trump…
Read MoreVolvo to cut up to 800 US jobs as Trump’s tariffs bite
Published Mon, Apr 21, 2025 · 06:50 AM [NEW YORK] Volvo Group plans to lay off as many as 800 workers at three US facilities over the next three months due to market uncertainty and demand concerns in the face of US President Donald Trump’s tariffs, a spokesperson said on Friday (Apr 18). Volvo Group…
Read MoreTesla to delay US launch of affordable EV, a lower-cost Model Y: sources
[SAN FRANCISCO/NEW DELHI/SEOUL] Tesla’s long-awaited plans for an affordable car include a US-made, stripped-down version of its best-selling electric SUV, the Model Y, but the production launch has been delayed, three sources with knowledge of the matter told Reuters. Tesla has promised affordable vehicles beginning in the first half of the year, providing a potential…
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