Posts by Stephanie Irvin
Boeing, union reach preliminary deal to avert Seattle-area strike
BOEING has agreed on a preliminary new contract with union leaders that includes a hefty wage hike that would avert a strike in the Seattle region, the two sides announced on Sunday. The agreement, which must be ratified by workers, includes a 25 per cent wage increase over the four-year life of the contract, according…
Read MoreWhy I choose to diversify with an all-world index
The nature of the Singapore market has changed in recent years, and it does not have the pull it once did AS A young investor (and the writer of a young-investor column), I frequently receive investment advice from well-meaning colleagues, seasoned market professionals and financial planners. Everyone has his or her own vehicle of choice:…
Read MoreEducation of investors, not excessive regulations, to revive SGX
I REFER to the recent spate of reports on reviving the moribund Singapore stock market, with the latest being the Mark to Market column “MAS review group should build on market’s track record, seek to strengthen big local companies” (BT, Sep 2, 2024)
Read MoreFu Yu Corp doubles down on biomedical bet
Added capabilities enable it to value-add and engage new customers, as well as pursue further collaborations with existing customers PRECISION plastic parts manufacturer Fu Yu Corp aims to increase sales from its biomedical segment to more than half of the group’s revenue within the next three to five years, up from the current 3 per…
Read MoreSingapore’s oil party spoilt by falling prices and China gloom
The oil party isn’t over yet – but for top merchants and executives gathering for talks and rooftop cocktails in Singapore this week, the exuberance that came with the outsized profits of recent years is quickly fading. China’s economic slowdown, structural shifts in the global energy mix and the prospect of additional crude supply are…
Read MoreBoeing’s beleaguered Starliner back home empty
Boeing’s beleaguered Starliner returned to Earth empty on Saturday (Sep 7) after the National Aeronautics and Space Administration (Nasa) deemed it too risky to bring home the astronauts who rode the spaceship up to the International Space Station (ISS). After years of delays, Starliner launched in June for what was meant to be a roughly…
Read MoreCan more Vyvanse production ease the ADHD drug shortage?
Patients and caregivers have struggled for two years to find stimulant medications such as Adderall, Vyvanse and Concerta to treat attention deficit hyperactivity disorder (ADHD). Some spend hours each month going from pharmacy to pharmacy to find a drug, while others are forced to switch to a different brand or formulation, or go without medication…
Read MoreUOB Vietnam seeks faster client growth from Greater China
[HO CHI MINH CITY] UOB Vietnam is expecting accelerated growth from Greater China clients and increasing interest from US businesses, as Vietnam emerges as a key beneficiary of the shift in global supply chains away from China. Currently, business customers from Greater China account for about 16 per cent of UOB Vietnam’s client portfolio in…
Read MoreJapan Airlines expects no flight cancellations from A350 inspections
Japan Airlines does not expect flight cancellations or delays as a result of inspections ordered by Europe’s air safety regulator on engines of Airbus A350-1000 jets, it said on Friday (Sep 6). The European Union Aviation Safety Agency (EASA) said on Thursday Trent XWB-97 engines made by Rolls-Royce should be checked after an engine fire…
Read MoreAsia: Markets swing as traders prepare for US jobs data
ASIAN markets drifted on Friday as traders positioned themselves ahead of a highly anticipated US jobs report later in the day and following a mixed bag of economic data on the world’s top economy. As a rollercoaster week drew to a close, debate centred on the Federal Reserve’s plans for interest rates when it meets…
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