Posts by Liam Redmond
Sri Trang Agro-Industry swings back to black with Q4 profit of 854.3 million baht
RUBBER group Sri Trang Agro-Industry swung to a net profit of 854.3 million baht (S$34 million) for its fourth quarter ended December, from a net loss of 422 million baht in the previous corresponding period. The improvement in bottom line came amid higher contributions from the group’s natural rubber and gloves business segments, said Sri…
Read MoreStocks to watch: Sri Trang Agro-Industry, Sri Trang Gloves, Oiltek International, Aoxin Q&M
THE following companies saw new developments that may affect trading of their securities on Tuesday (Feb 18). Sri Trang Agro-Industry: The rubber group swung to a net profit of 854.3 million baht (S$34 million) for its fourth quarter ended December, from a net loss of 422 million baht in the previous corresponding period. The group…
Read MoreJapan’s historic rate shift is turbo-charging the credit market
JAPAN’S corporate bond market is booming, as an economic rebound and plans to get ahead of higher interest rates encourage a flurry of issuance. Japanese companies have sold 14.7 trillion yen (S$130 billion) of local-currency bonds in the current fiscal year, a record for the period, according to data compiled by Bloomberg. A key motivation:…
Read MoreCandice Bergen’s husband Marshall Rose dead at 88 after Parkinson’s battle: ‘Extraordinary strength and resilience’
Candice Bergen’s husband, Marshall Rose, has died. He was 88. Rose passed away “in the early hours of February 15th, surrounded by loved ones,” according to his obituary. A noted philanthropist, Rose died from complications with Parkinson’s disease following “many years of extraordinary strength and resilience,” the obituary added, describing Rose as a man who…
Read MoreThai Airways set to emerge from debt with plan to double fleet
FIVE years after Thai Airways International filed for bankruptcy protection, the state-controlled carrier’s court-appointed debt administrator Piyasvasti Amranand is planning an aggressive international expansion. Called out of semi-retirement in 2020 by Thailand’s then-Prime Minister Prayuth Chan-Ocha, Piyasvasti was asked to take the controls of the airline and devise a rescue after the carrier had posted…
Read MoreHow Much Does a College Student Spend on Groceries?
Grocery shopping takes up a significant portion of an average college student’s budget. With tuition, rent, textbooks, and other expenses, food costs must be closely monitored to ensure college students can eat healthily without overspending. The amount college students tend to spend on groceries varies greatly depending on factors such as location, habits, frequency of…
Read MoreBHP sees recovery in steel and copper demand, logs lowest profit in six years
BHP sees signs of economic recovery in China and central bank rate cuts reviving demand for steel and copper but flagged risks to global growth from potential trade tensions, as it logged its lowest first-half profit in six years. The world’s largest listed miner on Tuesday (Feb 18) reported an underlying attributable profit of US$5.08…
Read MoreCabin crew busted posing for photos on plane wing while waiting for takeoff: Airline announces investigation
They were winging it. An airline has launched an investigation into several flight attendants who were busted opening an emergency exit and posing for photos on an airplane wing. The shocking incident occurred last Wednesday at Cheongju International Airport in South Korea while Eastar Jet Flight 703 was delayed on the tarmac. Images taken from…
Read MoreDelta plane flips on landing at Toronto airport, injuring eight
EIGHT people were injured when a plane carrying 80 passengers flipped as it landed at Toronto Pearson International Airport on Monday (Feb 17), officials said. Toronto’s Pearson Airport said earlier on Monday it was dealing with high winds and frigid temperatures as airlines attempted to catch up with missed flights after a weekend snowstorm dumped…
Read MoreDelta plane flips upside down at Toronto airport, injuring 18
A DELTA Air Lines regional jet flipped upside down upon landing at Toronto Pearson Airport on Monday (Feb 17) amid windy weather following a snowstorm, injuring 18 of the 80 people on board, officials said. Three people on the flight that originated at Minneapolis-St Paul International Airport suffered critical injuries, among them a child, authorities…
Read MoreRenault, Geely deepen partnership with Brazil car sales plan
The venture remains subject to definitive agreements and approval of the relevant regulatory authorities RENAULT and China’s Zhejiang Geely Holding Group plan to jointly produce and sell electric and low-emissions vehicles in Brazil as the automakers deepen their partnership. Geely will invest in Renault’s Brazilian unit and in return get access to its production, sales…
Read MoreOil rises as drone strikes Caspian pump station, while Russia-Ukraine peace talks loom
OIL prices strengthened on Monday (Feb 17) as an attack on an oil pipeline pumping station in the Caspian Sea slowed flows from Kazakhstan, while investors monitored developments of a possible Moscow-Kiev ceasefire agreement that could ease sanctions and increase global supplies. The US dollar index, which hovered near a two-month low after weaker-than-expected US…
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