Straits Times Index
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Singapore Technologies Engineering Ltd (S63.SI)
- Reuters SG
EMERGING MARKETS-Asian stocks move up in nervous trade as U.S. vote on knife-edge
* Graphic: World FX rates http://tmsnrt.rs/2egbfVh * Graphic: Foreign flows into Asian stocks https://tmsnrt.rs/3f2vwbA * Asian FX lose ground as dollar claws back losses * Mexican peso swings wildly in volatile trade * Philippine shares gain the most By Shriya Ramakrishnan Nov 4 (Reuters) - Emerging Asian stocks scored small gains and currencies were broadly weaker as early projections of the U.S. presidential election hinted at a tighter race, sparking a bout of volatility across financial markets. U.S. President Donald Trump was narrowly leading Democratic rival Joe Biden in the vital battleground state of Florida, Edison Research said on Tuesday, while other competitive swing states that will help decide the election outcome, such as Georgia and North Carolina, remained up in the air.
- Reuters
Airbus, ST Engineering to expand A321 freighter conversion programme
Airbus and Singapore's ST Engineering said they would set up new sites in China, Germany and the United States by 2023 to convert A321 passenger planes to freighters after the first one entered service with Qantas Airways Ltd <QAN.AX> on Tuesday. The Elbe Flugzeugwerke GmbH (EFW) joint venture between Airbus SE <AIR.PA> and Singapore Technologies Engineering Ltd <STEG.SI> will expand beyond Singapore allowing it to convert around 25 planes each year to meet rising demand for dedicated cargo aircraft, they said in a statement.
- Reuters
ST Engineering, Airbus JV to expand A321 freighter conversion program
Singapore's ST Engineering and its joint venture with Airbus said they would set up new sites in China, Germany and the United States by 2023 to convert A321 passenger planes to freighters after the first one entered service with Qantas on Tuesday. Singapore Technologies Engineering Ltd <STEG.SI> and its Elbe Flugzeugwerke GmbH (EFW) JV with Airbus SE <AIR.PA> plan to expand beyond Singapore allowing it to convert around 25 planes each year to meet rising demand for dedicated cargo aircraft, they said in a statement.
