EUR/USD 1.16769
0.278%
Gold 4718.50
0.994%
Oil 59.111
-0.398%
USD/JPY 158.420
0.189%
GBP/USD 1.34463
0.159%
GBP/JPY 213.021
0.357%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Ministry of Finance: In 2026, ultra-long-term special treasury bonds will continue to be allocated for the construction of major projects and new infrastructure projects.A Reuters poll indicates that the Central Bank of Malaysia will keep its overnight policy rate at 2.75% on January 22. The Central Bank of Malaysias overnight policy rate is expected to remain at 2.75% until 2026.On January 20th, at a press conference held by the State Council Information Office, Liao Min, Vice Minister of Finance, stated that in 2026, the Ministry of Finance will continue to implement a more proactive fiscal policy, which can be summarized as "increased total amount, optimized structure, better efficiency, and stronger momentum." The fiscal deficit, total debt, and total expenditure in 2026 will remain at necessary levels, ensuring that overall spending will "only increase and not decrease" and that support for key areas will "only strengthen and not weaken."On January 20th, the Shanghai Futures Exchange (SHFE) reported the following data on energy and chemical warehouse receipts and changes: 1. Pulp futures warehouse receipts: 128,554 tons, an increase of 970 tons compared to the previous trading day; 2. Pulp futures mill warehouse receipts: 11,000 tons, a decrease of 1,000 tons compared to the previous trading day; 3. Offset paper futures warehouse receipts: 0 tons, unchanged from the previous trading day; 4. Offset paper futures mill warehouse receipts: 2,840 tons, unchanged from the previous trading day; 5. Fuel oil futures warehouse receipts: 0 tons. 6. Petroleum asphalt futures warehouse receipts: 16,110 tons, unchanged from the previous trading day; 7. Petroleum asphalt futures factory warehouse receipts: 30,810 tons, unchanged from the previous trading day; 8. Medium-sulfur crude oil futures warehouse receipts: 3,464,000 barrels, unchanged from the previous trading day; 9. Low-sulfur fuel oil futures warehouse receipts: 13,000 tons, unchanged from the previous trading day; 10. Low-sulfur fuel oil futures factory warehouse receipts: 0 tons, unchanged from the previous trading day.Liz McKean, Director of Economic Statistics at the UK Office for National Statistics: Although there was a slight increase in job vacancies during the latest reporting period, the overall number has remained largely flat over the past six months after a prolonged decline.

Boeing's MAX certification delay is supported

Charlie Brooks

Oct 20, 2022 14:24

9.png


Boeing (NYSE:BA) Co. received support from a Republican senator and a major customer on Wednesday to ask Congress to extend the certification deadline for two new 737 MAX models.


The U.S. aircraft manufacturer says the FAA must certify the MAX 7 and MAX 10 by December. After that date, all FAA-certified aircraft must have contemporary cockpit alerting systems, which would postpone the deployment of the new MAX aircraft unless Congress grants a waiver.


Republican senator Lindsey Graham told Reuters he supports tying a MAX deadline waiver to a budget package or other measures.


Graham said on the sidelines, "We will fight as hard as we can to give Boeing the opportunity to establish that the plane works and that it does operate."


Congress passed the measures in late 2020 as part of FAA certification modifications after two 737 MAX crashes killed 346 people and grounded the best-selling aircraft for 20 months.


On Wednesday, United Airlines CEO Scott Kirby (NYSE:KEX) endorsed the extension, saying a universal 737 alerting system makes sense. "It's appropriate safety," Kirby told CNBC. "Changing the cockpit is dangerous."


2017 United bought 100 MAX 10s. Kirby said United will convert some orders to MAX 8 and 9 planes and buy additional Airbus 321s without an extension, hurting Boeing's U.S. jobs.


Kirby remarked, "We should all be Boeing fans," citing the company's economic and export benefits.


This month, Senator Roger Wicker failed to attach a restriction extension through September 2024 to a defense deal.


Southwest Airlines (NYSE:LUV) pilots support the proposal, while American Airlines pilots oppose it.


C.B. "Sully" Sullenberger, a commercial pilot who famously landed an Airbus A320 on New York's Hudson (NYSE:HUD) River after hitting a flock of geese, and many MAX crash victims' families are also opposed. "The FAA must require modern crew warning systems," Sullenberger said Friday.


Even with a waiver, MAX planes may not fly for a while.


In an Oct. 12 letter, the FAA stated some crucial material Boeing filed in the agency's ongoing investigation of the MAX 7 is incomplete, and Boeing doesn't expect approval for the MAX 10 until next summer.

Suggestion