Oil, gold prices fall as US dollar surges: Commodity Check

CNN Business
Warren Buffett finally reveals the mysterious company he’s invested billions of dollars in
The mystery is over: Warren Buffett’s Berkshire Hathaway disclosed a major stake in the insurance company Chubb, finally revealing the investment he has kept under wraps since last year.
Simply Wall St.
3 SGX Dividend Stocks Offering Up To 7.4% Yield
In recent developments, the Singapore market has shown a keen interest in innovative sectors, highlighted by Mastercard's inclusion of Singapore-based peaq in its Start Path program focusing on blockchain and cryptocurrency. This move underscores a broader acceptance and integration of emerging technologies within the local economic landscape. In this context, identifying dividend stocks that not only offer attractive yields but also demonstrate resilience and adaptability to new market...
The Smart Investor
4 Singapore Industrial REITs with Dividend Yields of 6.6% or More
We feature four attractive industrial REITs sporting distribution yields of 6.6% or higher. The post 4 Singapore Industrial REITs with Dividend Yields of 6.6% or More appeared first on The Smart Investor.
The Independent
Under Armour is laying off workers as bloodbath of job cuts across US grows
The company made the announcement in its fourth quarter report
The Edge Singapore
SIA promotes Scoot CEO to executive vice president
Thng, 50, joined SIA in 1999. He was formerly the CEO of SilkAir and later, Vistara.
The Edge Singapore
Seatrium wins offshore rig integration contract from repeat customer SBM Offshore
Announcement of the contract win came a day after Seatrium and four other counters were removed from a key market index
Investing.com
Alibaba rallies to 7-mth high as ‘Big Short’ investor Burry increases stake
Investing.com-- Alibaba Group's (HK:9988) (NYSE:BABA) Hong Kong shares rallied to a seven-month high on Friday after Michael Burry’s investment firm hiked its stake in the e-commerce giant and several of its Chinese peers.
Reuters
Grab raises annual profit view after strong first-quarter revenue growth
(Reuters) -Grab Holdings raised its full-year profit forecast on Wednesday after reporting a higher-than-expected quarterly revenue, driven by recent cost-reduction measures and robust demand for its ride-share services. A significant restructuring at Grab, which included reducing 1,000 jobs and slashing some technology costs in 2023, is helping the company push ahead in its goal to deliver positive free cash flow this year. In an interview with Reuters, CFO Peter Oey said a surge in Southeast Asian tourism, along with an increase in corporate events and concerts in the last quarter, bolstered the demand for ride-share services.
Yahoo Finance
Stock market today: S&P 500 breaches 5,300 as stocks rally to records after CPI
Stocks edged higher on Wednesday as investors digested fresh readings on inflation and consumer spending.
Yahoo Finance
Inflation pressures ease in April as consumer prices rise at slowest pace in 3 months
April's CPI report is one of the most important data points the Federal Reserve will consider in its next interest rate decision.
Reuters
Dollar set for weekly drop on US slowdown signs
April's annual U.S. inflation numbers met expectations but were lower than the month before, fuelling confidence that the Federal Reserve will cut interest rates in September and again in December - driving rallies in stocks and bonds and pressuring the dollar. At the same time, even though markets price European rate cuts beginning in June, recent data has shown some upside surprises.
Barrons.com
Nvidia Stock Rises. This Is the Bar for the Chip Maker’s Earnings.
While consensus Wall Street forecasts call for the chip maker to report first-quarter revenue of $24.51 billion, it will likely need to beat that for the stock to rise significantly.
SmartAsset
How Long Will $300,000 Last Me in Retirement?
How long will $300,000 last in retirement? The answer to that depends on a variety of things: your lifestyle, your lifespan, your investments and any other income you have, to start. Let's break down whether $300,000 is enough for your … Continue reading → The post How Long Will $300,000 Last in Retirement? appeared first on SmartAsset Blog.
GOBankingRates
Here’s Why You Should Consider Investing in Intel Today
In 2022, Congress passed the CHIPS Act to promote semiconductor development within the United States, rather than from foreign providers. Specifically, the act appropriated $39 billion to help wean...
Associated Press
Stock market today: World shares retreat, though China stocks are lifted by new property measures
World shares were mostly lower on Friday, though Chinese stocks reversed earlier losses following the announcement of fresh measures to revive the ailing property market. In early European trading, Germany's DAX lost 0.5% to 18,648.35 and the CAC 40 in Paris shed 0.5% to 8,147.13. China’s central bank said Friday that it was reducing required down payments for housing loans and cutting interest rates for first and second home purchases, among other moves.
Reuters
China unveils 'historic' steps to stabilise crisis-hit property sector
BEIJING/HONG KONG (Reuters) -China announced "historic" steps on Friday to stabilise its crisis-hit property sector, with the central bank facilitating 1 trillion yuan ($138 billion) in extra funding and easing mortgage rules, and local governments set to buy "some" apartments. Investors hoped the measures marked the beginning of more decisive government intervention to compensate for waning demand for new and old apartments, to slow down falling prices and to reduce a growing stock of unsold homes. Since the property market began its steep downturn in 2021, a string of developers have defaulted, leaving scores of idle construction sites behind, and sapping confidence in what had for decades been the preferred savings instrument for the Chinese population.
AFP News
Japan economy suffers worse-than-expected contraction of 0.5%
Japan's economy suffered a worse-than-expected contraction in the first quarter, official data showed Thursday, in further bad news for its unpopular government.In the previous quarter, from July to September, GDP suffered a major contraction of 0.9 percent, also revised on Thursday from an earlier reading of minus 0.8 percent.
Benzinga
Charlie Munger Warned Millennials And Gen Z Are 'Going To Have A Hell Of A Time Getting Rich' — Warned Wealthy And Poor Gap Will Narrow
Charlie Munger, who passed away in November 2023 at nearly 100 years old, lived through a remarkable span of history and economic change. As Warren Buffett’s right-hand man and vice chairman of Berkshire Hathaway, his insights and predictions carry significant weight. Don't Miss: Are you rich? Here’s what Americans think you need to be considered wealthy. Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average? In 2021, Munger made some noteworthy comments
The Smart Investor
5 Dependable US Growth Stocks That Pay Increasing Dividends
Here are five reliable US growth stocks that also pay out higher dividends. The post 5 Dependable US Growth Stocks That Pay Increasing Dividends appeared first on The Smart Investor.
The Telegraph
Boeing supplier cuts 450 jobs after losses fuelled by 737 blowout
A major Boeing supplier is to make up to 450 workers redundant after its biggest customer was forced to cut aeroplane production.

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Oil, gold prices fall as US dollar surges: Commodity Check

Latest stories

Warren Buffett finally reveals the mysterious company he’s invested billions of dollars in

3 SGX Dividend Stocks Offering Up To 7.4% Yield

4 Singapore Industrial REITs with Dividend Yields of 6.6% or More

Under Armour is laying off workers as bloodbath of job cuts across US grows

SIA promotes Scoot CEO to executive vice president

Seatrium wins offshore rig integration contract from repeat customer SBM Offshore

Alibaba rallies to 7-mth high as ‘Big Short’ investor Burry increases stake

Grab raises annual profit view after strong first-quarter revenue growth

Stock market today: S&P 500 breaches 5,300 as stocks rally to records after CPI

Inflation pressures ease in April as consumer prices rise at slowest pace in 3 months

Dollar set for weekly drop on US slowdown signs

Nvidia Stock Rises. This Is the Bar for the Chip Maker’s Earnings.

How Long Will $300,000 Last Me in Retirement?

Here’s Why You Should Consider Investing in Intel Today

Stock market today: World shares retreat, though China stocks are lifted by new property measures

China unveils 'historic' steps to stabilise crisis-hit property sector

Japan economy suffers worse-than-expected contraction of 0.5%

Charlie Munger Warned Millennials And Gen Z Are 'Going To Have A Hell Of A Time Getting Rich' — Warned Wealthy And Poor Gap Will Narrow

5 Dependable US Growth Stocks That Pay Increasing Dividends

Boeing supplier cuts 450 jobs after losses fuelled by 737 blowout