As the big drugmaker tries to turn its fortunes around by focusing on oncology, it has turned to a Citi analyst who hasn’t recommended the stock in over a decade. But Andrew Baum has something Pfizer needs: oncology expertise.
With indices in the US hitting new highs, these five stocks could push Singapore’s Straits Times Index to a new record. The post 5 Singapore Blue-Chip Stocks That Can Propel the Straits Times Index to a New High appeared first on The Smart Investor.
Shares in Wilmar closed 1 cent lower or 0.32% down at $3.08 on June 3.
If you think that fixed deposits are only for conservative cash-rich aunties and uncles, think again. A fixed deposit (also known as a time deposit) account is a type of... The post Best Fixed Deposit Rates in Singapore (Jun 2024)—Rates Up To 3.75%, Minimum Deposits From $500 appeared first on MoneySmart Blog.
Here are five Singapore stocks that are dishing out dividends this month. The post 5 Singapore Stocks Paying Out Dividends in June appeared first on The Smart Investor.
As global markets continue to navigate through a period of economic recovery and sustainability-focused innovations, the Singapore Exchange (SGX) remains a focal point for investors seeking stable returns. Amidst this backdrop, dividend stocks on the SGX offer an appealing option for those looking to balance yield with potential growth in sectors aligned with broader market trends. In this context, understanding what constitutes a resilient dividend stock is crucial, especially in an...
A billionaire ally of Narendra Modi has seen the value of his industrial empire crash by one trillion rupees (£9.7bn) after initial counts indicated that the result of the Indian general election was closer than expected.
The rapid expansion of Artificial Intelligence and Machine Learning has led to a higher demand for data centre space. Here are five Singapore REITs and business trusts that stand to benefit from this trend. The post Riding the AI Wave with Data Centres: 5 Singapore REITs and Business Trusts for Your Watchlist appeared first on The Smart Investor.
First UOB, then Standard Chartered. Banks have cut rates on their flagship savings accounts, and that means the highest interest earners are being reshuffled. Which savings account will earn you the... The post 10 Best Savings Accounts in Singapore with the Highest Rates (Jun 2024) appeared first on MoneySmart Blog.
US stocks are looking to build on their strong performance in May as hopes for rate cuts revive and the meme stock mania roars back.
Seatrium and M1 say that the partnership may extend into other M1 enterprise services and industry solutions.
Hong Kong stocks rose by the most in over three weeks after a private report showed the manufacturing sector in mainland China expanded more than expected last month, in contrast with an unexpected contraction in official data. The Hang Seng Index jumped 1.9 per cent to 18,415.14 at 3.10pm local time, the biggest advance since May 10. The Tech Index soared 2.4 per cent while the Shanghai Composite Index declined 0.3 per cent. All but nine out of the 82 index members gained. Tencent jumped 4.3 pe
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Global markets finished mixed on Monday, as traders on Wall Street attempted to look beyond weaker than expected manufacturing data, and markets reacted to falling oil prices."This deal looks to draw a line under attempts to drive energy prices sharply higher for the time being," said Joshua Mahony, chief market analyst at Scope Markets.
Asian shares retreated on Tuesday after a report showed that U.S. manufacturing contracted in May, in the latest sign the economy is slowing. Oil prices fell and U.S. futures edged higher. Japan's Nikkei 225 index lost 0.5% to 38,749.25 and the Kospi in Seoul was down 0.4% at 2,672.43.
Alibaba could join the Stock Connect cross-border trading mechanism as early as September 9, after its dual-primary shares listing in Hong Kong is completed, according to Morgan Stanley. The overall impact on the market is expected to be limited, however, after an initial influx of money from mainland investors, they said. Up to US$12 billion of investment from mainlanders is likely in the first six months after the e-commerce giant joins the Stock Connect scheme, which would bring their ownersh
Six months ago, an average Joe may have been willing to pay $5 for a dollar of the S&P 500’s future profits. Today, he’s ready to pay way more.
Investing.com-- Advanced Micro Devices (NASDAQ:AMD) unveiled a new line of artificial intelligence chips at the Computex event in Taipei on Sunday, shortly after rival Nvidia (NASDAQ:NVDA) revealed its next generation of chips to power AI development.
Rolex has raised the price of some of its gold watches in the UK following a surge in investor interest in the precious metal.
STORY: At least 60 stocks listed on the NYSE were halted due to volatility and some stocks showed unusual outsized movements.Berkshire Hathaway and Barrick Gold shares were shown to be down 99.97% and 98.54%, respectively, due to the technical issue, before those trades were corrected."Any trades that were placed outside of normal market bands will almost certainly be cancelled," Rowe said."So for those that felt like they had a paper profit by buying Berkshire Hathaway in a massive discount, or one of the others that got dislocated, I can tell you from firsthand experience that when those things happen, often times the exchange will come in very quickly and say that the trade is invalid."NYSE, owned by Intercontinental Exchange by late morning said on its website it had resolved a reported technical issue and that the impacted stocks had resumed trading. The bourse said the problem was related to Limit Up-Limit Down bands meant to prevent extraordinary market volatility and extreme price movements in individual stock by preventing trades outside of specific price ranges that are updated throughout the trading day.
BEIJING (Reuters) -China's factory activity grew the fastest in about two years in May due to production gains and new orders, particularly at smaller firms, a private sector survey showed on Monday, lifting the outlook for the second quarter. The Caixin/S&P Global manufacturing PMI rose to 51.7 in May from 51.4 the previous month, the highest since June 2022, and beating analysts' forecasts of 51.5. To counter soft domestic demand and a years-long property crisis, China has boosted infrastructure investment and ploughed funds into high-tech manufacturing to bolster the broader economy this year.
Yahoo Finance