Yahoo Finance SoFi Technologies to Pay $1.1 Million Over Account Vetting Issues Linked to Theft of $2.5 Million
Brokerage industry self-regulator Finra says swindlers pounced on the general availability of SoFi Money to open 800 bogus accounts.
Brokerage industry self-regulator Finra says swindlers pounced on the general availability of SoFi Money to open 800 bogus accounts.
While the Nasdaq Composite is at a record high, some experts believe that a shift is coming in the market.
With the REIT sector in the doldrums for the past two years, is there light at the end of the tunnel? The post Are Singapore REITs Attractive Right Now? Here are 4 Factors You Should Watch Out for appeared first on The Smart Investor.
Few perks in fast food are as elusive and sought-after as the McDonald's Gold Card, which grants its holder free meals. However, the benefits of these cards can vary. While some are limited to local venues, others, like the one Bill Gates has, allow him to eat for free at any McDonald's globally. Warren Buffett, another notable recipient of this privilege, discussed his own McDonald's Gold Card during a 2007 CNBC interview, revealing the more localized nature of his card. During an interview wit
Mapletree Investments, a real estate firm owned by Singapore state investor Temasek Holdings, recorded a loss for the first time in two decades, after bearing the brunt of a global commercial property downturn.
Google plans to invest $2 billion in Malaysia, developing its first data center and a Google Cloud hub in the latest big foray by a U.S. tech giant in the Southeast Asian country. The news follows Microsoft's recent announcement that it would put $2.2 billion over the next four years into building Malaysia’s new cloud and artificial intelligence infrastructure. Prime Minister Anwar Ibrahim hailed Google’s investment as a sign of faith in Malaysia’s governance and economy.
In a recent global survey of 1,660 enterprises, many respondents said their trading partners were unwilling to use the Chinese yuan.
As the Singapore market continues to evolve, major financial institutions are increasingly leveraging blockchain technology to enhance security and efficiency in international transactions. This trend underscores a broader movement towards innovation and trust in global financial interactions, characteristics also valued in high-yield dividend stocks. In the current economic landscape, investors may find that companies with robust technological adoption and strong governance practices can...
Stock markets fell Wednesday as investors locked in profits after indicators and comments from central bankers further dented hopes for interest rate cuts.Among individual stocks, Anglo American shares fell 5.2 percent in London after the mining giant rejected a request from BHP to extend a Wednesday deadline for takeover talks, with BHP saying later it would not be making another offer.
Apple stock has been making a comeback lately, and the artificial-intelligence upgrade coming for iPhones will drive shares even higher, said BofA Securities. Shares of Apple had a challenging start to the year as investors digested reports of weak demand in China and awaited for generative artificial-intelligence updates. It seemed that every other tech company was releasing its plans to get ahead in the GenAI race, but Apple has yet to announce any major updates.
The acronym “HDB” can deliver a range of emotions for any Singaporean looking to get their hands on the local housing ladder. That’s because the process to get one is... The post Is Upgrading From an HDB to a Condo a “Must” to Build Wealth? We Rate Advice From Reddit appeared first on MoneySmart Blog.
Chinese automaker BYD (1211.HK) has launched hybrid vehicles with a 1,300-mile driving range for $13,800. Yahoo Finance's Alexandra Canal and Seana Smith break down the company's latest move and position in a heated EV race. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
A 35-year-old Chinese man has been arrested in Singapore, and millions of dollars in cars, watches and real estate have been seized as part of a blockbuster raid on a global cybercriminal network that defrauded the US government of billions of dollars, the Justice Department said Wednesday.
The company’s latest quarterly sales were below Wall Street estimates, as was its forecast for the current quarter.
NEW YORK/LONDON (Reuters) -A global equities gauge fell on Wednesday while U.S. Treasury yields rose after a third weak government debt auction in a row, and investors worried about higher interest rates while they waited for a key U.S. inflation report due on Friday. The dollar index gained as it was bolstered by higher bond yields across the board and the greenback rose to a four-week high against the Japanese yen. "On the equity market side we're getting close to month-end" so people may be taking profit, said Charlie Ripley, senior investment strategist for Alliance Investment Management, also citing a weak 7-year U.S. Treasuries note auction following similar results for Tuesday's 2-year and 5-year note auctions.
(Reuters) -A European private wealth manager in Hong Kong told me last week he recently got the catalyst he needed to land a Taiwanese billionaire's account: geopolitics. The billionaire was down to two major wealth managers -- UBS and JPMorgan Chase -- after Credit Suisse’s demise last year. In recent years, as the Sino-U.S. saber rattling has increased, I have repeatedly heard from sources in the United States about how companies and investors are de-risking from China, building resiliency in their supply chains, reducing their exposure and putting a higher risk premium to business there.
The Dow Jones Industrial Average (^DJI) fell a whopping 411 points in a challenging day for the market indices. The Nasdaq Composite (^IXIC) fell 99 points, below its landmark 17,000, and the S&P 500 (^GSPC) slipped back under 5,300. Market Domination Overtime's Julie Hyman reviews the day's market performance and its relationship with 10-year Treasury yields (^TNX), joined by Senior Markets Reporter Jared Blikre who examines the widespread sector losses seen in Wednesday's session. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
Normally, when Nvidia stock goes up, so does the market. That wasn't the case this past earnings season.
Austan Goolsbee, President of the Chicago Federal Reserve Bank, highlighted that consumer delinquencies are among the most worrisome economic indicators currently being monitored. His concerns now appear prescient as new data reveal a significant uptick in delinquency rates in the first quarter of 2024. "If the delinquency rate of consumer loans starts rising, that is often a leading indicator that things are about to get worse," Goolsbee stated. Recent figures from the Federal Reserve published
Lingering concerns about higher-for-longer interest rates and a Salesforce sell-off put a damper on investors' spirits.
It marks the largest planned investment Google has made in the Southeast Asian country.