Tesla General Motors and Ford Motor all reported earnings. The Beijing Auto Show had some electric-vehicle-battery bombshells for investors to digest. Starting with earnings, Tesla generated $1.2 billion in operating profit in the first quarter, or about $3,000 per vehicle sold.
Some commentators have spent decades predicting the imminent demise of the US dollar’s special status as the world’s international reserve currency.
The board of DBS Group Holdings Ltd ( SGX:D05 ) has announced that it will pay a dividend on the 20th of May, with...
Here are three Singapore REITs that managed to increase their DPU in a difficult environment. The post 3 Singapore REITs That Raised Their DPUs appeared first on The Smart Investor.
Hutchison Port Holdings Trust ( SGX:NS8U ), is not the largest company out there, but it received a lot of attention...
He owes it to one woman.
Stocks rallied at the end of last week, getting a boost from a "Goldilocks" jobs report.
Not all hybrid cars are created equal. While some models offer excellent fuel efficiency, reliability and performance, others fall short. With so many options, it can be tough to separate the good...
Key Insights Kimly's significant insider ownership suggests inherent interests in company's expansion A total of 3...
"Rarely have I seen such a true win-win scenario for the government, Wall Street and the U.S. consumer."
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Energy giant Shell is in talks with Saudi Arabia's state-owned Saudi Aramco to sell its gas station business in Malaysia, the second-largest such network in the country, four industry sources aware of the discussions said, and a deal could be worth up to $1 billion. Shell declined to comment on the talks but said Malaysia is an important country to the company. Saudi Aramco also declined to comment.
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
UBS took over Credit Suisse in a government-backed rescue last year in what was the biggest merger of banks of systemic importance since the 2007-2009 financial crisis. Korner, who was appointed CEO of Credit Suisse during turbulent times in 2022, joined the board of UBS after the takeover. UBS is working to complete the merger of its legal entities with those of Credit Suisse by late May, the Financial Times said, citing people familiar with the plans.
Gold prices climbed more than 1% on Monday, as the U.S. dollar weakened after softer-than-expected U.S. jobs data fueled expectations of potential interest rate cuts by the Federal Reserve later this year. Spot gold rose 1% to $2,324.94 per ounce by 2:00 p.m. ET (1800 GMT). "The downside that we've seen over the last few weeks might actually be running out of steam, opening (the) door for gold prices to resume their upward trajectory," said Daniel Ghali, commodity strategist at TD Securities.
The fact that multiple Meta Platforms, Inc. ( NASDAQ:META ) insiders offloaded a considerable amount of shares over the...
As the electric carmaker sees sales fall and cuts jobs, we take a closer look at its problems.
Historically, investing in the stock market has yielded reliable returns. Particularly, investing in the S&P 500 has proven to be a reliable and rather safe investment that can yield significant...
China's average daily home sales during the major May Day public holiday sank 47% from a year earlier, and were down around 30% from pre-pandemic levels in 2019 for the same holiday period, according to a private survey on Monday. Home sales fell in 19 of 22 surveyed cities during the five-day May Day compared to the same period of 2023, and were down more than 60% in mega cities of Guangzhou and Shanghai, according to data from the China Index Academy, one of the country's largest independent real estate researchers. "The new housing market is still under adjustment pressures," said the research firm, adding "there is more room for lowering the downpayment ratio, reducing mortgage interest rates and transaction taxes and fees."
After working for most of your adult life, the last thing you want to do is stress about your finances and paying hefty bills in your golden years. You want to enjoy your retirement after committing...
HOUSTON (Reuters) -Oil futures ended largely unchanged on Monday as a ceasefire agreement between Hamas and Israel continued to elude negotiators. Both crude oil benchmarks settled 37 cents, or 0.5%, higher with Brent crude futures at $83.33 a barrel and U.S. West Texas Intermediate crude futures (WTI) at $78.48 a barrel. Last week, both contracts posted their steepest weekly loss in three months, with Brent falling more than 7% and WTI down 6.8%, as investors weighed weak U.S. jobs data and the possible timing of a Federal Reserve interest rate cut.
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