UPDATE 1-HF Sinclair plans refineries to run up to 650,000 bpd in Q2 2024

Moneywise
Tennessee man goes from janitor to driving a $3 million Bugatti, calls this asset 'better' than real estate
It can be done.
The Smart Investor
4 Reliable Singapore Dividend Stocks That I Never Intend to Sell
There are good reasons not to let go of a great dividend-paying stock. Here are four of them I plan to hold for the rest of my life. The post 4 Reliable Singapore Dividend Stocks That I Never Intend to Sell appeared first on The Smart Investor.
The Smart Investor
4 Dividend-Paying Singapore Stocks That Can Help You to Better Prepare for Retirement
We highlight four dividend-paying stocks that can help you to enjoy a comfortable retirement. The post 4 Dividend-Paying Singapore Stocks That Can Help You to Better Prepare for Retirement appeared first on The Smart Investor.
BBC
Jeff Bezos to sell another $5bn of Amazon shares
In February, Mr Bezos announced that he would sell shares in technology giant worth around $8.5bn.
Simply Wall St.
Is Keppel Infrastructure Trust's (SGX:A7RU) 6.0% ROE Better Than Average?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Insider Monkey
Here are the Reasons Why You Should Hold NVIDIA Corporation (NVDA) for the Long Term
Fred Alger Management, an investment management company, released its “Alger Focus Equity Fund” first quarter 2024 investor letter. A copy of the letter can be downloaded here. US markets performed strongly in Q1, with the S&P Index up 10.56%. Class A shares of the fund outperformed the Russell 1000 Growth Index in the quarter. Information […]
Simply Wall St.
Exploring Three SGX Stocks With Intrinsic Value Discounts Ranging From 43% To 47.2%
Amidst a landscape of heightened vigilance against financial fraud, as highlighted by initiatives from major banks like National Australia Bank, investors in the Singapore market may find reassurance in focusing on fundamentally sound investments. In this context, identifying stocks trading below their intrinsic value can offer a prudent strategy, especially when market conditions underscore the need for careful investment choices.
Reuters
China's central bank has hundreds of billions of yuan of bonds at its disposal to cool long rally
China's central bank has hundreds of billions of yuan worth of bonds at its disposal to borrow, and will sell them depending on market conditions, the bank told Reuters on Friday, part of a plan markets see as an effort to cool a powerful bond rally. The People's Bank of China (PBOC) will borrow the medium- and long-term bonds on an open-ended unsecured basis and sell them depending on market conditions, as it has signed agreements with several major financial institutions regarding bond borrowing, according to the bank. The official remarks come at a time China's sovereign bonds have performed strongly this year, with yields hitting record lows, as a wobbly economy and volatile stock markets pushed savers into fixed-income safe haven investments.
Investing.com
Japanese yen fragile as USDJPY nears 162; intervention in focus
Investing.com-- The Japanese yen steadied near its weakest levels in 38 years on Thursday, with the currency’s latest decline and low liquidity during a U.S. market holiday sparking fresh speculation over government intervention.
Reuters
SNB's Jordan blames Credit Suisse bosses for bank's crash
Credit Suisse's collapse was caused by the bank's management, not by Swiss financial authorities, Swiss National Bank Chairman Thomas Jordan was quoted as saying on Friday. "It was the result of bad decisions by the bank's management," Jordan told newspaper Le Temps in an interview. "The Swiss authorities were well prepared, and we took the necessary measures to avoid a global financial crisis."
The Guardian
Shell to take hit of up to $2bn on Rotterdam and Singapore sites
Oil firm’s warning comes after it had to halt work on Europe’s largest biofuel project and sell refinery in Asia
SmartAsset
I'm About to Retire at 62. How Should I Structure My Portfolio?
For many people, retiring feels like crossing a finish line. You have spent your working years building wealth, and now it's time to manage and spend that money. By and large, this is true – your financial perspective will change significantly once you no longer have a normal stream of income. However, it's important to […] The post I'm 62 and Retiring Soon. How Should I Structure My Portfolio? appeared first on SmartReads by SmartAsset.
BBC
Samsung expects profits to jump by more than 1,400%
The South Korean tech giant is benefiting from the AI boom which has lifted the prices of advanced chips.
Simply Wall St.
Exploring Alternatives To Frasers Property With One Superior SGX Dividend Stock
In the quest for reliable dividend stocks, understanding the trajectory of a company's dividend payouts is essential. In Singapore, where dividends on average increased by 3.7% last year, it's important to identify stocks that consistently maintain or increase their dividends. However, companies like Frasers Property present a cautionary tale with their declining dividend trends, signaling potential risks for income-focused investors.
Moneywise
Step into the shoes of a millionaire: 6 simple habits of wealthy Americans you can follow
Learn to walk the walk.
Yahoo Finance Video
Nvidia downgraded to Neutral by New Street Research. Here's why
Nvidia (NVDA) shares dip in pre-market trading — opening lower in Friday's regular trading hours — after New Street Research downgraded the chipmaker's stock to a Neutral rating. The Morning Brief team examines New Street Research's analyst note that cites "limited further upside" for the semiconductor titan. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
INSIDER
Bankrupt EV start-up Fisker wants to sell its 3,300 unsold electric vehicles at an 80% discount to a company that rents cars to NYC Uber and Lyft drivers
The failed EV manufacturer Fisker wants to sell its inventory to a company that leases vehicles to NYC ride-hailing drivers.
GOBankingRates
3 Things You Must Do If You’re Buying a Home in Retirement
Anyone facing retirement has some decisions to make, not the least of which is where to live. While some retirees remain in their pre-retirement homes, others look to downsize, and some even trade up...
South China Morning Post
Semiconductor, AI firms dominate venture capital deals in China amid government push
China's largest venture capital investments are increasingly coming from technology sectors that align with the government's policy goals, such as artificial intelligence (AI) and semiconductors, even as overall funding continues to plunge, according to a new report. The country contributed 90 per cent of global venture capital investments in the chip sector last year, totalling US$22.2 billion and more than doubling the US$9.5 billion invested in 2022, research firm Preqin said in a report rele
Reuters SG
Hong Kong fines DBS over breaching anti-money laundering rules
The Hong Kong unit of DBS Group Holdings, Singapore's biggest lender, was fined HK$10 million ($1.28 million) by Hong Kong's banking regulator for violating anti-money laundering (AML) and counter-terrorist financing regulations. The disciplinary action comes after an investigation conducted by the Hong Kong Monetary Authority (HKMA), which looked into control failures of DBS Bank (Hong Kong) between April 2012 and April 2019, the regulator said in a statement on Friday.

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UPDATE 1-HF Sinclair plans refineries to run up to 650,000 bpd in Q2 2024

Latest stories

Tennessee man goes from janitor to driving a $3 million Bugatti, calls this asset 'better' than real estate

4 Reliable Singapore Dividend Stocks That I Never Intend to Sell

4 Dividend-Paying Singapore Stocks That Can Help You to Better Prepare for Retirement

Jeff Bezos to sell another $5bn of Amazon shares

Is Keppel Infrastructure Trust's (SGX:A7RU) 6.0% ROE Better Than Average?

Here are the Reasons Why You Should Hold NVIDIA Corporation (NVDA) for the Long Term

Exploring Three SGX Stocks With Intrinsic Value Discounts Ranging From 43% To 47.2%

China's central bank has hundreds of billions of yuan of bonds at its disposal to cool long rally

Japanese yen fragile as USDJPY nears 162; intervention in focus

SNB's Jordan blames Credit Suisse bosses for bank's crash

Shell to take hit of up to $2bn on Rotterdam and Singapore sites

I'm About to Retire at 62. How Should I Structure My Portfolio?

Samsung expects profits to jump by more than 1,400%

Exploring Alternatives To Frasers Property With One Superior SGX Dividend Stock

Step into the shoes of a millionaire: 6 simple habits of wealthy Americans you can follow

Nvidia downgraded to Neutral by New Street Research. Here's why

Bankrupt EV start-up Fisker wants to sell its 3,300 unsold electric vehicles at an 80% discount to a company that rents cars to NYC Uber and Lyft drivers

3 Things You Must Do If You’re Buying a Home in Retirement

Semiconductor, AI firms dominate venture capital deals in China amid government push

Hong Kong fines DBS over breaching anti-money laundering rules