Blackstone to Present at Bernstein’s 40th Annual Strategic Decisions Conference

The Smart Investor
4 Singapore Blue-Chip Stocks with the Potential to Grow Their Profits
Here are four blue-chip stocks that may see their profits rising in due course. The post 4 Singapore Blue-Chip Stocks with the Potential to Grow Their Profits appeared first on The Smart Investor.
The Smart Investor
Are Singapore REITs Attractive Right Now? Here are 4 Factors You Should Watch Out for
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.
Simply Wall St.
City Developments (SGX:C09) investors are sitting on a loss of 19% if they invested five years ago
Ideally, your overall portfolio should beat the market average. But in any portfolio, there will be mixed results...
Reuters
KKR-SingTel consortium frontrunner to buy $1 billion stake in data centre provider, sources say
A consortium of U.S. investment firm KKR and Singapore Telecommunications (SingTel) has emerged as the frontrunner to buy a minority stake worth $1 billion in one of Asia's biggest data centre providers, two sources said. The potential investment in ST Telemedia Global Data Centres (STT GDC) reflects growing interest and demand for data centres across Asia Pacific as nations and companies respond to the boom in artificial intelligence.
The Smart Investor
5 Singapore Stocks That Increased Their Dividends by 20% or More
Gunning for higher dividends? Here are five stocks that upped their dividends by 20% or more. The post 5 Singapore Stocks That Increased Their Dividends by 20% or More appeared first on The Smart Investor.
The Edge Singapore
Seatrium reports net order book of $25.8 bil in 1QFY2024 business update
Shares in Seatrium closed 18 cents higher or 11.69% up at $1.72 on May 27.
Barrons.com
Bitcoin Slips. Why the Market Is Nervous.
Bitcoin prices slip after a number of wallets linked to Mt. Gox moved billions worth of Bitcoin into a single wallet Tuesday.
Reuters
Japan net external assets hit record high in 2023, remains world's top creditor
Japan's net external assets rose to a record 471.3 trillion yen ($3 trillion) in 2023, increasing for a sixth straight year, as a weak yen and overseas corporate acquisitions boosted the value of its foreign assets, the Ministry of Finance said on Tuesday. As a result, Japan retained its position as the world's top creditor, followed by Germany with 454.8 trillion of net external assets and China with 412.7 trillion yen as of the end of 2023, according to the ministry. A weak yen, coupled with a rise in direct investment overseas, helped Japan post a 51 trillion yen annual increase in the value of net external assets held by the Japanese government, businesses and individuals.
Reuters
Bond yields climb, stocks under pressure as Fed cut doubts resurface
TOKYO (Reuters) -U.S. Treasury yields pushed to a near four-week peak on Wednesday, lifting their Asia-Pacific counterparts and the dollar while pressuring equities, as data sowed new doubts about the timing and extent of Federal Reserve rate cuts. Benchmark U.S. 10-year yields ticked up as high as 4.568% in Tokyo trading hours, a level not seen since May 3, following poorly received two- and five-year Treasury auctions overnight. Investors were also caught off-guard by a sharp improvement in a U.S. consumer confidence measure for May. Economists had predicted a fourth straight month of weaker confidence, particularly after a tepid reading for the University of Michigan's analogous survey result from Friday.
AFP News
Oil rises, stock markets mixed before key inflation data
Oil prices rose Tuesday on tensions in the Middle East while stock markets wavered as investors awaited key inflation data later this week. "Risk sentiment has faltered in recent weeks, and global stock markets have experienced a mild sell off as the focus shifts to a plethora of economic data that is released this week," said XTB research director Kathleen Brooks.
Benzinga
Jeff Bezos Tells Investors, 'A Single Winning Bet Can More Than Cover The Cost Of Many Losers' — All You Need Is One Win
Jeff Bezos, one of the wealthiest and most successful individuals, often shared valuable lessons in his annual letters to Amazon shareholders before retiring as CEO. While these letters focused on Amazon, they also provided universal insights applicable to investors everywhere. A key piece of advice from Bezos' 2018 letter encapsulates his approach to risk and reward. He wrote, "The good news for shareowners is that a single big winning bet can more than cover the cost of many losers." This stat
Investing.com
Alibaba Health surges 13% on strong FY earnings
Investing.com-- Shares of Alibaba Health Information Technology (HK:0241) rose sharply on Tuesday after the firm clocked a sharp jump in its annual earnings on improved margins and strong demand for healthcare services and pharmaceuticals on its platforms.
AFP News
Stocks fall on rates outlook; oil rises on attack
Asian and European stock markets slid Wednesday on worries over the global interest-rate outlook, while oil extended gains after an attack on a ship in the Red Sea stoked worries about crude supplies.In commodities on Wednesday, oil prices rose further on geopolitical concerns after a bulk carrier was attacked in the Red Sea, a key waterway for shipping and particularly crude.
Barrons.com
Nvidia Stock Got an Elon Musk Boost. It’s Narrowing the Valuation Gap With Apple.
Elon Musk’s xAI says it raised $6 billion in its latest funding round. Plenty of that cash should flow to Nvidia.
Simply Wall St.
Olam Group (SGX:VC2) investors are sitting on a loss of 15% if they invested five years ago
Olam Group Limited ( SGX:VC2 ) shareholders should be happy to see the share price up 27% in the last quarter. But if...
South China Morning Post
Hong Kong's rich turn to alternative assets for diversification, returns after stocks and property underperform: survey
Nearly 90 per cent of the high-net-worth investors in Hong Kong intend to increase allocations to alternative assets in pursuit of greater diversification and returns, according to a survey by Endowus. Investors have "reestablished" their view that bonds are an important component in diversified or income-generating portfolios after the US Federal Reserve raised interest rates 11 times from 2022 to 2023, the digital wealth adviser said in its inaugural Private Wealth Insights report published on
Benzinga
FED Warns Against Rising Delinquency Rates, Calls It A "Leading Indicator That Things Are About To Get Worse"
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
Reuters
Rupee lingers in narrow band even as most Asian currencies inch up
The Indian rupee was little changed on Tuesday, unable to gain from an uptick in most Asian peers, with traders anticipating rangebound moves until the outcome of India's general election. The dollar index dipped 0.1% to 104.4 while most Asian currencies rose, with the Korean won up 0.6%, leading gains. Analysts expect the rupee to mostly trade sideways heading into the India's election results, due on June 4.
The Edge Singapore
The Hour Glass reports lower net profit of $157.6 mil for FY2024, after change in New Zealand's tax regulation
Michael Tay, group managing director said that the FY2024 results reflect a cooling-off period in the high-end watch industry.
Reuters
Meme stock GameStop climbs after raising $933 million in share sales
The stock has since lost 70% of its value up to Friday's close, taking GameStop's market value to $5.82 billion. Earlier this month, GameStop said it expected its first-quarter net sales to drop to between $872 million and $892 million, from $1.24 billion a year ago. About 20.5% of GameStop's publicly available shares were in a short position, data from analytics firm Ortex Technologies showed.

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Blackstone to Present at Bernstein’s 40th Annual Strategic Decisions Conference

Latest stories

4 Singapore Blue-Chip Stocks with the Potential to Grow Their Profits

Are Singapore REITs Attractive Right Now? Here are 4 Factors You Should Watch Out for

City Developments (SGX:C09) investors are sitting on a loss of 19% if they invested five years ago

KKR-SingTel consortium frontrunner to buy $1 billion stake in data centre provider, sources say

5 Singapore Stocks That Increased Their Dividends by 20% or More

Seatrium reports net order book of $25.8 bil in 1QFY2024 business update

Bitcoin Slips. Why the Market Is Nervous.

Japan net external assets hit record high in 2023, remains world's top creditor

Bond yields climb, stocks under pressure as Fed cut doubts resurface

Oil rises, stock markets mixed before key inflation data

Jeff Bezos Tells Investors, 'A Single Winning Bet Can More Than Cover The Cost Of Many Losers' — All You Need Is One Win

Alibaba Health surges 13% on strong FY earnings

Stocks fall on rates outlook; oil rises on attack

Nvidia Stock Got an Elon Musk Boost. It’s Narrowing the Valuation Gap With Apple.

Olam Group (SGX:VC2) investors are sitting on a loss of 15% if they invested five years ago

Hong Kong's rich turn to alternative assets for diversification, returns after stocks and property underperform: survey

FED Warns Against Rising Delinquency Rates, Calls It A "Leading Indicator That Things Are About To Get Worse"

Rupee lingers in narrow band even as most Asian currencies inch up

The Hour Glass reports lower net profit of $157.6 mil for FY2024, after change in New Zealand's tax regulation

Meme stock GameStop climbs after raising $933 million in share sales