Gentherm Wins 2024 Automotive News PACE Innovation Partnership Award

The Smart Investor
DBS, OCBC or UOB: Which of the Three Singapore Banks Should You Buy?
It can be a tough decision to decide between the three big local banks. We simplify the decision by comparing various metrics across the lenders. The post DBS, OCBC or UOB: Which of the Three Singapore Banks Should You Buy? appeared first on The Smart Investor.
MoneySmart
Best Fixed Deposit Rates in Singapore (May 2024)—Rates Up To 3.75%, Minimum Deposits From $500
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 (May 2024)—Rates Up To 3.75%, Minimum Deposits From $500 appeared first on MoneySmart Blog.
Benzinga
Warren Buffett "Guaranteed" He'd Get 50% Annual Returns With Only $1 Million As Berkshire's Cash Hoard Soars To Over $189 Billion
Legendary investor Warren Buffett has long advocated for the average investor to regularly put money in an S&P 500 index fund rather than buying actively managed funds. However, that's not to say he doesn't think massive outperformance isn't possible. As far back as 1999, Mr. Buffett famously said he could achieve 50% annual returns if he had only $1 million to manage, stating, "The highest rates of return I’ve ever achieved were in the 1950s. I killed the Dow. You ought to see the numbers. But
Simply Wall St.
Unveiling 3 SGX Dividend Stocks With Yields Up To 7.4%
As the Singapore market embraces innovation, exemplified by Deutsche Bank joining the Monetary Authority of Singapore's Project Guardian to explore asset tokenization, investors are witnessing a dynamic shift in financial technologies and investment possibilities. In this evolving landscape, dividend stocks remain appealing for their potential to offer steady income streams, particularly when navigating through periods of technological transformation and market adaptation.
Fortune
Overcapacity is a ‘fake concept’, says the international head of a major Chinese carmaker: ‘They don’t know what is happening in my house’
Chinese EV makers are pushing back against the idea that their success in making affordable cars is due to state help.
The Telegraph
Joe Biden has found a new way for electric cars to kill the economy
The price of a slick new BYD will double. The value of tech giant Xiaomi’s new SUV – which will sync with your phone – will go through the roof.
CNN Business
McDonald’s, Apple and Tesla can’t bet on making a fortune in China anymore
For decades, Western companies made a fortune betting on the inexorable rise of the Chinese consumer. Now an economic slump and the emergence of ferocious local competitors means those bets look less safe as price wars erupt.
The Smart Investor
OCBC Launched a Takeover Offer for Great Eastern: Positive or Negative for Investors?
OCBC has made an offer for insurer Great Eastern Holdings. Will this move benefit the lender? The post OCBC Launched a Takeover Offer for Great Eastern: Positive or Negative for Investors? appeared first on The Smart Investor.
Bloomberg
Malaysia's Johor eyes Shenzhen-style hub with Singapore, report says
Malaysia’s Johor state is proposing its economic and petrochemical hubs as the sites for a special zone with neighbour Singapore, as it aims to become the “Shenzhen of Southeast Asia,” according to a report in the Star.
Simply Wall St.
3 High Yield Dividend Stocks On SGX With Returns Up To 6.3%
Amidst the dynamic landscape of the Singapore stock market, investors continue to seek stable and potentially lucrative opportunities, particularly in high-yield dividend stocks. In this context, understanding what constitutes a robust dividend stock can be crucial, especially when navigating through varying economic conditions that influence market performance.
Reuters Videos
Beijing may buy unsold homes to help market: report
STORY: China is considering a plan for local governments nationwide to buy millions of unsold homes. That’s according to Bloomberg on Wednesday, after Communist Party leaders called for efforts to clear mounting housing inventory at a meeting in late April. China’s property sector has been in a deep slump for years, hit by a debt crisis among developers. Cash-strapped private developers, like Country Garden, have halted construction on a large number of new homes that were pre-sold but now cannot be delivered on time. The buyers of these homes, meanwhile, are continuing to pay off their mortgages. Analysts agree there are tens of millions of uncompleted apartments across China. Policy measures since 2022 have failed to turn around the sector, which represents around a fifth of the country’s economy, and the slump remains a major drag on consumer spending and confidence. According to the Bloomberg report, local state-owned enterprises, using loans provided by state banks, would be asked to help purchase unsold homes from distressed developers at steep discounts, many of which would then be converted into affordable housing. Citing people familiar with the matter, the report said that officials in China are currently debating the plan's details and feasibility. China's housing ministry did not respond to Reuters request for comment.
Benzinga
5 REITs That Just Received Price Target Increases
Analysts carry a great deal of weight on Wall Street and help to shape investor sentiment. Analyst upgrades & price target increases are great motivations for investors to buy a stock. Consequently, when an analyst upgrades or maintains a previous rating while increasing the price target, investors may anticipate a boost to the share price. Analysts will often review a particular subsector and then increase price targets on more than one stock within a certain sector. Other times when one analys
Yahoo Finance
Inflation pressures ease in April as consumer prices rise at slowest pace in three months
April's CPI report is one of the most important data points the Federal Reserve will consider in its next interest rate decision.
Reuters
Exclusive-Bank of America banker who died had sought to leave, citing long hours, recruiter says
The 35-year-old Bank of America investment banker who died from a blood clot earlier this month wanted to leave the U.S. bank because he was working more than 100 hours a week, according to an executive recruiter who spoke with him about seeking a new job. Junior banker Leo Lukenas III died of an acute coronary artery thrombus, a type of blood clot, the New York Office of the Chief Medical Examiner said last week. Lukenas said in mid-March that he wanted to leave Bank of America because of the grueling hours, Douglas Walters, a managing partner at GrayFox Recruitment, told Reuters in an interview.
Zacks
Compared to Estimates, Sea Limited (SE) Q1 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Sea Limited (SE) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Reuters
Dollar slips after unexpected rise in US producer prices
NEW YORK/LONDON (Reuters) -The dollar eased on Tuesday after an unexpected increase in U.S. producer prices in April amid strong gains in the costs of goods and services, indicating inflation remained stubbornly high early in the second quarter. The report from the Labor Department also showed wholesale goods prices rising solidly last month, though the cost of food declined. Traders trimmed their expectations for the Federal Reserve to cut interest rates in September after the report.
Reuters
Strong services fan US producer inflation in April
U.S. producer prices increased more than expected in April amid strong gains in the costs of services like portfolio management and hotel accommodation, indicating that inflation remained stubbornly high early in the second quarter. The report from the Labor Department on Tuesday also showed wholesale goods prices rising solidly last month, though the cost of food declined. It followed recent surveys showing an increase in inflation expectations, prompting traders to trim bets for a September interest rate cut from the Federal Reserve.
Benzinga
Warren Buffett Says Tesla Achieving Full Self-Driving Would Be "Good For Society And Bad For Insurance Companies Volume"
Berkshire Hathaway Inc. (NYSE:BRK) had its annual meeting earlier this month, and Warren Buffett continued to share his wealth of knowledge on the company, investing, and modern events. At one point, the legendary investor talked about leading electric vehicle maker Tesla Inc., commenting specifically on their recent pivot to releasing robotaxis and a true fully self-driving technology. While Tesla isn't the only company that has self-driving software, it is one of the most advanced. But it's st
Reuters SG
UPDATE 3-Singapore Airlines posts record annual profit, flags challenging macro
Singapore Airlines on Wednesday posted a record annual profit and raised its dividend, reflecting strong travel demand in North Asia, but flagged geopolitical woes, supply chain snags and fierce competition as challenges facing the sector. Singapore Airlines said the demand for air travel remained "healthy" in the first quarter of fiscal 2024-2025 on the back of a pick up in forward bookings in North and South East Asia. It also declared a final dividend of 38 Singapore cents apiece, higher than the 28 Singapore cents a year ago.
MoneySmart
Best Bank Offers in Singapore (May 2024): $158 Singapore Airlines Flights, Win $12,000 NTUC shopping vouchers, and More
Everybody loves credit card sign-up promotions, but not many of us realise the promotions don’t end with a welcome gift. Banks actually shower us with tons of lifestyle deals and... The post Best Bank Offers in Singapore (May 2024): $158 Singapore Airlines Flights, Win $12,000 NTUC shopping vouchers, and More appeared first on MoneySmart Blog.

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Gentherm Wins 2024 Automotive News PACE Innovation Partnership Award

Latest stories

DBS, OCBC or UOB: Which of the Three Singapore Banks Should You Buy?

Best Fixed Deposit Rates in Singapore (May 2024)—Rates Up To 3.75%, Minimum Deposits From $500

Warren Buffett "Guaranteed" He'd Get 50% Annual Returns With Only $1 Million As Berkshire's Cash Hoard Soars To Over $189 Billion

Unveiling 3 SGX Dividend Stocks With Yields Up To 7.4%

Overcapacity is a ‘fake concept’, says the international head of a major Chinese carmaker: ‘They don’t know what is happening in my house’

Joe Biden has found a new way for electric cars to kill the economy

McDonald’s, Apple and Tesla can’t bet on making a fortune in China anymore

OCBC Launched a Takeover Offer for Great Eastern: Positive or Negative for Investors?

Malaysia's Johor eyes Shenzhen-style hub with Singapore, report says

3 High Yield Dividend Stocks On SGX With Returns Up To 6.3%

Beijing may buy unsold homes to help market: report

5 REITs That Just Received Price Target Increases

Inflation pressures ease in April as consumer prices rise at slowest pace in three months

Exclusive-Bank of America banker who died had sought to leave, citing long hours, recruiter says

Compared to Estimates, Sea Limited (SE) Q1 Earnings: A Look at Key Metrics

Dollar slips after unexpected rise in US producer prices

Strong services fan US producer inflation in April

Warren Buffett Says Tesla Achieving Full Self-Driving Would Be "Good For Society And Bad For Insurance Companies Volume"

UPDATE 3-Singapore Airlines posts record annual profit, flags challenging macro

Best Bank Offers in Singapore (May 2024): $158 Singapore Airlines Flights, Win $12,000 NTUC shopping vouchers, and More