India-based crypto exchange CoinDCX acquires Dubai's BitOasis

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.
Moneywise
Tennessee man goes from janitor to driving a $3 million Bugatti, calls this asset 'better' than real estate
It can be done.
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.
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.
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.
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...
Reuters
BYD's steep EV discounting in Thailand sparks backlash, PM seeks assurances
Thailand's consumer protection agency has received about 70 complaints since initiating a probe into aggressive discounting by BYD dealers that has left some buyers feeling they overpaid for their Chinese electric vehicles. Prime Minister Srettha Thavisin told BYD Chief Executive Wang Chuanfu, who was in Thailand to mark the opening of its first Southeast Asian factory this week and paid a courtesy call to the premier on Friday, to better manage customer expectations about pricing and ensure local buyers were protected. Wang gave assurances that future pricing would be appropriate and affected customers would receive support, according to a government spokesman.
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.
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
Reuters
China steps up pressure with EU brandy probe hearing as EV tariffs begin
BEIJING (Reuters) -China announced the next step in its anti-dumping investigation into European brandy imports on Friday, ramping up tension on the day the European Commission's provisional tariffs on Chinese-made electric vehicles take effect. Ahead of the bloc confirming tariffs of up to 37.6% on Chinese-made EVs on Thursday, a commerce ministry spokesperson told a news conference that Brussels and Beijing should keep negotiating, but kept the prospect of retaliation was alive with a reference to another investigation into EU pork imports.
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."
CNN Business
Saks Fifth Avenue is buying Neiman Marcus with Amazon’s help
Saks Fifth Avenue and Neiman Marcus plan to create a luxury department store empire. And Amazon wants to help.
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.
Reuters Videos
China's BYD opens first EV factory in Southeast Asia
STORY: Step inside BYD's first electric vehicle plant in Thailand.It's part of the Chinese automaker's plan to expand in Southeast Asia, where BYD has become the dominant player.BYD CEO and President Wang Chuanfu."We are convinced that Thailand will have a golden development period for new energy vehicles. China and Thailand are geographically close, culturally close, and economic and trade cooperation is booming. New energy vehicles are not only a bridge between China and Thailand to enhance friendship, but also a link between BYD and Thailand."Thailand is a regional auto assembly and export hub.The country aims to convert 30% of its annual production of 2.5 million vehicles into EVs by 2030.Chinese EV makers clearly like the lure of the Thai government's subsidies and tax incentives.They've invested more than $1.4 billion setting up factories in the country, with BYD's new plant the latest addition.The sprawling facility is worth $490 million.And it will have a production capacity of 150,000 vehicles per year, including plug-in hybrids."It will provide over 10,000 jobs after reaching full capacity."As part of its expansion outside China, the world's largest EV maker is also building its first European production base in Hungary.Although BYD could feel some pain in that particular market.The European Commission has imposed tariffs of up to nearly 38% on Chinese-made EVs.
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.
Simply Wall St.
Even after rising 16% this past week, MYP (SGX:F86) shareholders are still down 61% over the past five years
It is doubtless a positive to see that the MYP Ltd. ( SGX:F86 ) share price has gained some 33% in the last three...
CoinDesk
As Bitcoin Bellyflops to $54K Only Five Mining Rigs Remain Profitable, Says F2Pool
Miners need to continually sell bitcoin rewards to keep operations afloat, and they are stressed during a market downturn.
Simply Wall St.
Beyond, Inc. (NYSE:BYON) is largely controlled by institutional shareholders who own 70% of the company
Key Insights Given the large stake in the stock by institutions, Beyond's stock price might be vulnerable to their...

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India-based crypto exchange CoinDCX acquires Dubai's BitOasis

Latest stories

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

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

Jeff Bezos to sell another $5bn of Amazon shares

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

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

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

BYD's steep EV discounting in Thailand sparks backlash, PM seeks assurances

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

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

China steps up pressure with EU brandy probe hearing as EV tariffs begin

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

Saks Fifth Avenue is buying Neiman Marcus with Amazon’s help

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

China's BYD opens first EV factory in Southeast Asia

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

Exploring Alternatives To Frasers Property With One Superior SGX Dividend Stock

Even after rising 16% this past week, MYP (SGX:F86) shareholders are still down 61% over the past five years

As Bitcoin Bellyflops to $54K Only Five Mining Rigs Remain Profitable, Says F2Pool

Beyond, Inc. (NYSE:BYON) is largely controlled by institutional shareholders who own 70% of the company