Kaiser Permanente to sell private-fund stakes due to cash constraints, WSJ says

MoneySmart
Best Fixed Deposit Rates in Singapore (Jul 2024)—Rates Up To 3.7%, 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 (Jul 2024)—Rates Up To 3.7%, Minimum Deposits From $500 appeared first on MoneySmart Blog.
The Smart Investor
Share Prices of These 5 Singapore Blue-Chip Stocks Are Hitting Their 52-Week Lows: Are They a Bargain?
The share prices of these five blue-chip stocks are touching a year-low. Could they be worth your attention? The post Share Prices of These 5 Singapore Blue-Chip Stocks Are Hitting Their 52-Week Lows: Are They a Bargain? appeared first on The Smart Investor.
Fortune
Steve Ballmer, who was once Bill Gates’ assistant, is now richer than his onetime mentor
Ballmer was employee No. 30 at Microsoft but got most of his wealth from a sweetheart deal.
INSIDER
Russia's war-driven economy is so hot that the World Bank upgraded it to a 'high-income country'
Russia's trade rebounded by nearly 7% last year, while activities in the financial sector and construction grew by 6.6% and 3.6% respectively.
The Smart Investor
4 Singapore Stocks Smashing New 52-Week Highs This Year: Should They Be in Your Portfolio?
These four stocks are hitting their 52-week highs but should they be included in your investment portfolio? The post 4 Singapore Stocks Smashing New 52-Week Highs This Year: Should They Be in Your Portfolio? appeared first on The Smart Investor.
Benzinga
Charlie Munger Said He And Warren Buffett Always Self-Insure — You Should Too If You Can Afford It: 'Don't Pay For The Other Fellow's Fraud'
Just months before his passing at the ripe old age of 99, Charlie Munger, the ever-sharp vice chairman of Berkshire Hathaway, shared some valuable insights with the public. During the 2023 Daily Journal shareholder meeting, Munger responded to a question from CNBC's Becky Quick about the trend of large companies, including Meta, opting for self-insurance against various liabilities. Quickly inquired about the potential systemic issues this trend could cause and sought Munger's thoughts. Don't Mi
CNN Business
The world is sitting on a $91 trillion problem. ‘Hard choices’ are coming
Governments owe an unprecedented $91 trillion, an amount almost equal to the size of the global economy and one that will ultimately exact a heavy toll on their populations.
Barrons.com
Nvidia Stock Breaks Losing Streak. What’s Worrying the Market.
The launch of Nvidia's Blackwell chips will test the ability of its suppliers and customers to deal with the infrastructure challenges associated with even more powerful chips.
The Smart Investor
Homegrown Wealth: 5 Singapore REITs to Consider for Your Watchlist
Due to unfavourable foreign exchange conversions, economic slowdowns, and home bias, investors prefer to invest in Singapore REITs that generate most or all of their income locally. Here are five to consider for your portfolio. The post Homegrown Wealth: 5 Singapore REITs to Consider for Your Watchlist appeared first on The Smart Investor.
Simply Wall St.
Avoid Metro Holdings On SGX And Explore This One Attractive Dividend Stock Instead
Dividend-paying stocks are often sought after for their potential to provide a steady income stream. However, it's crucial to examine the sustainability of these dividends. Companies like Metro Holdings, with high payout ratios, may indicate that their dividends could be at risk, making them less attractive for long-term investment stability.
Yahoo Finance
Stock market today: Nasdaq leads gains to kick off new quarter as Tesla pops 6%
Political turmoil in France gripped investors weighing whether stocks can build on their stellar first-half performance.
GOBankingRates
I’m a Financial Expert: 5 Signs You’re Financially Ready for Retirement in 2024
For many people, retirement may seem like a far-off accomplishment, a glorious place that looms over a distant horizon. However, you might be in a position to close the gap and round the curve into...
Zacks
Broadcom Up 24% in a Month: How to Play AVGO Ahead of Split?
Broadcom's (AVGO) strong portfolio and expanding AI offerings make its top-line growth prospects bright.
Reuters Videos
Japan's new banknotes spell pain for small firms
STORY: Japan is getting its first new banknotes in 20 years. The fresh designs entered circulation on Wednesday, featuring technology meant to beat counterfeiters. Some 7.5 billion of the bills will be printed this fiscal year. But they won’t be a welcome sight for many small businesses. Because Japan is a country that still loves cash, and payment by machine. It’s the usual way at places like this Tokyo noodle joint. Boss Shintaro Sekiguchi has had to upgrade the payment machines at his three branches, and he says that’s a big cost for a small business: "The unit price of a bowl of ramen is not that high, so running the shop for a day or two would hardly pay for the replacement. It’s a huge burden for me to have to upgrade the ticket machines like this.”In all, he says it’s cost him about 600,000 yen, or around $3,700, while doing nothing to boost sales. Sekiguchi says upgrading to machines that also allow card payments was even more costly, and beyond his budget. Such factors mean only around half of restaurant ticket systems are ready for the change. Japan is a land of vending machines too. It’s thought around 80% of the country’s 2.2 million drink dispensers will need an upgrade. However, most ATMs, train ticket machines and retail cash registers are ready. And some companies definitely aren’t complaining. Takemori Kawanami is an executive at Elcom, which makes ticket machines. He says it could take until the end of the year to meet all the demand.
Fortune
Wall Street veteran Sallie Krawcheck built Ellevest into a $2 billion juggernaut that creates wealth for women. Her advice? ‘Know where the power is’
"Go to the power, know the numbers, and do not be afraid to stand out and take a stand."
FX Empire
USD/JPY Forecast – US Dollar Continues to See Strength Against The Yen
The US dollar continues to see a lot of upward pressure at this point in time, as the market continues to focus on the overall interest rate differential, as you get paid at the end of every day you hold it.
WSJ
Chinese Imports Are Rising Again. Here’s What It Means for U.S. Jobs
Cheap Chinese goods helped keep inflation low in the early 2000s, but at the cost of U.S. manufacturing. As those imports surge again, here’s what’s changed and what it means for American jobs.
Simply Wall St.
Constellation Energy (NASDAQ:CEG) Might Have The Makings Of A Multi-Bagger
There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
AFP News
Sri Lanka to save $5bn from bilateral debt deal
Sri Lanka will save $5 billion following the restructuring of its bilateral debt, much of which is owed to China, through slashed interest rates and longer repayment schedules, the president said Tuesday."With the restructure measures we have agreed, we will make a saving of $5.0 billion," Wickremesinghe told parliament in his first address to the legislature since the debt deal.
Reuters
Powell sparks optimism on rate cuts
It was a risk-on session in Asia, with European bourses poised for a similar start in the wake of comments by Fed Chair Powell, with investors buoyed by reinforced expectations that rate cuts are just around the corner in the U.S. The fallout of the French election will remain in the spotlight as opponents of France's National Rally stepped up their bid to block the far-right party from power in Sunday's run-off election. Powell stating that the U.S. is back on a "disinflationary path" was enough to put the dollar on the defensive, with Treasury yields lower even though he cautioned that more data is needed before policymakers could consider cutting rates.

Straits Times Index

S&P 500

Dow

Nasdaq

Bitcoin USD

CMC Crypto 200

FTSE 100

Gold

Crude Oil

10-Yr Bond

Nikkei

Hang Seng

FTSE Bursa Malaysia

Jakarta Composite Index

PSE Index

Kaiser Permanente to sell private-fund stakes due to cash constraints, WSJ says

Latest stories

Best Fixed Deposit Rates in Singapore (Jul 2024)—Rates Up To 3.7%, Minimum Deposits From $500

Share Prices of These 5 Singapore Blue-Chip Stocks Are Hitting Their 52-Week Lows: Are They a Bargain?

Steve Ballmer, who was once Bill Gates’ assistant, is now richer than his onetime mentor

Russia's war-driven economy is so hot that the World Bank upgraded it to a 'high-income country'

4 Singapore Stocks Smashing New 52-Week Highs This Year: Should They Be in Your Portfolio?

Charlie Munger Said He And Warren Buffett Always Self-Insure — You Should Too If You Can Afford It: 'Don't Pay For The Other Fellow's Fraud'

The world is sitting on a $91 trillion problem. ‘Hard choices’ are coming

Nvidia Stock Breaks Losing Streak. What’s Worrying the Market.

Homegrown Wealth: 5 Singapore REITs to Consider for Your Watchlist

Avoid Metro Holdings On SGX And Explore This One Attractive Dividend Stock Instead

Stock market today: Nasdaq leads gains to kick off new quarter as Tesla pops 6%

I’m a Financial Expert: 5 Signs You’re Financially Ready for Retirement in 2024

Broadcom Up 24% in a Month: How to Play AVGO Ahead of Split?

Japan's new banknotes spell pain for small firms

Wall Street veteran Sallie Krawcheck built Ellevest into a $2 billion juggernaut that creates wealth for women. Her advice? ‘Know where the power is’

USD/JPY Forecast – US Dollar Continues to See Strength Against The Yen

Chinese Imports Are Rising Again. Here’s What It Means for U.S. Jobs

Constellation Energy (NASDAQ:CEG) Might Have The Makings Of A Multi-Bagger

Sri Lanka to save $5bn from bilateral debt deal

Powell sparks optimism on rate cuts