MOVES-China-Base to start Singapore oil desk with ex-Mercuria trader Li

Moneywise
Warren Buffett said that he could end America's deficit problem 'in five minutes' — here's what he would do
The Oracle of Omaha has a simple solution.
Simply Wall St.
Boustead Singapore's (SGX:F9D) Shareholders Will Receive A Bigger Dividend Than Last Year
Boustead Singapore Limited ( SGX:F9D ) will increase its dividend from last year's comparable payment on the 27th of...
Reuters
Former ASML CEO says US-China chip fight will continue
The recently retired CEO of semiconductor equipment maker ASML said in an interview with Dutch radio station BNR on Saturday that U.S.-China disputes over computer chips are ideological and not based on facts, and they are set to continue. Wennink left in April after a ten year term at the helm of ASML that saw it become Europe's largest technology firm. Since 2018, the U.S. has imposed increasing restrictions on what tools the company can export to China, its second-largest market after Taiwan, citing security concerns.
RFI
Carmakers unhappy after EU hits China with tariffs on electric vehicles
The European Union has slapped extra provisional duties of up to 38 percent on Chinese electric car imports because of "unfair" state subsidies, despite Beijing's warnings the move would unleash a trade war. But company reps in both China and Europe are critical of the steps. Brussels launched an investigation last year into Chinese electric vehicle manufacturers to probe whether state subsidies were unfairly undercutting European automakers.Since announcing the planned tariff hike last month, o
Moneywise
Is the $1M nest egg irrelevant? 81% of retirees 65-plus with $50K-$100K in savings say they're living decently
There’s no one-size-fits-all plan for retirement.
The Telegraph
Apple unfairly sacked analyst who took secret photos of female colleague
Apple unfairly sacked an employee at its London headquarters who took secret photos of a female colleague and shared them with other staff, a judge has ruled.
South China Morning Post
In China's Guangzhou, a web of factories gives rise to fast-fashion juggernaut Shein
The mercantile history of Guangzhou, the city once called Canton that is about two hours' drive from Hong Kong, can be traced back to Wu Bingjian, one of the richest men to have ever lived on Earth. Better known among foreigners as Howqua, the 18th-century merchant accumulated enormous wealth running one of the 13 trading houses, or hong, that were granted exclusive rights by the Manchu rulers in Peking to sell tea, porcelain, silk and other exotic goods to Westerners, until the Opium War shatte
Moneywise
Charlie Munger had snarky words for get-rich gurus — how he urged investors to build wealth instead
The late billionaire didn’t hold his punches.
Moneywise
‘No one should have to go through this’: Single mom in NC took Airbnb squatters to court and won
The guests were served an eviction notice days ago.
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.
The Telegraph
How the ‘junkification’ of Amazon sparked a race to the bottom against China
Need to buy a paintbrush? You might start in the same place millions of shoppers do every day: by opening the Amazon app. In the search results you will find a baffling array of brushes, sold by brands such as CNMTCCO, HTHL and Skaaisont, all largely indistinguishable from one another.
Reuters
Revolut CEO to sell part of stake in $500 million share sale, Sky News reports
The Financial Times reported last month that the digital finance app is working with bankers on the share sale, including shares held by employees, which could value it at more than $40 billion. The size of Storonsky's stake in the company is unclear, the report added, and the scale of any disposal would depend on the valuation that Revolut is able to attract from new investors as well as final allocation decisions by the company. Revolut declined to comment when contacted by Reuters.
Simply Wall St.
Investors in DRB-HICOM Berhad (KLSE:DRBHCOM) have unfortunately lost 39% over the last five years
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
GOBankingRates
Retirement Planning: How Much the Average 65-Year-Old Retiree Spends Monthly
As people get closer to their 60s, they often think about transitioning into retirement -- and doing so comes with an adjustment to the budget. While every individual has different spending habits...
Fortune
S&P 500 investors vs. actively managed funds: 2024 is an even better year for buying and holding the index
According to data from Morningstar Direct, just 18.2% of actively managed funds whose primary prospectus benchmark is the S&P 500 are outperforming the index in the first half of this year.
SETHLUI.COM
1.5 million Singaporeans to get up to S$850 GST vouchers as cash in Aug
The post 1.5 million Singaporeans to get up to S$850 GST vouchers as cash in Aug appeared first on SETHLUI.com.
The Smart Investor
SATS and SIA Engineering Are Seeing an Aviation Recovery: Can Their Share Prices Soar to Greater Heights?
The aviation and travel demand recovery has benefitted a slew of aviation-related companies. Can their share prices hit a new high? The post SATS and SIA Engineering Are Seeing an Aviation Recovery: Can Their Share Prices Soar to Greater Heights? appeared first on The Smart Investor.
Barrons.com
Tesla Stock Shoots Past Wall Street Price Targets. Where It Goes Next.
The stock’s gains have left shares about 26% higher than the average analyst target price complied by FactSet. That’s nothing new for the EV-maker’s shares.
Simply Wall St.
Investors in Interpublic Group of Companies (NYSE:IPG) have unfortunately lost 22% over the last year
The simplest way to benefit from a rising market is to buy an index fund. But if you buy individual stocks, you can do...
GOBankingRates
Cutting Out These 7 Expenses Can Save You $5,400 Per Year
Most Americans know household expenses quickly add up, and they seek ways to cut excessive expenses from their budget. Read More: 7 Appliances Frugal Homeowners Steer Clear Of Check Out: How To Get...

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MOVES-China-Base to start Singapore oil desk with ex-Mercuria trader Li

Latest stories

Warren Buffett said that he could end America's deficit problem 'in five minutes' — here's what he would do

Boustead Singapore's (SGX:F9D) Shareholders Will Receive A Bigger Dividend Than Last Year

Former ASML CEO says US-China chip fight will continue

Carmakers unhappy after EU hits China with tariffs on electric vehicles

Is the $1M nest egg irrelevant? 81% of retirees 65-plus with $50K-$100K in savings say they're living decently

Apple unfairly sacked analyst who took secret photos of female colleague

In China's Guangzhou, a web of factories gives rise to fast-fashion juggernaut Shein

Charlie Munger had snarky words for get-rich gurus — how he urged investors to build wealth instead

‘No one should have to go through this’: Single mom in NC took Airbnb squatters to court and won

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

How the ‘junkification’ of Amazon sparked a race to the bottom against China

Revolut CEO to sell part of stake in $500 million share sale, Sky News reports

Investors in DRB-HICOM Berhad (KLSE:DRBHCOM) have unfortunately lost 39% over the last five years

Retirement Planning: How Much the Average 65-Year-Old Retiree Spends Monthly

S&P 500 investors vs. actively managed funds: 2024 is an even better year for buying and holding the index

1.5 million Singaporeans to get up to S$850 GST vouchers as cash in Aug

SATS and SIA Engineering Are Seeing an Aviation Recovery: Can Their Share Prices Soar to Greater Heights?

Tesla Stock Shoots Past Wall Street Price Targets. Where It Goes Next.

Investors in Interpublic Group of Companies (NYSE:IPG) have unfortunately lost 22% over the last year

Cutting Out These 7 Expenses Can Save You $5,400 Per Year