NETS appoints new CEO for subsidiary company

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.
Bloomberg
6 family office funds tied to Singapore launder case got tax breaks
Six single family office funds linked to a S$3 billion money laundering case in Singapore have received tax incentives from the Monetary Authority of Singapore.
Benzinga
Palantir's Peter Thiel Says It's 'Very Strange' That Most Money In AI Is Being Made By Only One Company
Last week, while appearing at the Aspen Ideas Festival, Palantir Technologies (NYSE:PLTR) co-founder Peter Thiel shared his insights on artificial intelligence, Nvidia Corp. (NASDAQ:NVDA), and ChatGPT-parent OpenAI. Don't Miss: Amid the ongoing EV revolution, previously overlooked low-income communities now harbor a huge investment opportunity at just $500. This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, and you only need $100. What Happened: During the fes
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.
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.
CNN Business
Chinese government bonds are on fire. That’s ringing alarm bells in Beijing
Money is rushing into Chinese government bonds, sending their prices soaring as investors hunt for a safer alternative to real estate and stocks. Beijing is worried about a bust that could bring down some banks.
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.
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.
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.
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.
Singapore SGX Showcases Three Key Dividend Stocks
As global markets navigate through varying economic climates, the Singapore Exchange (SGX) remains a focal point for investors seeking stability and consistent returns. In this context, dividend stocks often emerge as attractive options due to their potential to provide steady income streams. In light of current market conditions, a good dividend stock typically features robust fundamentals and a history of resilient performance across economic cycles, aligning well with the needs of...
Insider Monkey
Why Is PayPal Holdings, Inc. (PYPL) the Best Undervalued Stock to Buy Now?
We recently compiled a list of the 10 Best Undervalued Stocks To Buy Now. In this article, we are going to take a look at where PayPal Holdings, Inc. (NASDAQ:PYPL) stands against the other undervalued stocks. Demographic Shifts and AI Innovation: A Bullish Case For the US Market In the prior couple of years, experts […]
Simply Wall St.
July 2024 SGX Dividend Stocks Analysis
As the Singapore market navigates through evolving global financial landscapes, investors are keenly observing trends and performances across various sectors. In this context, understanding the attributes of resilient dividend stocks becomes crucial, especially in a climate marked by technological advancements and security enhancements in banking practices.
CoinDesk
Kamala Harris' Odds of Winning Democratic Nomination Surge on Polymarket
Supporters are calling on the vice president to step up following boss Biden's doddering debate debacle.
Insider Monkey
Here’s Why Billionaire Leon Cooperman Loves Sea Limited (NYSE:SE)
We recently published a list of the 10 Best Stock Picks of Billionaire Leon Cooperman in 2024. Since Sea Limited (NYSE:SE) ranks 10th on the list, it deserves a deeper look. Billionaire Leon Cooperman predicted in April that the US is headed for a financial crisis. Cooperman said that the Federal Reserve kept interest rates near zero, but […]
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.
Thomson Reuters StreetEvents
Q1 2024 Polestar Automotive Holding Uk Plc Earnings Call
Q1 2024 Polestar Automotive Holding Uk Plc Earnings Call
Barrons.com
Crypto Pain for Bitcoin and Ether as Strong Dollar and Markets Take Toll
The largest cryptocurrency fell back below $61,000 early Wednesday. It hit a record high near $74,000 in mid-March amid a surge of interest from new spot exchange-traded funds.
Simply Wall St.
SGX Stocks Estimated To Be Undervalued In July 2024
The Singapore stock market has shown resilience amidst global economic uncertainties, maintaining a steady trajectory that captures the attention of investors looking for stability. As the market navigates through these conditions, identifying undervalued stocks becomes crucial for those aiming to capitalize on potential opportunities for growth and value.
Reuters
Dollar on the defensive after soft data, little relief for yen
The dollar was on the back foot on Thursday after U.S. economic data continued to point to slowing growth, although that gave little relief to the yen, which was pinned around a 38-year low that kept the market on alert for government intervention. Softer-than-expected U.S. economic data on Wednesday, including a weak services report and ADP employment report, depicted a slowing economy, following an increase in initial applications for U.S. unemployment benefits last week. "Slowly but surely, what we're starting to see is a bit of a turn in the U.S. economic data flow," said Rodrigo Catril, senior currency strategist at National Australia Bank (NAB).

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NETS appoints new CEO for subsidiary company

Latest stories

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

6 family office funds tied to Singapore launder case got tax breaks

Palantir's Peter Thiel Says It's 'Very Strange' That Most Money In AI Is Being Made By Only One Company

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

Japan's new banknotes spell pain for small firms

Chinese government bonds are on fire. That’s ringing alarm bells in Beijing

Homegrown Wealth: 5 Singapore REITs to Consider for Your Watchlist

4 Dividend-Paying Singapore Stocks That Can Help You to Better Prepare for Retirement

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

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

Singapore SGX Showcases Three Key Dividend Stocks

Why Is PayPal Holdings, Inc. (PYPL) the Best Undervalued Stock to Buy Now?

July 2024 SGX Dividend Stocks Analysis

Kamala Harris' Odds of Winning Democratic Nomination Surge on Polymarket

Here’s Why Billionaire Leon Cooperman Loves Sea Limited (NYSE:SE)

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

Q1 2024 Polestar Automotive Holding Uk Plc Earnings Call

Crypto Pain for Bitcoin and Ether as Strong Dollar and Markets Take Toll

SGX Stocks Estimated To Be Undervalued In July 2024

Dollar on the defensive after soft data, little relief for yen