OpenText to lay off nearly 1,200 employees

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.
Moneywise
Tennessee man goes from janitor to driving a $3 million Bugatti, calls this asset 'better' than real estate
It can be done.
GOBankingRates
I Retired in My 50s: 5 Expenses You Should Eliminate Now If You Want To Do the Same
Did you know that 74% of Americans say that they are stressed about money? Money is a hot topic, especially with issues like unaffordable housing, lack of savings, high interest rates and rising debt...
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.
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...
Insider Monkey
Jim Cramer Says Palantir Technologies Inc (NYSE:PLTR) is like a ‘Giant Black Box’
We recently published a list of Jim Cramer’s Latest Stock Portfolio: Top 10 Recommendations. Since Palantir Technologies Inc (NYSE:PLTR) ranks 4th on the list, it deserves a deeper look. Jim Cramer in a latest program talked about the concept of “suitability” of stocks in investing, which emphasizes the importance of picking individual stocks based on your […]
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 […]
Yahoo Finance
June jobs report: US labor market adds 206,000 jobs, unemployment rate rises to 4.1%
The June jobs report comes at a crucial moment as economists debate whether the US labor market is still normalizing to pre-pandemic levels or showing the early signs of a broader slowdown.
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
The Hill
Nvidia’s rapid rise hits ‘bumps in the road’
After blowing past a $3 trillion market capitalization and briefly becoming the most valuable company in the world last month, Nvidia has lost and regained hundreds of billions of dollars in value in recent days. While the chipmaker’s volatility has sparked some concerns about the sustainability of the stock market’s artificial intelligence (AI) boom, experts…
Benzinga
How To Earn $500 A Month From Nvidia Stock
NVIDIA Corporation (NASDAQ:NVDA) shares closed higher on Wednesday, driven by strength in the chip stock sector. Former House Speaker Nancy Pelosi (D-Calif.) is one of the most closely watched members of Congress for stock trading activity, largely due to the significant purchases made by her husband, Paul Pelosi. On June 26, Paul Pelosi bought 10,000 shares of NVIDIA, with the purchase valued between $1 million and $5 million. Over the past six months, NVIDIA's stock has surged by more than 161
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.
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."
Reuters
US inflation easing, job market similar to pre-pandemic conditions, Fed report says
(Reuters) -Inflation is easing and the job market has returned to the "tight but not overheated" situation seen before the COVID-19 pandemic threw the U.S. economy into disarray, the Federal Reserve said on Friday in a report to Congress that documented the steady emergence of more normal conditions in the aftermath of the health crisis. "Inflation eased notably last year and has shown modest further progress so far this year," the Fed said in its latest Monetary Policy Report to Congress, noting that in the key area of housing services it is likely just a matter of time before the pace of price increases settles back to where it was before the health crisis. "Labor demand has eased, as job openings have declined in many sectors of the economy, and labor supply has continued to increase, supported by a strong pace of immigration."
South China Morning Post
China's yuan, central bank performing well under stress, but US Fed rates adding to pressures
Prolonged high interest rates in the United States could introduce uncertainty to the monetary policy outlook of emerging economies, the world's "bank for central banks" said, pointing to rising pressures on Asian currencies and capital outflows. In its Annual Economic Report published on Sunday, the Basel-based Bank for International Settlements (BIS) said the banking industry expects greater divergence in policy rate trajectories - especially between the US Federal Reserve and other central ba
Moneywise
Step into the shoes of a millionaire: 6 simple habits of wealthy Americans you can follow
Learn to walk the walk.
INSIDER
Bankrupt EV start-up Fisker wants to sell its 3,300 unsold electric vehicles at an 80% discount to a company that rents cars to NYC Uber and Lyft drivers
The failed EV manufacturer Fisker wants to sell its inventory to a company that leases vehicles to NYC ride-hailing drivers.
The Smart Investor
Top Stock Market Highlights of the Week: SK Hynix, Tencent, BlackRock and City Developments Limited
The chip sector receives another boost while an e-commerce player’s latest game release is performing very well. The post Top Stock Market Highlights of the Week: SK Hynix, Tencent, BlackRock and City Developments Limited appeared first on The Smart Investor.
Simply Wall St.
Exploring July 2024's SGX Stocks Estimated To Be Below Intrinsic Value
As of July 2024, the Singapore market continues to present varied opportunities for investors, with certain sectors showing resilience amidst global economic fluctuations. In this context, identifying stocks that are trading below their intrinsic value could offer potential for those looking to invest wisely in undervalued assets.

Straits Times Index

Nikkei

Hang Seng

FTSE 100

Bitcoin USD

CMC Crypto 200

S&P 500

Dow

Nasdaq

Gold

Crude Oil

10-Yr Bond

FTSE Bursa Malaysia

Jakarta Composite Index

PSE Index

OpenText to lay off nearly 1,200 employees

Latest stories

4 Reliable Singapore Dividend Stocks That I Never Intend to Sell

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

I Retired in My 50s: 5 Expenses You Should Eliminate Now If You Want To Do the Same

Jeff Bezos to sell another $5bn of Amazon shares

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

Jim Cramer Says Palantir Technologies Inc (NYSE:PLTR) is like a ‘Giant Black Box’

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

June jobs report: US labor market adds 206,000 jobs, unemployment rate rises to 4.1%

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

Nvidia’s rapid rise hits ‘bumps in the road’

How To Earn $500 A Month From Nvidia Stock

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

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

US inflation easing, job market similar to pre-pandemic conditions, Fed report says

China's yuan, central bank performing well under stress, but US Fed rates adding to pressures

Step into the shoes of a millionaire: 6 simple habits of wealthy Americans you can follow

Bankrupt EV start-up Fisker wants to sell its 3,300 unsold electric vehicles at an 80% discount to a company that rents cars to NYC Uber and Lyft drivers

Top Stock Market Highlights of the Week: SK Hynix, Tencent, BlackRock and City Developments Limited

Exploring July 2024's SGX Stocks Estimated To Be Below Intrinsic Value