UOB drops interest rates for One Account holders, introduces 2 new balance tiers

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.
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.
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.
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...
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.
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.
Bloomberg
Singapore to tighten casino rules to counter terrorism funding
Singapore will lower the threshold for checks on cash deposits received by casinos in a bid to prevent exploitation by terrorist and criminal organisations.
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.
Barrons.com
Lennar and D.R. Horton Stocks Get Downgrades. Rate Cuts Might Not Help Home Builders.
Now isn’t the time to buy home builder stocks, says a Citi analyst who downgraded shares of Lennar and D.R. Horton on Tuesday. Anthony Pettinari moved his ratings on shares of Lennar and D.R. Horton to Neutral from Buy. The analyst wrote in a research note that these downgrades reflect a “slowing housing market.”
Reuters
Wall Street indexes end higher, helped by Tesla, megacap growth stocks
(Reuters) -Wall Street's main stock indexes closed higher on Tuesday, boosted by gains in Tesla and megacap growth stocks, but volumes were thin ahead of the July Fourth holiday and the closely watched release of June nonfarm payrolls on Friday. The Dow Jones Industrial Average rose 162.33 points, or 0.41%, to close at 39,331.85, the S&P 500 gained 33.92 points, or 0.62%, to 5,509.01 and the Nasdaq Composite gained 149.46 points, or 0.84%, to 18,028.76.
Reuters
Morning Bid: US yields bite, China enjoys rare surprise
Asia lagged what was a pretty solid start to the new quarter for global stocks on Monday, and the steep rise in U.S. Treasury yields suggests it will be difficult session again on Tuesday for regional equities and emerging assets more broadly. The 10-year U.S. yield jumped 13 basis points to 4.50% on Monday - the highest yield and biggest one-day rise in a month - as investors repriced the potential inflationary impact from mooted fiscal, tariff, and immigration policies under a Donald Trump presidency. Wall Street, European, and world stocks powered through that headwind, Japanese stocks got a lift from the yen's slide back through 161.00 per dollar, and Chinese stocks drew strength from a positive surprise in domestic manufacturing sector data.

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UOB drops interest rates for One Account holders, introduces 2 new balance tiers

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?

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%

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

Singapore SGX Showcases Three Key Dividend Stocks

Kamala Harris' Odds of Winning Democratic Nomination Surge on Polymarket

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

Singapore to tighten casino rules to counter terrorism funding

Powell sparks optimism on rate cuts

Lennar and D.R. Horton Stocks Get Downgrades. Rate Cuts Might Not Help Home Builders.

Wall Street indexes end higher, helped by Tesla, megacap growth stocks

Morning Bid: US yields bite, China enjoys rare surprise