Norwegian Cruise Line, Marriott: Trending Tickers

INSIDER
It's so tough to pay cash in China that the government had to fine a KFC for not accepting banknotes
China has been pushing for businesses to leave the door open for customers to use cash, with foreigner visitors saying they're struggling to spend.
Simply Wall St.
Shareholders in Suntec Real Estate Investment Trust (SGX:T82U) are in the red if they invested five years ago
For many, the main point of investing is to generate higher returns than the overall market. But the main game is to...
Simply Wall St.
3 High Yield Dividend Stocks On SGX With Yields Up To 8.2%
As Singapore continues to embrace technological advancements, the recent unveiling of a Web3 digital banking platform by Alchemy Pay highlights the market's progressive adaptation to the evolving landscape of digital finance. In this dynamic environment, high-yield dividend stocks on the SGX offer investors potential stability and consistent returns, qualities that are particularly appealing amid the rapid changes in financial technology and payment systems.
The Independent
Trump Media stock slumps after reporting $327.6m first quarter loss, costing former president more than $766m
Company says losses are result of recent merger but share price has dropped 13.2% since Friday
The Smart Investor
Better Buy: CapitaLand Integrated Commercial Trust Vs CapitaLand Ascendas REIT
We compare two popular REITs under the CapitaLand banner to see which makes the better investment. The post Better Buy: CapitaLand Integrated Commercial Trust Vs CapitaLand Ascendas REIT appeared first on The Smart Investor.
Reuters
Canada's Power Corp shuts down China unit, lays off staff, sources say
Power Corporation of Canada (Power Corp) has shut its China investment unit and dismissed all staff, said two people briefed on the matter, becoming the latest Western financial firm to pull back amid the country's economic challenges. Power Sustainable, which is the asset management arm of Power Corp and manages $4.5 billion of assets globally, started laying off all of its 17 local staff in recent weeks as it moved towards shutting down the Shanghai-based unit, said the people. Economic slowdown has seen many of the Western financial firms that scrambled to expand China operations a few years ago take a hit on their earnings and rein in their ambitions for what was a key piece of their global growth strategy.
Reuters
Analysis-Bulls beat a path to China stock shop but foreigners dare not go in
Emboldened by China's latest measures and pledges to fix the weakest parts of its struggling economy, domestic investors are scooping up shares in a cheap stock market, while most foreign investors are hopeful but taking it slow. Last week's sweeping measures to support the property sector, which authorities dubbed as historic, were the latest in a series of steps China has taken since February in a bid to boost consumption, funnel state money into priority sectors and underpin the stock market. "To some extent, I think what's been announced isn't yet of a scale that is going to start putting a meaningful kind of tens of percentage points onto GDP," said Sunil Krishnan, head of multi-asset funds at Aviva Investors in London.
GOBankingRates
If You Invested $20,000 in These Companies 20 Years Ago, You Would Be a Millionaire Now
Making a million dollars is no easy task if you're starting from scratch. It's going to take some combination of time, luck and work. Sometimes, though, if you're starting with some money, you can let...
Simply Wall St.
iA Financial (TSE:IAG) Has Announced A Dividend Of CA$0.82
iA Financial Corporation Inc.'s ( TSE:IAG ) investors are due to receive a payment of CA$0.82 per share on 17th of...
Barrons.com
Tesla Stock Is Up Because the EV News From China Isn’t Always Bad
The stock rebounded from a Monday loss sparked by disappointing results from Li Auto. XPeng’s earnings were surprisingly strong.
Simply Wall St.
Sea Limited's (NYSE:SE) one-year returns climbed after last week's 13% gain, institutional investors must be happy
Key Insights Given the large stake in the stock by institutions, Sea's stock price might be vulnerable to their trading...
The Smart Investor
Forget the S&P 500 ETF: These 3 US Stocks Gave Better Returns
Over the past five years, there were three US stocks that beat the 93% return of the SPDR S&P 500 ETF (NYSE: SPY). And no, they are not any of the Magnificent 7 stocks. The post Forget the S&P 500 ETF: These 3 US Stocks Gave Better Returns appeared first on The Smart Investor.
Barrons.com
XPeng Stock Jumps on Earnings. There’s Hope for China EVs.
XPeng stock rose Tuesday after the Chinese electric-vehicle maker reported better-than-expected first-quarter numbers. A year ago, XPeng reported a per-share loss of 38 cents on sales of $573 million. Quarterly gross profit margins were about 13%, up about 11 percentage points year over year and about two percentage points better than analysts’ forecasts.
Yahoo Finance
US federal budget crosses grim milestone as interest payments overtake defense spending
Interest payments on the national debt are set to eclipse defense spending this year for the first time ever.
Reuters
Oil falls 1% on sticky US inflation, dampened geopolitical risk premium
HOUSTON (Reuters) -Oil prices settled 1% lower on Tuesday as lingering U.S. inflation looked likely to keep interest rates higher for longer, weighing on fuel demand. Brent crude futures settled down 83 cents, or 1%, to $82.88 a barrel. Ahead of this weekend's Memorial Day holiday, which kicks off the U.S. peak summer driving season, retail gasoline prices fell for the fourth consecutive week to $3.58 per gallon on Monday, the Energy Information Administration (EIA) said in its gasoline and diesel fuel update.
Bloomberg
Malaysia’s GDP growth surprises as recovery accelerates
Malaysia’s economy grew faster than initially estimated in the first quarter, driven by private spending and a rebound in exports.
CNN Business
Jamie Dimon could step down sooner than expected. Here’s who could run the country’s biggest bank
JPMorgan Chase CEO Jamie Dimon has bumped up his retirement plans, the longtime head of America’s largest bank said Monday.
Reuters
Solaris ends plan to sell stake to China's Zijin Mining, cites government rules
Solaris Resources has scrapped plans to sell a minority stake to China's Zijin Mining Group because it feared the deal was unlikely to meet Canada's stringent foreign- investment standards in a timely manner, the Canadian company said on Tuesday. In January, Solaris announced plans to sell a 15% stake in the company to state-owned Zijin for C$130 million ($95 million)to help develop its Warintza copper project in Ecuador.
Zacks
How to Maximize Your Retirement Portfolio with These Top-Ranked Dividend Stocks
The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?
Reuters
Dollar firm as Fed officials urge patience on rate cuts
The U.S. dollar edged up against the euro on Tuesday, as Federal Reserve policymakers said it is prudent for the U.S. central bank to wait several more months to ensure that inflation really is back on a path to the 2% target before commencing interest rate cuts. Fed Governor Christopher Waller told the Peterson Institute for International Economics in Washington, on Tuesday, he would need to see several more months of good inflation data before he would be comfortable supporting an easing in the stance of monetary policy. Waller, however, did put a pin in any speculation that interest rates may need to rise again for demand to soften enough to ease price pressures further, saying the latest inflation data is "reassuring" and the probability of a rate hike is "very low."

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Norwegian Cruise Line, Marriott: Trending Tickers

Latest stories

It's so tough to pay cash in China that the government had to fine a KFC for not accepting banknotes

Shareholders in Suntec Real Estate Investment Trust (SGX:T82U) are in the red if they invested five years ago

3 High Yield Dividend Stocks On SGX With Yields Up To 8.2%

Trump Media stock slumps after reporting $327.6m first quarter loss, costing former president more than $766m

Better Buy: CapitaLand Integrated Commercial Trust Vs CapitaLand Ascendas REIT

Canada's Power Corp shuts down China unit, lays off staff, sources say

Analysis-Bulls beat a path to China stock shop but foreigners dare not go in

If You Invested $20,000 in These Companies 20 Years Ago, You Would Be a Millionaire Now

iA Financial (TSE:IAG) Has Announced A Dividend Of CA$0.82

Tesla Stock Is Up Because the EV News From China Isn’t Always Bad

Sea Limited's (NYSE:SE) one-year returns climbed after last week's 13% gain, institutional investors must be happy

Forget the S&P 500 ETF: These 3 US Stocks Gave Better Returns

XPeng Stock Jumps on Earnings. There’s Hope for China EVs.

US federal budget crosses grim milestone as interest payments overtake defense spending

Oil falls 1% on sticky US inflation, dampened geopolitical risk premium

Malaysia’s GDP growth surprises as recovery accelerates

Jamie Dimon could step down sooner than expected. Here’s who could run the country’s biggest bank

Solaris ends plan to sell stake to China's Zijin Mining, cites government rules

How to Maximize Your Retirement Portfolio with These Top-Ranked Dividend Stocks

Dollar firm as Fed officials urge patience on rate cuts