Stocks close higher for the second session in a row

The Telegraph
China’s gold-buying spree could be the straw that breaks the dollar’s back
Some commentators have spent decades predicting the imminent demise of the US dollar’s special status as the world’s international reserve currency.
Simply Wall St.
DBS Group Holdings (SGX:D05) Will Pay A Dividend Of SGD0.54
The board of DBS Group Holdings Ltd ( SGX:D05 ) has announced that it will pay a dividend on the 20th of May, with...
Associated Press
Berkshire's profit plunges 64% on portfolio holdings as Buffett it sells Apple
Berkshire Hathaway's first quarter profits plummeted along with the paper value of its investments, but the company said Saturday that most of the businesses it owns outright performed well. The figures were heavily influenced by a large drop in the paper value of Berkshire’s investments. Buffett encourages investors to pay more attention to the conglomerate’s operating earnings that exclude the investment figures.
The Smart Investor
3 Singapore REITs That Raised Their DPUs
Here are three Singapore REITs that managed to increase their DPU in a difficult environment. The post 3 Singapore REITs That Raised Their DPUs appeared first on The Smart Investor.
Simply Wall St.
Is It Time To Consider Buying Hutchison Port Holdings Trust (SGX:NS8U)?
Hutchison Port Holdings Trust ( SGX:NS8U ), is not the largest company out there, but it received a lot of attention...
GOBankingRates
I Manage Money For Millionaires: 3 Things Wealthy Americans Never Spend Their Money On — and Two Things They Shouldn’t
James Baldwin famously said, "Anyone who has ever struggled with poverty knows how extremely expensive it is to be poor." In January 2014, long after the Great Recession but before the pandemic,...
Moneywise
Arnold Schwarzenegger reveals how he made millions before becoming a movie star — and it wasn’t from bodybuilding
He owes it to one woman.
Simply Wall St.
Owning 68% in Kimly Limited (Catalist:1D0) means that insiders are heavily invested in the company's future
Key Insights Kimly's significant insider ownership suggests inherent interests in company's expansion A total of 3...
Yahoo Finance
Stock market today: Stocks gain as Fed rate hopes fuel continued rally
Stocks rallied at the end of last week, getting a boost from a "Goldilocks" jobs report.
Simply Wall St.
Palantir Technologies (NYSE:PLTR) Shareholders Will Want The ROCE Trajectory To Continue
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Fortune
$3 trillion could be injected into the U.S. economy without any federal spending by tweaking this corner of the mortgage market, ‘Oracle of Wall Street’ says
"Rarely have I seen such a true win-win scenario for the government, Wall Street and the U.S. consumer."
Simply Wall St.
Don't Race Out To Buy The Straits Trading Company Limited (SGX:S20) Just Because It's Going Ex-Dividend
Readers hoping to buy The Straits Trading Company Limited ( SGX:S20 ) for its dividend will need to make their move...
Simply Wall St.
Here's Why We Think Microsoft (NASDAQ:MSFT) Might Deserve Your Attention Today
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Reuters
Gold gains on soft dollar, rate cut hopes
Gold prices climbed more than 1% on Monday, as the U.S. dollar weakened after softer-than-expected U.S. jobs data fueled expectations of potential interest rate cuts by the Federal Reserve later this year. Spot gold rose 0.8% to $2,320.95 per ounce by 1503 GMT. "The downside that we've seen over the last few weeks might actually be running out of steam, opening (the) door for gold prices to resume their upward trajectory," said Daniel Ghali, commodity strategist at TD Securities.
Reuters
Final Credit Suisse CEO, Ulrich Korner, to leave UBS, FT reports
UBS took over Credit Suisse in a government-backed rescue last year in what was the biggest merger of banks of systemic importance since the 2007-2009 financial crisis. Korner, who was appointed CEO of Credit Suisse during turbulent times in 2022, joined the board of UBS after the takeover. UBS is working to complete the merger of its legal entities with those of Credit Suisse by late May, the Financial Times said, citing people familiar with the plans.
GOBankingRates
Here Are 5 Things You Should Only Pay For in Cash
Banks issue rewards credit cards for all kinds of spending categories, from flights, hotels, rental cars and entertainment to groceries, dining, warehouse clubs and e-commerce. With all of the various...
Reuters
Exclusive-Shell in talks to sell Malaysia fuel stations to Saudi Aramco, sources say
Energy giant Shell is in talks with Saudi Arabia's state-owned Saudi Aramco to sell its gas station business in Malaysia, the second-largest such network in the country, four industry sources aware of the discussions said, and a deal could be worth up to $1 billion. Shell declined to comment on the talks but said Malaysia is an important country to the company. Saudi Aramco also declined to comment.
Simply Wall St.
Meta Platforms Insiders Sell US$15m Of Stock, Possibly Signalling Caution
The fact that multiple Meta Platforms, Inc. ( NASDAQ:META ) insiders offloaded a considerable amount of shares over the...
Reuters
Ping An votes against reappointment of HSBC CEO as director, source says
(Reuters) -China's Ping An Insurance Group Co the biggest Asian investor in HSBC PLC did not support reappointing chief executive Noel Quinn as a director to the banks board at the its shareholder meeting, a source familiar with the matter told Reuters on Saturday, as the investor voted against such a move. Quinn, who has announced he will step down as chief executive once a successor is appointed, last year defeated Ping An's long campaign to get HSBC to spin off its Asia business. Europe's biggest bank had faced proposals submitted by Hong Kong-based individual investor Ken Lui and backed by its biggest Asian shareholder Ping An to consider a radical restructuring and to boost its dividends.
Reuters
Global shares gain on rate cut bets; yen weakens
NEW YORK/LONDON (Reuters) -A gauge of global stock markets rose on Monday on optimism that major central banks will cut interest rates this year, while the yen weakened against the dollar after a strong surge last week from Japan's suspected currency intervention. Stocks on both sides of the Atlantic rose, with the three major indices on Wall Street in the green as a softer-than-expected U.S. labor market report last week slashed bets that the Federal Reserve might hike rates this year. The dollar index, a measure of the U.S. currency against six major trading peers, was lower for a fourth straight session after data showed the lowest jobs gain since October, easing concerns the Fed would keep rates higher for longer.

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Stocks close higher for the second session in a row

Latest stories

China’s gold-buying spree could be the straw that breaks the dollar’s back

DBS Group Holdings (SGX:D05) Will Pay A Dividend Of SGD0.54

Berkshire's profit plunges 64% on portfolio holdings as Buffett it sells Apple

3 Singapore REITs That Raised Their DPUs

Is It Time To Consider Buying Hutchison Port Holdings Trust (SGX:NS8U)?

I Manage Money For Millionaires: 3 Things Wealthy Americans Never Spend Their Money On — and Two Things They Shouldn’t

Arnold Schwarzenegger reveals how he made millions before becoming a movie star — and it wasn’t from bodybuilding

Owning 68% in Kimly Limited (Catalist:1D0) means that insiders are heavily invested in the company's future

Stock market today: Stocks gain as Fed rate hopes fuel continued rally

Palantir Technologies (NYSE:PLTR) Shareholders Will Want The ROCE Trajectory To Continue

$3 trillion could be injected into the U.S. economy without any federal spending by tweaking this corner of the mortgage market, ‘Oracle of Wall Street’ says

Don't Race Out To Buy The Straits Trading Company Limited (SGX:S20) Just Because It's Going Ex-Dividend

Here's Why We Think Microsoft (NASDAQ:MSFT) Might Deserve Your Attention Today

Gold gains on soft dollar, rate cut hopes

Final Credit Suisse CEO, Ulrich Korner, to leave UBS, FT reports

Here Are 5 Things You Should Only Pay For in Cash

Exclusive-Shell in talks to sell Malaysia fuel stations to Saudi Aramco, sources say

Meta Platforms Insiders Sell US$15m Of Stock, Possibly Signalling Caution

Ping An votes against reappointment of HSBC CEO as director, source says

Global shares gain on rate cut bets; yen weakens