Asia Morning: Sep 12
Today’s Market News India enforcement agency conducts searches in Axis Mutual Fund front-running case China’s Midea Group to price shares at top of range in Hong Kong listing, sources say Bajaj Housing Finance draws bids worth $39 bln in hottest India IPO this year Vedanta Resources raises $900 million via dollar bonds Key developments on […]
DollarsAndSense Book Review: 5 Timeless Lessons from Morgan Housel’s The Psychology of Money
For those familiar with the world of investment writing, Morgan Housel may have first appeared on their radar during his time as a columnist for The Motley Fool. Later, he gained further recognition as a partner at the Collaborative Fund. Over time, Housel has transitioned from an insightful columnist to a celebrated author, most notably […]
[2024 Edition] Top 10 Richest Billionaires In Singapore And How They Earned Their Wealth
In this year’s edition of the Forbes World’s Billionaires List, 39 Singaporeans made it to the list of 2,692, up from 35 last year. Conspicuously absent on this list is the late Dr Wee Cho Yaw, who passed away on 3 February 2024. His son, Wee Ee Chong, succeeded him as CEO of UOB, and […]
US stock quick picks – Sep 11
Trends to Watch Nothing to Fear: Bitcoin ETFs Are Fine Despite Suffering Their Worst String of Outflows, Says Expert (CoinDesk) A Messy Departure: Goldman’s Credit-Card Exit Hampered by Lax Lending Standards (Wall Street Journal) Big Week: Two key inflation reports this week will help decide the size of the Fed’s interest rate cut (CNBC) Incomes Climbing: US incomes rose last year […]
Asia Morning – Sep 11
Today’s Market News Nomura sees markets revenue beating goal as brokerage courts hedge funds China’s exports up solidly but slowing imports dim trade outlook Gold holds firm above $2,500 level as US inflation data looms S&P 500, Nasdaq rise, crude slides as CPI awaits South Korea’s financial watchdog chief warns of household debt turning […]
Quality Over Quantity: 10 Things You Should Splurge On In Life
In today’s environment of rising prices and the increasing cost of living, it’s vital that we monitor what we spend. But, it’s also important to remember that just looking for the cheapest options won’t necessarily save us money (or be good for us) in the long term. High-quality items can often outperform cheaper alternatives and […]
US stock quick picks –
Stock Market News Big Lots files for bankruptcy, will sell assets to buyout firm as it blames high inflation – New York Post Goldman Sachs CEO says trading revenue is heading for a 10% slide in 3Q – Reuters Palantir soars 13% on software vendor’s inclusion in S&P 500 – CNBC Apple iPhone 16 event: Key announcements so […]
China trade could disrupt market calm – Sep 10
Today’s Market News Chinese stock exchanges add Alibaba into Stock Connect Scheme Taiwan exports hit record in August on AI, U.S. reaches record again Chinese car sales fall for fifth straight month Indian e-scooter maker Ather Energy files for $536 mln IPO, source says Rupee may dip on risk aversion; Fed uncertainty persists Key on […]
US stock quick picks – Sep 9
Today’s Markets In Asia, Japan -0.5%. Hong Kong -1.4%. China -1.1%. India +0.4%. In Europe, at midday, London +0.7%. Paris +0.7%. Frankfurt +0.7%. Futures at 7:00, Dow +0.7%. S&P +0.7%. Nasdaq +0.8%. Crude +0.9% to $68.30. Gold flat at $2,524.20. Bitcoin +1.4% to $55,373. Ten-year Treasury Yield +3 bps to 3.75%. Today’s Economic Calendar 10:00 AM Wholesale Inventories (Preliminary) 3:00 PM Consumer Credit What else is happening… SA Asks: Which defense stock is […]
What Is The Household Income For Singapore Families? (Based On Flat Types, Household Members)
When it comes to understanding the income levels in Singapore, we can reference a few key statistics. According to the Ministry of Manpower (MOM), as of 2023, full-time employed residents’ median gross monthly income is $5,197 (including employer CPF contributions). Without employer CPF contributions, this figure is about $4,441 in gross wages. At first glance, […]
