Fed seem poised for September rate cut as inflation cools – Sep 2
For more Asian market news, click here. Asia morning market news Investors in Asia kick off the new trading month on the front foot, optimistic about a U.S. ‘soft landing’ and dovish Fed outlook, which should help boost risk appetite and the appeal of emerging market assets. The recent slide in the dollar, falling U.S. bond yields […]
5 Things To Know About Fu Yu Corporation (SGX: F13), Singapore’s Oldest & Largest High-End Precision Engineering Firm
Founded in 1978, homegrown Fu Yu Corporation is one of Singapore’s oldest and largest manufacturer of precision plastic and metal components and products. Singapore acts as its Smart Factory – setting the stage for growth, innovation and continued leadership in the precision manufacturing sector. The Smart Factory coordinates round-the-clock and real-time production activities its across […]
StashAway Simple Cash Management Account Vs Regular Savings Accounts – What’s the Difference?
Most of us expect to earn a decent interest return on our cash savings today. One of the ways we can do this, without having to open yet another investment account is through the StashAway’s cash management portfolio – aptly named StashAway Simple. StashAway Simple enables retail investors to invest in money market funds, which – depending on […]
Complete Guide To Buying Singapore Savings Bonds (SSB) [2024 Edition]
While the Singapore Savings Bonds (SSB) may not sound like the sexiest investment for growing our wealth, its popularity has recently increased – mainly due to rising global interest rates – compared to when it was first issued in 2015. Against the backdrop of a higher for longer interest rate environment, many of us have come to see […]
How Much Does It Cost To Learn Kitefoiling In Singapore And Where Can You Do It?
Even if you’re not a sports fan or followed the 2024 Summer Olympic Games in Paris, kitefoiling would have turned up on your radar. Obviously, the interest surrounding the new sport is primarily down to Singaporean kitefoiler Max Maeder – a 17 year-old who won a bronze medal in the sport at the Olympics. This […]
Stocks ease past Nvidia blues, crude oil rebounds – Aug 30
Today’s Market News China’s central bank buys government bonds, stirs intervention talk EV tariffs could hurt European companies and industry, Polestar CFO says As it reins in wasteful investment, China frets over growth Moody’s raises India’s growth forecasts, Fitch affirms rating Asian firms’ earnings outlook improves as chip sector shines Key developments on Friday: Japan […]
How Much CPF Savings Should You Have At Every Age Group
Every year, the CPF Board publishes the amount of CPF balances that its members have collected in their CPF accounts. It can be interesting to look at the balances to compare how we are doing when compared to the median statistics. Source: CPF The first thing we noticed is that CPF members have a total of […]
Buffett offloads Bank of America shares worth $982 mln in latest sale- Aug 29
Stock Market News AI giant Nvidia delivers strong earnings but fails to satisfy growth-hungry investors – New York Post Billionaire investor Buffett offloads Bank of America shares worth $982 mln in latest sale – Reuters Xpeng releases mass-market EV with basic driver-assist for less than $20,000 – CNBC Consumer confidence reaches six-month high, but labor market worries rise […]
REITs Report Card 2024: How Singapore REITs Performed In 1st Half 2024
Ever since the US Federal Reserve (Fed) raised interest rates at an unprecedented pace starting March 2022, S-REITs faced a triple-whammy – hurting investor interest in the asset class. For a start, higher risk-free interest rates made Government T-bills and Singapore Savings Bonds (SSB) more attractive investments. Even today, T-bills and Singapore Savings Bonds (SSB) […]
Asian shares track Wall Street futures lower as Nvidia disappoints – Aug 29
Today’s Market News Stocks fall, Nvidia down 3% after the bell despite strong earnings Rupee holds above record low, supported by state-run banks’ dollar sales China’s CNOOC posts record interim profit on robust output growth Food delivery giant Meituan defies China consumer pullback with revenue beat Gold falls on firmer dollar as US data takes […]
