Company News for Apr 10, 2024

The Smart Investor
3 Singapore Blue-Chip Stocks with Dividend Yields of 6% or Higher
We feature three attractive blue-chip stocks sporting dividend yields of 6% or more. The post 3 Singapore Blue-Chip Stocks with Dividend Yields of 6% or Higher appeared first on The Smart Investor.
AFP News
Maldives gets IMF debt warning as more Chinese loans loom
The International Monetary Fund warned the Maldives against looming "debt distress" Monday, as the small but strategically placed luxury tourist destination looks set to borrow more from main creditor China.The Maldives is a small nation of 1,192 tiny coral islets scattered 800 kilometres (500 miles) across the equator, but it strategically straddles key east-west international shipping routes.
Simply Wall St.
Wilmar International Limited (SGX:F34) stock most popular amongst private companies who own 42%, while public companies hold 22%
Key Insights The considerable ownership by private companies in Wilmar International indicates that they collectively...
Reuters
China's ICBC to kick off TLAC bond sales with issuance of $4.15 billion
Industrial and Commercial Bank of China said it would issue 30 billion yuan ($4.15 billion) worth of total loss-absorbing capacity (TLAC) bonds on May 15, marking the first issuance of such bonds by a Chinese bank. China's major state-owned lenders face growing pressure to raise capital, especially as demands mount to support the economy, property developers and local government financing vehicles. The world's largest bank by assets said it would issue 20 billion yuan in a tranche of four-year bonds it can redeem at the end of three years, and 10 billion yuan in six-year bonds with conditional redemption at the end of five years.
Yahoo Finance
How rich homebuyers are avoiding high mortgage rates
Homebuyers with means are turning to an old strategy to get around a new crop of high mortgage rates: all-cash deals.
Zacks
Why "Sell in May?" Instead, Buy These 5 Growth Stocks Now
As the stock market continues to scale upward, it's prudent to invest in growth stocks such as Agnico Eagle Mines (AEM), Abercrombie & Fitch (ANF), Amazon (AMZN), Alphabet (GOOGL) and Hess (HES).
GOBankingRates
The Rockefellers Are Still One of the Richest Families of All Time — 5 Ways They Created Generational Wealth
Only 10% of family wealth makes it to the third generation, according to a landmark Williams Group wealth consultancy study reported by Reuters in 2015. But a handful of families throughout history...
Simply Wall St.
Hotung Investment Holdings (SGX:BLS) Has Announced A Dividend Of NT$0.1061
Hotung Investment Holdings Limited ( SGX:BLS ) will pay a dividend of NT$0.1061 on the 13th of June. This makes the...
Barrons.com
Nvidia Stock Slips. It Has ‘Control Over the Entire Ecosystem’ of Artificial Intelligence.
Nvidia stock is still tops for aJefferies analyst with a little more than a week to go before the chip titan reports earnings. “We believe it’s too early to sift out winners and losers in the AI basket yet, but Nvidia is our favorite,” wrote Jefferies analyst Blayne Curtis in a Sunday research note. “Nvidia maintains control over the entire ecosystem and is taking more pieces of the pie,” he said.
Simply Wall St.
Hock Lian Seng Holdings (SGX:J2T) shareholders have earned a 12% CAGR over the last three years
By buying an index fund, you can roughly match the market return with ease. But if you choose individual stocks with...
Simply Wall St.
Is It Worth Considering LHT Holdings Limited (SGX:BEI) For Its Upcoming Dividend?
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
Fortune
The Fed’s 2% inflation target is a ‘pipe dream’ and stocks are set to drop 10%, Stifel’s Barry Bannister warns
Stifel's Bannister expects the S&P 500 to drop 10% by the end of the third quarter because the 'pseudo recession' that helped tame inflation is now over.
Reuters
S&P 500 barely changes as investors hold tight ahead of inflation data
(Reuters) -The S&P 500 closed very slightly lower on Monday as investors took a breather after three weekly gains while they awaited key inflation readings and earnings reports due this week while a survey showed consumers concerned about inflation. A Federal Reserve Bank of New York survey, released on Monday, found that Americans see inflation at 3.3% a year from now from March’s 3% while they expect inflation three years from now at 2.8%. This followed a University of Michigan report on Friday that showed U.S. consumer sentiment sagged to a six-month low in May as households worried about the cost of living.
Insider Monkey
30 Richest People in Asia in 2024
In this article, we discuss the 30 richest people in Asia in 2024. To skip the detailed analysis, go directly to the 5 Richest People in Asia in 2024. Asia’s Economic Outlook and Billionaire Economy Asia’s compelling economic growth and wealth landscape has consistently seized global attention. Asia’s richest person is Mukesh Ambani and he […]
Barrons.com
Dow 40,000 Is So Close, You Can Feel It. Here’s Why You Should Fear It.
Investors are once again looking forward to the Federal Reserve cutting rates, even though the central bank has given them few explicit signs that cuts are coming.
Reuters
Stocks near flat, dollar dips as focus shifts to US inflation data
While the U.S. consumer prices report will likely take center stage, U.S. producer price data is also due this week, along with final reports on European inflation that should reinforce expectations for a June rate cut from the European Central Bank. Markets are pricing in around an 80% chance of a rate cut by the Fed's September meeting, with almost 44 basis points (bps) of reductions in total expected in 2024, LSEG data showed.
Reuters
Japan's SoftBank swings to quarterly profit, eyes on Arm unit
Japan's SoftBank Group swung to a net profit in the final quarter of its financial year, it said on Monday, even as an investment loss at its Vision Fund arm underscored the challenges the technology investor faces, including realising its big AI ambitions. SoftBank booked a profit of 328.9 billion yen ($2.11 billion) in January-March, compared to a loss of 32 billion yen a year earlier. Investors are increasingly focused on the outlook for SoftBank subsidiary Arm Holdings, the British chip designer, which SoftBank's management hope will fuel the push into artificial intelligence across its portfolio of companies.
The Telegraph
‘Help! I’m an unemployed, indebted new father with just £1,000 in savings’
Jordan Chapman is moving into a new phase of his life. A few weeks ago, he was working as a forest school leader, where he was tasked with running programmes for children at a luxury camping resort.
Benzinga
PayPal Is Holding Its Ground Amid Clash Of Digital Payment Titans
In recent years, PayPal Holdings Inc (NASDAQ: PYPL) has been struggling as Big Tech titans, Apple Inc (NASDAQ: AAPL) and Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) expanded its footprint in digital payments. Even Robinhood (NASDAQ: HOOD) is entering the credit card arena. The Robinhood Gold Card pitch is impressive, to say the least, and promises to give both Apple and PayPal a headache. But at the end of April, PayPal showed it is determined to reignite the growth story of its brand offferings
Reuters
Japanese shares flat as local companies see mixed reaction for earnings
Japanese shares cut early losses to trade flat on Monday on a mixed reaction to local companies' earnings outlook and shareholder rewarding measures, while the Bank of Japan's reduction in bond buying weighed on sentiment. The real estate sector lost 3.66% to become the worst performer among the Tokyo Stock Exchange's 33 industry sub-indexes. "Overall, the market had high expectations for corporate earnings so when a company disappoints investors, their reaction is big," said Takehiko Masuzawa, trading head of Phillip Securities Japan.

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Company News for Apr 10, 2024

Latest stories

3 Singapore Blue-Chip Stocks with Dividend Yields of 6% or Higher

Maldives gets IMF debt warning as more Chinese loans loom

Wilmar International Limited (SGX:F34) stock most popular amongst private companies who own 42%, while public companies hold 22%

China's ICBC to kick off TLAC bond sales with issuance of $4.15 billion

How rich homebuyers are avoiding high mortgage rates

Why "Sell in May?" Instead, Buy These 5 Growth Stocks Now

The Rockefellers Are Still One of the Richest Families of All Time — 5 Ways They Created Generational Wealth

Hotung Investment Holdings (SGX:BLS) Has Announced A Dividend Of NT$0.1061

Nvidia Stock Slips. It Has ‘Control Over the Entire Ecosystem’ of Artificial Intelligence.

Hock Lian Seng Holdings (SGX:J2T) shareholders have earned a 12% CAGR over the last three years

Is It Worth Considering LHT Holdings Limited (SGX:BEI) For Its Upcoming Dividend?

The Fed’s 2% inflation target is a ‘pipe dream’ and stocks are set to drop 10%, Stifel’s Barry Bannister warns

S&P 500 barely changes as investors hold tight ahead of inflation data

30 Richest People in Asia in 2024

Dow 40,000 Is So Close, You Can Feel It. Here’s Why You Should Fear It.

Stocks near flat, dollar dips as focus shifts to US inflation data

Japan's SoftBank swings to quarterly profit, eyes on Arm unit

‘Help! I’m an unemployed, indebted new father with just £1,000 in savings’

PayPal Is Holding Its Ground Amid Clash Of Digital Payment Titans

Japanese shares flat as local companies see mixed reaction for earnings