CEO of Elite Commercial REIT’s manager acquires 23,300 units for 24.5 pence apiece

The Smart Investor
Sheng Siong’s Share Price Has Tumbled to a 52-Week Low: Should Investors Get Worried?
The retailer’s share price has declined this year, but is the business still doing fine? The post Sheng Siong’s Share Price Has Tumbled to a 52-Week Low: Should Investors Get Worried? appeared first on The Smart Investor.
18 hours ago
The Smart Investor
If I Had S$20,000, Here Are 4 Singapore REITs I Will Buy
Have some cash to spare? You could decide to park some in these four reliable Singapore REITs. The post If I Had S$20,000, Here Are 4 Singapore REITs I Will Buy appeared first on The Smart Investor.
8 hours ago
The Smart Investor
4 Singapore Companies Paying Dividends in October
We profile four stocks that are dishing out dividends this month. The post 4 Singapore Companies Paying Dividends in October appeared first on The Smart Investor.
a day ago
Reuters
World's biggest bond markets hit by heavy selloff
A sustained selloff in world government bonds on Wednesday briefly drove up U.S. 30-year Treasury yields to 5% for the first time since 2007 and German 10-year yields to 3%, moves that could hasten a global slowdown and hurt stocks and corporate bonds.
8 hours ago
The Telegraph
Global stock markets sink as US borrowing costs hit 16-year high
Stock markets across the world have fallen as US government borrowing costs soared to a 16-year high.
23 hours ago
AFP News
Stock markets drop as key Treasury yield hits 16-year peak
Global stocks tumbled Tuesday after a closely watched US bond benchmark hit a 16-year high, exacerbating worries about elevated interest rates as the dollar briefly topped 150 yen.The dollar briefly topped 150 yen for the first time in a year before quickly pulling back.
21 hours ago
Reuters Videos
Wall Street plunges as jobs data fuels rate worries
STORY: Major U.S. stock indexes plunged Tuesday as economic data underscored the view the Federal Reserve may need to keep interest rates high.The Dow shed about 1.3%, the S&P 500 dropped nearly 1.4%, while the Nasdaq plummeted almost 1.9%.Data showed U.S. job openings unexpectedly increased in August, fueling worries about a tight labor market ahead of Friday's key U.S. monthly jobs report.“So a tough day for the markets across the board….”Mel Casey is Senior Portfolio Manager at FBB Capital Partners.“Markets continue to have difficulty trying to predict the direction and the change in rates going forward. Is the Fed done? Is inflation behind us, or are we still deep in the trenches on this fight?”Atlanta Fed President Raphael Bostic said there is no urgency for the central bank to raise its policy rate again, but it will likely be "a long time" before rate cuts are appropriate. Cleveland Fed President Loretta Mester said she is open to raising rates again, potentially at the bank's next meeting.In company news, shares of Amazon and Microsoft dropped more than 3.5% and 2.5%, respectively, after Reuters reported British media regulator Ofcom will push for an antitrust investigation into the companies' dominance of the UK cloud computing market.With third quarter earnings season kicking in, investors are hoping results could provide some positive news again for the market.
19 hours ago
Yahoo Finance
Nasdaq rises, Dow falls in seesaw start to Q4: Stock market news today
The Nasdaq alone was in the green as investors weighed the US funding deal and fresh auto delivery figures.
2 days ago
The Telegraph
Why global bond markets are in turmoil – and what it means for households
Global bond markets are in turmoil once again.
4 hours ago
Reuters SG
Bank debt sales surge in cashed-up Singapore
Bank debt sales in Singapore are tracking toward a second consecutive annual record as attractive currency swaps and cash-rich investors lure issuers to a traditionally domestic market and drive momentum that participants expect will continue. Some $2.4 billion worth of "Tier 2" notes, issued by banks for reserve capital requirements, have been sold in Singapore dollars this year - already nudging last year's $2.6 billion record - according to London Stock Exchange Group data. "When the dollar space is stressed, people seek out alternative markets," said Clifford Lee, managing director and global head of fixed income at DBS Bank in Singapore.
a day ago
Reuters
Fed's Mester says one more U.S. rate hike may be needed
Federal Reserve Bank of Cleveland President Loretta Mester said Monday that the U.S. central bank most likely isn’t done raising interest rates amid ongoing inflation pressures. “I suspect we may well need to raise the fed funds rate once more this year and then hold it there for some time as we accumulate more information on economic developments and assess the effects of the tightening in financial conditions that has already occurred,” Mester said in the text of a speech to a group in Cleveland. “But whether the fed funds rate needs to go higher than its current level and for how long policy needs to remain restrictive will depend on how the economy evolves relative to the outlook,” which is bounded by considerable uncertainty right now, the official said.
2 days ago
AFP News
Stocks mostly higher in cautious rebound after sell-off
Most US and European stock markets clawed back ground on Wednesday as investors staged a tentative rebound following heavy selling on fears that high US interest rates will drag down the world's largest economy."McCarthy's removal could elevate the risk of a US credit rating downgrade," said Walid Koudmani, chief market analyst at the online trading group XTB. - 'Winds of worry' - "Chill winds of worry are swirling about high interest rates settling in and there is set to be little respite from
2 hours ago
The Edge Singapore
MariBank and Lion Global Investors launch instant cash-out investment account
The account offers investors access to products including the Lion-MariBank SavePlus fund.
2 days ago
Reuters Videos
Markets may face 'new paradigm' -portfolio manager
STORY: Prior to its aggressive rate-hiking cycle to tame decades-high inflation, the U.S. Federal Reserve kept its benchmark rate near zero for roughly 15 years. But after 18 months of hikes, the central bank has indicated that rates may stay elevated for an extended period of time - which, Casey says, presents a "paradigm shift" for investors."So if we do move into an environment where the base rate of interest rates is a little bit higher than what we're used to," Casey explains, "then people start to question, 'How do you price particular parts of the market appropriately?' And so that's a kind of a growing pain the market may have to go through."
22 hours ago
The Telegraph
Patience in this mining behemoth will ultimately be rewarded. Keep buying
Many investors spend a great deal of time trying to pick the best stocks, pay as little as possible in charges and ensure their portfolio is sufficiently diversified. All are noble pursuits that can improve returns over the long run.
13 hours ago
Reuters Videos
Japan keeps markets guessing on yen intervention
STORY: The Japanese yen has been tumbling. This week it dropped below 150 to the dollar - it’s weakest level in a year - before recovering some ground. That has traders betting Tokyo is about to step in - or maybe already has. On Wednesday (October 4), Finance Minister Shunichi Suzuki declined to confirm if the government had intervened to prop up the currency. He would only say that Tokyo stood ready to take “necessary action”, and wasn’t ruling out any options. The weak yen is a boon for Japan’s big exporters, making their goods cheaper overseas. But it’s a bane for households and policymakers, as it increases the cost of imports, and fuels inflation pressures. Interest rates are one big factor in the currency’s long slide. Unlike major peers, Japan’s central bank has kept them at sub-zero levels, making it less attractive for investors to hold Japanese assets. At last month’s policy meeting, governor Kazuo Ueda said it was still too early to change course: “The Bank of Japan will continue to tenaciously carry out monetary easing while responding flexibly to economic, price and financial conditions amid a high level of uncertainty surrounding the domestic and overseas economies and financial markets.”Now Japanese officials deny targeting any specific rate for the yen. Top currency diplomat Masato Kanda says the government just wants to stamp out excessive volatility. But some analysts think intervention is now likely. One told Reuters that Tokyo is probably just waiting for the right moment.
9 hours ago
Reuters
S&P 500 ends at lowest since June 1 as data fuels rate worries
The S&P 500 index closed at its lowest level since June 1 on Tuesday as economic data underscored the view the Federal Reserve may need to keep interest rates high. The Dow turned negative for the year for the first time since June and ended at its lowest level since May 31. The Nasdaq also closed at its lowest since May 31.
a day ago
AFP News
Wall Street mixed while Europe sinks on renewed rate worries
Wall Street stocks were mixed Monday after the US narrowly avoided a government shutdown, while European indexes tumbled on renewed interest rates concerns. In Europe, stocks continued their recent decline as rising oil prices fueled renewed concern about inflation, dimming hopes that central bankers will soon start rolling back rate hikes.
2 days ago
Yahoo Finance
The stock market sell-off is all about the 'pain trade' in bonds
As stocks sell off, Wall Street strategists believe all of the action is in reaction to rising Treasury yields.
8 hours ago
Zacks
Time to Look at 3 Energy Companies With Strong Balance Sheets
With attractive balance sheet characteristics, CVX, XOM and CTRA are three energy companies better equipped to weather any commodity price downturn.
5 hours ago

Yahoo News

CEO of Elite Commercial REIT’s manager acquires 23,300 units for 24.5 pence apiece

Latest stories

Sheng Siong’s Share Price Has Tumbled to a 52-Week Low: Should Investors Get Worried?

If I Had S$20,000, Here Are 4 Singapore REITs I Will Buy

4 Singapore Companies Paying Dividends in October

World's biggest bond markets hit by heavy selloff

Global stock markets sink as US borrowing costs hit 16-year high

Stock markets drop as key Treasury yield hits 16-year peak

Wall Street plunges as jobs data fuels rate worries

Nasdaq rises, Dow falls in seesaw start to Q4: Stock market news today

Why global bond markets are in turmoil – and what it means for households

Bank debt sales surge in cashed-up Singapore

Fed's Mester says one more U.S. rate hike may be needed

Stocks mostly higher in cautious rebound after sell-off

MariBank and Lion Global Investors launch instant cash-out investment account

Markets may face 'new paradigm' -portfolio manager

Patience in this mining behemoth will ultimately be rewarded. Keep buying

Japan keeps markets guessing on yen intervention

S&P 500 ends at lowest since June 1 as data fuels rate worries

Wall Street mixed while Europe sinks on renewed rate worries

The stock market sell-off is all about the 'pain trade' in bonds

Time to Look at 3 Energy Companies With Strong Balance Sheets