BENGALURU (Reuters) - Bharti Airtel said on Friday it had prepaid 79.04 billion Indian rupees ($946.41 million) to the Indian government's telecom department, clearing all high-cost deferred liabilities related to spectrum acquired in the auction in 2012 and 2015.
($1 = 83.5160 Indian rupees)
(Reporting by Sethuraman NR in Bengaluru; Editing by Anil D'Silva)
If you desire a mix of stability and high yield, these four blue-chip stocks should be suitable for your portfolio. The post 4 Singapore Blue-Chip Stocks Delivering Dividend Yields of 5.6% or More appeared first on The Smart Investor.
These four Singapore stocks are seeing their share prices shooting up, but can they continue to do so? The post Share Prices of These 4 Singapore Stocks Are Hitting Their 52-Week Highs: Can They Continue Their Run? appeared first on The Smart Investor.
The supermarket retailer’s share price has stayed stagnant in recent months. Can Sheng Siong see a recovery on the horizon? The post Sheng Siong’s Share Price is Languishing Near its 52-Week Low: Can the Retailer Find its Mojo Again? appeared first on The Smart Investor.
Nvidia stock has rocketed 156% so far in 2024, and Jensen Huang has been selling stock through a trading plan. His peers are also selling.
Singapore is moving forward with a plan to release the most private housing supply since 2013 even as interest from developers cools.
Having briefly becoming the world’s most valuable company last week, the chip giant has now dropped back behind Microsoft and Apple in market value.
Abercrombie & Fitch’s stock has smoked Nvidia’s in the past year. A strategic makeover under CEO Fran Horowitz is winning fans on Wall Street and Main.
The U.S. dollar remains the world's primary reserve currency, and neither the euro nor the so-called BRICS countries have been able to reduce global reliance on the dollar, a new study by the Atlantic Council's GeoEconomics Center shows. The group's "Dollar Dominance Monitor" said the dollar continued to dominate foreign reserve holdings, trade invoicing, and currency transactions globally and its role as the primary global reserve currency was secure in the near and medium term. Dollar dominance — the outsized role of the U.S. dollar in the world economy — has been strengthened recently given the robust U.S. economy, tighter monetary policy and heightened geopolitical risks, even as economic fragmentation has strengthened a push by BRICS countries to shift into other international and reserve currencies.
Stocks splits from the likes of Nvidia and Chipotle and others make shares more affordable for people to buy. Should you? What to know.
As the Singapore market continues to evolve, investors are keenly observing trends and shifts that could signal new opportunities. Amidst these developments, identifying stocks that may be trading below their estimated fair value could offer potential for those looking to diversify or optimize their portfolios in current market conditions.
Dollar-cost averaging is when you dedicate a consistent amount of money toward your investments on a regular basis. Find out if this investment strategy is right for you.
Bitcoin and other cryptocurrencies were mixed early Tuesday after a steep selloff the previous day. The market is still digesting the pending refund of assets from the collapsed Mt. Gox crypto exchange. Bitcoin fell sharply from levels of around $64,000 on Monday after news that Mt. Gox’s trustee will begin to return more than $8.5 billion of the crypto owed to creditors from the beginning of July.
Stocks are hoping to add a punchline to what's been a high-flying quarter thus far.
Balloting for a BTO flat is the first port of call for many first-time homeowners in Singapore. That said, these days, people are also turning to resale flats and executive condominiums (ECS) because... The post HDB Downpayment Guide: How Much Do You Need for BTO, Resale & EC? appeared first on MoneySmart Blog.
TOKYO (Reuters) -The Bank of Japan is dropping signals its quantitative tightening (QT) plan in July could be bigger than markets think, and may even be accompanied by an interest rate hike, as it steps up a steady retreat from its still-huge monetary stimulus. Notwithstanding a market shock or severe economic downturn, a rate hike would be on the table at each policy meeting, including July's, said three sources familiar with its thinking. "Given what's happening with inflation, interest rates are clearly too low," said one of the sources.
The S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) fell from their record highs seen last week as Nvidia (NVDA) sank for its third session in a row, losing over 6% for the day. With Nvidia and other tech giants, holding much of the weight of the S&P, what does this mean for the future of the index? Yahoo Finance Markets Reporter Josh Schafer joins Market Domination Overtime to break down the top market takeaways for the trading day on June 24. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
South Korea's SK Group plans to hold a two-day strategy meeting starting Friday to discuss streamlining its business to focus on key areas including artificial intelligence, chips and batteries. The group, best known for its chip firm SK Hynix, has become bloated over the past decade and its electric vehicle battery unit has lost billions of dollars. South Korea's second-largest conglomerate encompassed 219 companies as of May, the most among the country's 88 business groups, according to the Korea Fair Trade Commission.
Bank of America analysts predict a potential surge in gold prices, with estimates reaching $3,000 per ounce within the next 12-18 months. However, they acknowledge current market flows don't necessarily support this price point.
Stocks are hoping to add a punchline to what's been a high-flying quarter thus far.
The S&P 500 rose 0.4% and neared its all-time high set a week earlier, while the Nasdaq composite leaped 1.3% for its first gain in four days. Such strength came even as most stocks outside Wall Street’s frenzy around artificial-intelligence technology fell. The Dow Jones Industrial Average, which doesn’t include Nvidia among its members, was a laggard and sank 299 points, or 0.8%.
