Sembcorp signs non-binding term sheet for gas sales agreement

Yahoo Finance Singapore
CPF minimum interest rate of 4% extended 1 more year till 31 December 2024
This rate is for the CPF Special, MediSave and Retirement Account. What's the Q4 interest rate for the Special and MediSave Account? Find out here.
a day ago
Reuters
China approves export licences for chip materials gallium, germanium
BEIJING (Reuters) -Some Chinese companies have obtained export licences for gallium and germanium products, the commerce ministry said on Thursday, after Beijing set new conditions on exports from Aug. 1. The comments came after China's exports of germanium and gallium items plunged in August, the first month of the export controls，customs data showed on Wednesday. China unveiled curbs that month on exports of eight gallium and six germanium products, starting from August.
a day ago
AFP News
Dollar rallies, US stocks fall as Fed signals it could hike again in 2023
Wall Street stocks dropped and the dollar rallied Wednesday after the Federal Reserve kept interest rates unchanged, but signaled it could lift them again this year.But analysts rated the move a "hawkish pause" because Federal Reserve Chair Jerome Powell again refused to declare it the end of the central bank's cycle of interest rate increases.
2 days ago
Yahoo Finance
Interest rates staying 'higher for longer' means at least through 2026 for the Fed
The Fed kept rates steady on Wednesday but suggested a less friendly outlook for investors betting on the central bank starting to back off its efforts to bring inflation down.
a day ago
The Smart Investor
SGX Announces a New Corporate Structure: Can the Bourse Operator Continue Growing its Profits and Dividends?
Singapore’s sole stock exchange operator has unveiled a new corporate structure but can the group continue to grow its profits and dividends? The post SGX Announces a New Corporate Structure: Can the Bourse Operator Continue Growing its Profits and Dividends? appeared first on The Smart Investor.
2 days ago
Reuters
Nvidia, other US chip stocks stall over valuation, industry worries
Some of the shine is wearing off shares of Nvidia and other U.S. semiconductor companies after a stunning 2023 rally, as investors weigh steep valuations, rising Treasury yields and signs of industry unease. Chip stocks soared to start the year, with the Philadelphia SE Semiconductor index rising over 50% through July. No stock symbolized the chip industry's success more than Nvidia, whose shares tripled in 2023 as the company's market value topped $1 trillion, driven by excitement over the central role of the company's products in artificial intelligence applications.
21 hours ago
Reuters
UBS cuts nearly 70% Credit Suisse researchers in Hong Kong-sources
UBS has cut around 70% of the Hong Kong-based staff headcount at Credit Suisse's securities research unit, two sources with direct knowledge of the matter said, as the two Swiss banking giants move ahead with integration of operations. UBS' takeover of Credit Suisse, the biggest bank merger since the 2008 global financial crisis, was hastily arranged in March this year by Swiss authorities to avert Credit Suisse's collapse. As part of the integration process, UBS decided to absorb Credit Suisse's Securities Research service this month, wrapping the business into its own research operations, Reuters reported on Sept. 5.
a day ago
Yahoo Finance
Stock losses deepen as Wall Street braces for 'higher for longer' interest rates: Stock market news today
US stocks continued their retreat on Thursday as investors worried over the Fed's hawkish stance.
17 hours ago
Reuters
Exclusive-Vietnam's VinFast to deliver EVs to Europe this year as EU probes China rivals
HANOI (Reuters) -Vietnamese electric vehicle (EV) maker VinFast plans to ship its first EVs to Europe this year after receiving regulatory approval, its CEO told Reuters on Thursday, as the European Union considers imposing tariffs on its Chinese rivals. Under the plan, about 3,000 of its VF8 crossovers would be delivered to France, Germany and the Netherlands in the fourth quarter of this year from VinFast's factory in northern Vietnam, a person familiar with the plan told Reuters. The Nasdaq-listed company's plan to expand into Europe would represent a four-fold increase from a previous unmet target of delivering 700 cars by last July, and comes as the EU probe into Chinese EV makers creates a possible gap in the market.
a day ago
Yahoo Finance
Federal Reserve leaves interest rates unchanged at 22-year high, signals one more hike in '23
The Federal Reserve on Wednesday left the target range for its benchmark interest rate unchanged at a 22-year high.
2 days ago
Associated Press
Japan's troubled Toshiba to delist after takeover by Japanese consortium succeeds
A 2 trillion yen ($14 billion) tender offer for troubled electronics and energy giant Toshiba by a Japanese consortium has been completed, clearing the way for it to be delisted, the company said Thursday. In the tender offer, announced last month and ended Wednesday, the number of shares purchased exceeded the minimum needed, at 78.65%, it said. The switch to Toshiba's new parent company and largest shareholder, called TBJH Inc. will take place on Sept. 27.
a day ago
The Telegraph
Now is not the time to ditch this cyclical stock despite 62pc decline in its shares
The stock market’s dismal performance over recent years is tempting some investors to sell up and walk away.
8 hours ago
Financial Times
How Xi Jinping is taking control of China’s stock market
By using listing and trading rules to direct capital into sectors that fit his priorities, the president wants the market to serve the state
9 hours ago
The Smart Investor
Looking to Accelerate Your Wealth Accumulation? Here is How to Harness the Power of Compounding
Looking to grow your wealth? Here is how you can make use of compounding to accelerate your wealth-building. The post Looking to Accelerate Your Wealth Accumulation? Here is How to Harness the Power of Compounding appeared first on The Smart Investor.
a day ago
Zacks
Shell (SHEL) Opens World's Largest EV Charging Station in China
Shell (SHEL) launches the world's largest EV charging station in China with 258 charging points and solar panels with 300,000 KWh capacity, as part of a joint venture with BYD.
a day ago
The Telegraph
Best time to lock in a savings rate in 15 years – here are the best deals
Savers have been urged to lock in the best deals now as a shock pause on interest rate rises risks banks pulling offers within days.
21 hours ago
The Telegraph
Cost of renting a home rises at record pace
The growth in rental prices hit a new record high for the second month in a row in August, as the national rental crisis deepens, official data shows.
2 days ago
The Guardian
Next raises profit outlook again and says prices could fall in spring
Retailer ups full-year expectations for third time in four months as it signals prices could fall for first time in at least two years
21 hours ago
Reuters
Gold slides as Fed reinforces higher-for-longer rates outlook
Gold extended its decline for a third consecutive on Thursday, weighed by the surge in the U.S. dollar and U.S. bond yields after the Federal Reserve hardened its hawkish posture on interest rates. Spot gold shed 0.5% to $1,920.10 per ounce by 1149 GMT, having briefly touched its highest since Sept. 1 before closing lower in the previous session. The Fed held interest rates steady on Wednesday, but its updated quarterly projections showed that rates may be lifted once more this year and kept tight through 2024.
a day ago
PropertyGuru
Will Interest Rates Increase Further In 2023? How This Affects Your Mortgage in Singapore
The current high interest rate environment has seen increases in the monthly mortgage payments for homeowners in Singapore servicing their property with floating rate bank loans. Learn what we can expect of Singapore mortgage rates in 2023.
2 days ago

Yahoo Style

Rating some of the best mooncake bags you can get in Singapore this year

Sembcorp signs non-binding term sheet for gas sales agreement

Latest stories

CPF minimum interest rate of 4% extended 1 more year till 31 December 2024

China approves export licences for chip materials gallium, germanium

Dollar rallies, US stocks fall as Fed signals it could hike again in 2023

Interest rates staying 'higher for longer' means at least through 2026 for the Fed

SGX Announces a New Corporate Structure: Can the Bourse Operator Continue Growing its Profits and Dividends?

Nvidia, other US chip stocks stall over valuation, industry worries

UBS cuts nearly 70% Credit Suisse researchers in Hong Kong-sources

Stock losses deepen as Wall Street braces for 'higher for longer' interest rates: Stock market news today

Exclusive-Vietnam's VinFast to deliver EVs to Europe this year as EU probes China rivals

Federal Reserve leaves interest rates unchanged at 22-year high, signals one more hike in '23

Japan's troubled Toshiba to delist after takeover by Japanese consortium succeeds

Now is not the time to ditch this cyclical stock despite 62pc decline in its shares

How Xi Jinping is taking control of China’s stock market

Looking to Accelerate Your Wealth Accumulation? Here is How to Harness the Power of Compounding

Shell (SHEL) Opens World's Largest EV Charging Station in China

Best time to lock in a savings rate in 15 years – here are the best deals

Cost of renting a home rises at record pace

Next raises profit outlook again and says prices could fall in spring

Gold slides as Fed reinforces higher-for-longer rates outlook

Will Interest Rates Increase Further In 2023? How This Affects Your Mortgage in Singapore