Posts by Mark Darwin
Singapore stocks open lower on Thursday; STI down 0.1%
SINGAPORE shares fell at Thursday’s (Dec 26) open, reversing from Tuesday’s gains before investors took a break for Christmas. The Straits Times Index (STI) fell 3.1 points or 0.1 per cent to 3,766.45 as at 9.01 am. Across the broader market, gainers outnumbered losers 59 to 41 after 44.7 million securities worth S$16.3 million changed…
Read MoreStocks to watch: Koh Brothers Eco Engineering, ComfortDelGro, Cromwell E-Reit
THE following companies saw new developments that may affect the trading of their securities on Thursday (Dec 26): Koh Brothers Eco Engineering: Its wholly owned subsidiary bagged a S$313.9 million contract from the Land Transport Authority to design and construct a bus depot in Lorong Halus. Works will begin on Jan 6, 2025, and are…
Read MoreChina keeps key rate steady with traders expecting cuts in 2025
CHINA kept a key interest rate unchanged – a move widely expected by economists – as it seeks to keep its powder dry ahead of possible escalation in trade tensions with the US. The People’s Bank of China (PBOC) held the interest rate on the one-year medium-term lending (MLF) facility steady at 2 per cent,…
Read MoreBank of Japan’s Ueda expects further progress in hitting price target next year
THE Bank of Japan (BOJ) expects the economy to move closer to sustainably achieving the central bank’s 2 per cent inflation target next year, governor Kazuo Ueda said on Wednesday (Dec 25), suggesting the timing of its next interest rate increase was nearing. But he warned of the need to scrutinise the fallout from “high…
Read MoreThe Truth About AI Trading Bot Scams
AI trading bots sound like a dream come true. They promise to make money while you sleep, taking the guesswork out of trading. But not all bots are created equal. Scammers are using the buzz around AI to trick people into investing in fake bots. These scams can lead to huge financial losses and emotional…
Read MoreMost Common Money-Wasting Purchases
Ever wonder where all your hard-earned money goes? You might be surprised to find out how much of it disappears on things you don’t really need. From impulse buys to those sneaky subscription services you forgot about, it’s easy to fall into the trap of stupid purchases. Let’s dive into some of the most common…
Read MoreThe Truth About AI Trading Bot Scams
AI trading bots sound like a dream come true, right? You set it up, sit back, and let the profits roll in. But here’s the catch: not all of them are legit. Scammers are out there, and they know exactly how to play into the hype. They promise you the moon, and before you know…
Read MorePending Charges: Timeline Guide
Ever checked your bank account and saw something like ‘pending credit’? It’s like when you lend your buddy five bucks, and he says he’ll pay you back next week. You know it’s coming, but it’s not in your pocket yet. Pending credits work kinda the same way. They’re transactions that haven’t fully gone through. This…
Read More50 States Ranked by House Prices
Ever thought about where you should buy a house in the U.S.? Well, here’s a list that ranks all 50 states by house prices. It’s a mixed bag with some surprises along the way. Whether you’re dreaming of the sunny beaches in California or the bustling streets of New York, this list has got you…
Read MoreSingPost’s proposed A$1b sale of Australian business ‘on track’: buyer Pacific Equity Partners
THE proposed divestment by Singapore Post (SingPost) of its Australian logistics business is not affected by SingPost’s recent firing of its three senior executives, the buyer Pacific Equity Partners (PEP) told The Business Times on Tuesday (Dec 24). The question of whether the transaction could be scuppered by the sacking that included group chief executive…
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