Posts by Mark Darwin
How Do Parlay Bets Work?
Parlay bets are a popular way for sports fans to combine multiple wagers into one for a chance at a larger payout. But how do parlays work? In this article, we’ll break down the basics of parlay betting, how to place a parlay bet, calculate odds and payouts, and explore different types of parlays. Whether…
Read MoreUS: Wall Street opens higher after November job growth soars
WALL Street’s main indexes opened higher on Friday (Dec 6) as traders increased bets on a Federal Reserve rate cut this month after the November payrolls report. The Dow Jones Industrial Average rose 58.6 points, or 0.13 per cent, at the open to 44,824.29. The S&P 500 rose 6.3 points, or 0.10 per cent,…
Read MoreBroadcom unveils new tech to speed up custom chips amid rising generative AI demand
BROADCOM said on Thursday (Dec 5) that its custom chip unit, which makes artificial intelligence (AI) processors for cloud providers, has developed new technology to enhance semiconductor speeds amid escalating demand for generative AI infrastructure. Palo Alto, California-based Broadcom is among the biggest beneficiaries of hefty demand for AI-supporting hardware, as so-called hyperscalers turn to…
Read MoreRHB says Suntec Reit unitholders should reject S$1.16 per unit offer, sees positives for the Reit
Offer price is a 44% discount to the trust’s net asset value per unit, notes the research house RHB has recommended unitholders of Suntec Real Estate Investment Trust (Reit) to reject the mandatory conditional cash offer for its units. Property tycoon Gordon Tang and his wife Celine on Thursday (Dec 5) had launched an offer…
Read MoreStocks to watch: Sembcorp Industries, Suntec Reit, Digital Core Reit, SingPost
THE following companies saw new developments that may affect trading of their securities on Friday (Dec 6): Sembcorp Industries: The group’s wholly owned subsidiary, Sembcorp Fuels, signed a 10-year sale-and-purchase agreement with oil major Chevron Corp for approximately 0.6 million tonnes of liquefied natural gas each year. Its delivery is expected to commence in 2028. Shares…
Read MoreAviva is said to boost Direct Line takeover bid to £3.4 billion
AVIVA has increased its offer for Direct Line Insurance Group to about £3.4 billion (S$5.8 billion), days after its initial proposal to buy the UK motor insurer was rejected, people with knowledge of the matter said. London-listed Aviva has made a fresh bid of about 261 pence per share as it seeks to convince…
Read MoreIs Panera’s Sip Club Worth It?
Panera’s Sip Club is a popular membership program that offers unlimited beverages for a monthly fee. But is it really worth it? In this article, we will look into what the Sip Club is all about, how it works, and if the benefits outweigh the costs. We’ll also explore the drink options, customer feedback, and…
Read More25 Countries Where Tipping is Banned
Tipping is a common practice in many parts of the world, but not everywhere. In some countries, tipping is not just uncommon; it’s actually banned. This article explores 25 countries where tipping is prohibited, highlighting how these cultures value service without the extra cash. If you’re curious about places where you won’t need to leave…
Read MoreHot stock: OKH Global surges 38.9% after proposed acquisition of Chip Eng Seng
The company says the purchase could present a new growth opportunity in the building and construction industry SHARES of OKH Global surged on Thursday (Dec 5) after the group announced that it plans to acquire construction company Chip Eng Seng for about S$118.5 million. The counter rose 38.9 per cent or S$0.007 to S$0.025 when…
Read MoreHow Citi lost US$17 million on biggest Aussie block trade in years
CITIGROUP undercut rivals this week to win the biggest block trade in Australia in seven years, only to see the deal unravel and leave the US bank with unsold stock on its books. The firm outbid other rivals on a block trade in property firm Goodman Group by China Investment Corporation (CIC) with a discount…
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