Posts by Stephanie Irvin
Court Nightmare? How to Skip Probate Entirely
Probate can be a real headache, and it’s something most folks want to dodge if they can. It’s not just about the red tape; it’s also about the time and money it can eat up. Plus, who wants their personal affairs aired out in public records? Luckily, there are several ways to sidestep probate entirely,…
Read MoreOil prices set for third straight weekly fall on tariff concerns
Oil prices finished with daily gains on Friday (Feb 7) after new sanctions were imposed on Iran’s crude exports, but prices were down for the week as investors worried about US President Donald Trump’s renewed trade war on China and threats of tariffs on other countries. Brent crude futures settled at US$74.66 a barrel, up…
Read MorePorsche warns pullback from EVs will drag on profit this year
PORSCHE will take an 800 million euros (S$1.1 billion) hit linked to revamping its lineup this year, further pinching the sports-car maker’s already disappointing profit margins. Expenses tied to expanding the product portfolio with more combustion engine and plug-in hybrid models will drop return on sales to the 10 to 12 per cent range this…
Read MoreChina starts pilot project allowing insurance funds to invest in gold
CHINA, the world’s biggest bullion consumer, will allow some of its insurance funds to buy gold for medium- and long-term asset allocations as part of a pilot project, the country’s financial regulator said on Friday (Feb 7). The project should broaden institutional demand and may provide support to gold prices in China in the longer…
Read MoreFrasers Property registers S$1 billion in pre-sold revenue as at end-2024; net gearing up to 86.4%
FRASERS Property registered S$1 billion in pre-sold revenue across Singapore, Australia, Thailand and China, as at Dec 31, 2024, its business update on Friday (Feb 7) indicated. Net gearing stood at 86.4 per cent as at end-2024, up from 83.4 per cent as at Sep 30, 2024. The increase in net gearing was mainly due…
Read MoreVietnam sets ambitious nuclear power goals to help fuel growth
VIETNAM formally approved a nuclear power development plan with the aim of having a reactor online in the next decade, an ambitious strategy to lift energy security and meet aggressive economic growth targets. The country launched a regulatory framework, and plans to establish human resources and research infrastructure needed to develop atomic energy by 2030,…
Read MoreXiaomi hits new high on China’s subsidy programme boost
XIAOMI’S shares surged to a fresh record in Hong Kong on Friday (Feb 7), as new product launches and benefits from China’s nationwide subsidy programme burnished the company’s sales outlook. The stock has rallied 12 per cent this week, after the company said it will release two new products – a high-end SU7 Ultra…
Read MoreSGX soars 9% on profit surge and strong prospects ahead; Maybank upgrades stock to ‘buy’
MAYBANK upgraded its call for the Singapore Exchange (SGX) to “buy” and raised its price target for the stock on Friday (Feb 7). That comes after SGX on Thursday (Feb 6) posted a net profit of S$340 million for the first half ended December, up 20.7 per cent from S$281.6 million in the year-ago period.…
Read MoreCitadel gives rare glimpse of US$57 billion gains from its largest funds
CITADEL offered a rare glimpse under the hood of its multistrategy funds during a lucrative period for the most profitable hedge fund firm ever. The firm’s US$1 billion bond offering this week required Ken Griffin’s secretive hedge fund to produce a prospectus for investors, a copy of which was obtained by Bloomberg. While it does…
Read MoreSolo or LLC? The Choice That Could Save Your House
When you’re starting a business, one of the first big decisions you’ll face is choosing the right business structure. It’s not just paperwork; it’s about protecting your personal assets, like your house, and shaping the future of your business. Whether you go solo as a sole proprietor or form an LLC, each path has its…
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