The US administration threw a spanner into the Sino-US trade negotiations by threatening to lift tariffs on $200 billion of Chinese imports from 10% to 25% as soon as this Friday…. …. It has, perhaps temporarily at least, provided President Trump with some respite from the Mueller report, which could still dominate the headlines, should the special counsel testify before Congress next week. In February Genting Singapore (SGX: G14) posted a 12% jump in bottom-line profit for the fourth quarter. It said this was thanks to better performances at both its gaming and non-gaming segments. The immediate challenge for the integrated-resort owner, however, will be convincing investors of the benefits of its S$4.5 billion expansion plan. Thai Beverage (SGX: Y92) delighted the market after it rep

In another twist to the Hyflux (SGX: 600) saga, the embattled company revealed that United Arab Emirates utility company Utico FZC could potentially give Hyflux a S$400 million investment. The water treatment firm said it received a non-binding letter of intent from Utico FZC last week. Utico plans to keep Hyflux’s key entities and operation intact and reach an “amicable” deal with creditors and investors. It was another busy earnings week in Singapore this week. Insurance company, Great Eastern Holdings Limited’s (SGX: G07) net profit for the first quarter more than doubled to S$342.7 million, driven by higher investment returns from favourable market conditions. However, operating profit from its insurance business declined 8% to S$150 million. United Overseas Bank Ltd  (SGX

The Dependants’ Protection Scheme (DPS) is an opt-out term insurance scheme automatically extended to all eligible CPF members. The scheme covers insured member for a maximum sum assured of $46,000, up to the age of 60. Most CPF members would be covered under the DPS even though some of us may not even realised that we have this coverage. In this article, we will highlight some important questions that you may have about the scheme.   Find Out More Is The Dependants’ Protection Scheme (DPS) Compulsory? What Is The Level Of Coverage Received For The Dependants’ Protection Scheme (DPS) And How Much Does It Cost? Would The Dependants’ Protection Scheme (DPS) Covers Me If I Have Pre-Existing Illness? What Happens If I Failed To Pay For The Coverage For My Dependants’ Protection

What a downer! In a month in which most investors expect local banks to announce rosy financial results, OCBC dropped the bombshell of a less-than-flattering Q4 performance. In a twist of event, OCBC share price got bombed out after delivering a lower Q4 net profit of 11% at $926 million. The surprise culprit for the disastrous performance was OCBC’s flagship subsidiary – Great Eastern Holdings, which announced a stunning 30% drop in net profit. Of course, one quarterly result does not define OCBC share price but OCBC management team was left absolutely red-faced as DBS and UOB both announced increasing profits of 8% and 7% respectively for the fourth quarter. Certainly, investors wasted no time in punishing OCBC share price. OCBC share price went into goofy mode, falling from $11.

Being a new parent comes with plenty of responsibilities. Never ending diapers change, feeding the little one every three hours and not having enough sleep are just some of the usual challenges that every parent can expect to face. Besides the extensive caregiving requirements that your newborn child will need, another area that parents should not overlook is the need to purchase the right insurance policy for their baby. In this article, we will highlight some of the key health insurance policies that you should consider getting for your newborn child. Why It Makes Sense To Buy Health Insurance Policies For Your Baby As Early As Possible Your financial adviser may give you a variety of reasons on why you should buy health insurance policies for your newborn as quickly as possible, but we

DBS Group Holdings Ltd (SGX: D05) and Great Eastern Holding Limited (SGX: G07) will be realising results next week. Here's what to expect.

Insurance companies says that you can achieve higher savings returns from endowment, that it is a long term savings strategy. Are they as what they touted to be? Insurance savings plans or Endowment plans are plans designed by insurance companies with an objective to provide and meet long term saving goals. The assured (in this case you, or someone) pays the insurance company a fixed sum of money monthly, quarterly or yearly, or a one time amount. The insurance company will: Return you a sum of money upon maturity, which could be 15, 20 or 30 years. This is getting less common. Most insurance savings plans are more flexible. Some endowment plans are designed to pay out after certain duration. (see above graphics as example) An annual cash flow insurance endowment plan Some endowment plan