Follow us on Telegram for the latest updates: https://t.me/mothershipsg A Singaporean man allegedly lost S$15,000 after making a trade using online brokerage Tiger Brokers. Kong Weng Hong, 29, told Mothership he sold about US$5,000 (S$6,976) worth of a US-listed penny stock in April 2022. After the trades went through, he realised that he was charged … [Read more...] about S’porean man allegedly lost S$15,000 after unexpected high transaction fees using Tiger Brokers
Tiger year 2010
AC Milan’s Italian defender Alessio Romagnoli (C-L with throphy), AC Milan’s Swedish forward Zlatan Ibrahimovic (Top R), AC Milan’s French forward Olivier Giroud (Bottom R) and AC Milan’s players celebrate with the winner’s trophy after AC Milan won the Italian Serie A football match between Sassuolo and AC Milan, securing the “Scudetto” championship on May 22, 2022 at the … [Read more...] about AC Milan wins first Serie A title in 11 years after final-day victory at Sassuolo
Brunei is heavily dependent on its hydrocarbon resource wealth, which provides more than half of the nation’s income. The government has highlighted its concerns about the nation’s oil dependence, which leaves it vulnerable to economic shocks. Brunei sees diversification as integral to its economic development and has outlined plans to reduce oil dependency and develop other … [Read more...] about Moving Away from Oil: How Can Brunei Diversify its Economy?
KUALA LUMPUR: Boustead Plantations Bhd ’s net profit surged to RM435.16mil in the first quarter ended March 31, against RM12.22mil a year ago on disposal gain and higher palm product price. The planter recorded a pretax and zakat of RM509.5mil. This includes a gain on disposal of Kulai Young land of RM364.1mil. “Excluding the gain, the operational unaudited profit … [Read more...] about Boustead Plantations’ net profit surges to RM435mil in 1Q
Inflationary pressure INFLATION data for April 2022, which will be the key focus this week, is expected to remain at around 2%. Malaysia’s consumer price index (CPI) in March 2022 rose 2.2% to 125.6 against 122.9 in March 2021, surpassing the average inflation for the January 2011 to March 2022 period which stood at 1.9%. Bloomberg estimates a 2.2% growth year-on-year … [Read more...] about The week ahead – Inflationary pressure, Singapore CPI, GDP, Monetary policy decisions