$S&P/ASX 200 (.XJO.AU)$ $S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$
Bond yields impact the price of money, and the price of money impacts the price of all assets. The problem for stock investors this week is the price of money just got a little more expensive.
Yields on the benchmark US 10-year Treasury Bond rose for a fourth day on Thursday, for a four-day gain of 0.21%. The move from 4.08% to 4.29% doesn't sound like much, but when you ...

I bought $Sembcorp Ind (U96.SG)$ which is one of the largest conglomerates listed on our local bourse, after its divestment of Sembcorp Marine (now $Seatrium (S51.SG)$ ) a couple of years ago.
At that time, I thought that divesting the struggling Sembcorp Marine was a good move, as the off-shore and marine industry was underperforming and dragging down the overall profitability of Sembcorp Industries. Sure enough, Semborp Industries’ stock price had so...