Daily Briefing: Comfortdelgro nears 52-week low; Banks trimmed senior ranks in 2016

And here's a new way to refinance your home in Singapore.

From The Motley Fool:

Walter Schloss, who was dubbed a Superinvestor by Warren Buffett, was a deep value investor. He was very keen on stocks that were selling at 52-week low prices.

In Singapore, even among the blue-chip companies of the Straits Times Index (SGX: ^STI), there are a few stocks that are flirting with their respective 52-week low prices.

Let’s look at three of them – Wilmar International Limited (SGX: F34), Singapore Technologies Engineering Ltd (SGX: S63) and Comfortdelgro Corporation Ltd (SGX: C52) – starting with the stock that is closest to its 52-week low price.

Read more here.

From MoneySmart:

Your home loan is probably the single biggest financial commitment you’ll ever take on, and one you could spend the next few decades paying for. Given the magnitude, you obviously want to ensure you lighten the load as much as possible. That’s why it’s so important to be aware of when it’s time to refinance your home loan.

It can save you thousands of dollars over the years, raise your capital gains on resale and basically make your expensive home purchase a bit less expensive.

Read more here.

From eFinancialCareers:

Global investment banks in Hong Kong and Singapore have been trimming their senior ranks over the past year. “As a result, a number of displaced directors and MDs have taken consultancy and training contracts at small local banks in developing markets like Indonesia, Myanmar and Vietnam,” says Pan Zaixian, general manager of Singapore search firm Kerry Consulting. “Their assignments include developing business strategies, compliance frameworks and trading platforms. It takes some adjustment to move from head-honcho positions at IBs – where they enjoyed great infrastructure support – to now doing their own PowerPoints and booking their own flights.”

Read more here.