SingPost board should speed up resetting directions

SingPost board should speed up resetting directions

[ad_1] [SINGAPORE] Shareholders of postal service provider Singapore Post (SingPost) could understandably be frustrated and disappointed that the annual general meeting (AGM) held last week did not deliver the answers they wanted. SingPost posted an underlying net loss of S$461,000 for the second half-year ended Mar 31, from a net profit of S$28.1 million in…

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US ETF outperforming S&P 500 becomes substantial shareholder in Rex, has stakes in 30 Singapore stocks

US ETF outperforming S&P 500 becomes substantial shareholder in Rex, has stakes in 30 Singapore stocks

[ad_1] [SINGAPORE] A US-based exchange-traded fund (ETF) has recently become a substantial shareholder of Rex International after raising its stake in the oil exploration and production company. Avantis International Small Cap Value ETF (AVDV ETF), an actively managed ETF, in July increased its stake in Rex International to 5.3 per cent, or around 69 million shares.…

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Toyota sees record global sales despite Trump’s tariff turmoil

Toyota sees record global sales despite Trump’s tariff turmoil

[ad_1] Published Wed, Jul 30, 2025 · 01:23 PM [TOKYO] Toyota Motor saw record global sales during the first half of 2025 as strong demand for hybrid vehicles in core markets helped offset headwinds from US President Donald Trump’s tariffs on cars imported to the US. Toyota’s global sales, including that of subsidiaries Daihatsu Motor…

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Samsung’s big Tesla order fuels recovery bets despite chip woes

Samsung’s big Tesla order fuels recovery bets despite chip woes

[ad_1] [HONG KONG] Samsung Electronics’ surprise US$16.5 billion chipmaking deal with Tesla has breathed new life into a foundry business all but written off by many investors. Its stock has risen 9 per cent since news about the agreement on Monday (Jul 28), bringing Samsung’s gains in July to over 20 per cent and putting…

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Asia: Markets mixed as China-US talks end, eyes on tech earnings

Asia: Markets mixed as China-US talks end, eyes on tech earnings

[ad_1] [HONG KONG] Asian markets were mixed on Wednesday as investors kept tabs on China-US developments after they agreed to further talks to extend their trade truce, while eyes were also on tech earnings and a key Federal Reserve meeting. After deals were reached with the European Union and Japan over the past week, focus…

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RHOD’s D’Andra Simmons Diagnosed With Breast Cancer

RHOD’s D’Andra Simmons Diagnosed With Breast Cancer

[ad_1] D’Andra Simmons is sharing a difficult medical update. The Real Housewives of Dallas alum said she has been diagnosed with breast cancer and will be treated at a hospital in Dallas that her family coincidentally helped start. “Today is the day!” Simmons wrote in her July 29 Instagram post. “I didn’t think I would…

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Palmer Luckey’s Anduril leads second quarter surge for venture capital in greater L.A.

Palmer Luckey’s Anduril leads second quarter surge for venture capital in greater L.A.

[ad_1] Venture capital investments in the Greater Los Angeles region more than doubled to $5.8 billion in the second quarter, compared to a year ago, as investors poured money into the area’s defense tech and aerospace companies amid escalating geopolitical tensions. Costa Mesa-based defense tech company Anduril received the most venture capital in the region…

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