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SpaceX Stock Crashes Below IPO Price as Rinehart’s A$700m Gain Evaporates
SpaceX shares dropped below their US$135 IPO price, erasing US$903 billion in value. Australian billionaire Gina Rinehart’s estimated A$700m profit from the June listing has been wiped out.
Freesia Woods Couple Wins Termite Lawsuit: S$10,978 Compensation on July 15
Freesia Woods condo management ordered to pay S$10,978 compensation after court finds it breached duty to prevent termite infestation. First reported case of its kind in Singapore.
Nvidia (NASDAQ: NVDA) Partners With Fanuc and Yaskawa to Accelerate AI-Powered Robotics Development
Nvidia confirmed Thursday, July 16, 2026, that it’s partnering with Japanese robotics giants Fanuc and Yaskawa Electric to accelerate AI-powered robotics development. CEO Jensen Huang announced at a media event in Tokyo, framing physical AI as the technology’s next major frontier. The move expands Nvidia’s Cosmos Coalition, a growing alliance built around its robotics software…
Nichirei Cyberattack Crushes 2871.T Stock 8.2% as KFC Japan Faces Closures
Nichirei stock plunges 8.2% after cyberattack disrupts frozen food logistics across Japan. KFC Japan warns of possible store closures and menu cuts due to supply chain breakdown.
US-Based CEOs Dominate ASX Top 10 Earners; Hulls Tops List at $47.7M
US-based CEOs now occupy half the top 10 highest-paid positions on the ASX. Life360’s Chris Hulls earned $47.7M in FY2025, nearly 500 times the average Australian wage.
Scott Mills Was BBC’s Highest Earner at £745k Before March Sacking
Scott Mills earned up to £749,999 as BBC’s highest-paid presenter before being sacked in March 2026 following a police investigation into historical allegations.
Osaka Hospital Nurse Aide Sentenced for Abusing Elderly Patients, Filming Attacks
Former nursing assistant at Osaka’s Yushinkai Kosei Hospital convicted of assaulting elderly patients, filming abuse. Hospital staffing gaps cited as contributing factor.
Quebec Cuts EV Quotas to 80%, Imposing $10.3B Cost on Consumers by 2030
Quebec’s reduced EV quotas will cost consumers $10.3B by 2030 while saving automakers $2.7B, according to a government impact analysis released July 9, 2026.
Hong Kong Banks Hike Fixed Deposit Rates to 7.88% in July 2026
Hong Kong banks boost fixed deposit rates in July 2026, with top offers reaching 7.88%. Bank of China, DBS, and digital banks compete for deposits amid Fed rate hike expectations.