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DBS Saturday Savings Plan Launches July 18: S$3 Off Eggs and Rice at Sheng Siong, Giant
DBS launches Saturday Savings Plan from July 18 to Aug 29, offering S$3 discounts on eggs and rice at Sheng Siong and Giant supermarkets for cardholders. Part of bank’s S$10M cost-of-living push.
SK Hynix Surges 13% in Record $26.5B Nasdaq Debut on July 10
SK Hynix debuts on Nasdaq with $26.5B raise, closing up 13%. The South Korean chipmaker supplies high-bandwidth memory to Nvidia and faces exponential AI demand that outpaces its doubled production plans.
Cathay Pacific Flight CX509 Tail Strike Prompts Hong Kong Aviation Probe
Cathay Pacific Airbus A330 tail strike during landing attempt in poor weather at Hong Kong airport on July 3. All passengers and crew safe. CAD investigation underway.
XPeng Robotaxi Enters Testing as CEO Takes First Autonomous Ride
XPeng starts robotaxi testing in Guangzhou with CEO’s first ride. Stock up 1.5% as company targets 2026 commercialisation. Meyka rates XPEV a B with $25.30 yearly forecast.
China’s Batanes Claim Sparks Regional Tension as Philippines Rejects Academic Sovereignty Push
Chinese scholars assert Batanes Islands are Chinese territory in June symposium. Philippines rejects claim as baseless and warns of manufactured narratives designed to create territorial ambiguity.
Kalyan Jewellers Surges 36% in Three Days After Q1 Revenue Jumps 38%
Kalyan Jewellers shares surge 36% in three days after Q1 revenue jumps 38% YoY. Strong same-store sales and international growth offset gold tariffs and wedding season headwinds.
FBI Probes Argentine Football Association Over $300M in US Transfers
FBI investigates Argentine Football Association for alleged money laundering and fraud involving $300 million in U.S. transfers. No charges filed yet. Investigation ongoing.
NVDA Bounces 4% as Memory Chip Shortage Eases AI Bottleneck
Nvidia stock climbs 4% on July 10 after a $1 trillion market cap decline. Memory chip shortage eases, but competition from Micron and others intensifies as AI infrastructure demand shifts.
Bayer Seeks Glyphosate Tariffs, Angering Farmers Who Backed Its Roundup Win
Bayer petitions for tariffs on Chinese glyphosate imports, angering U.S. farm groups who supported its Supreme Court Roundup win. Tariffs could cost farmers billions.