Toyota's Q2 US auto sales up 9% on SUV demand

The Smart Investor
4 Reliable Singapore Dividend Stocks That I Never Intend to Sell
There are good reasons not to let go of a great dividend-paying stock. Here are four of them I plan to hold for the rest of my life. The post 4 Reliable Singapore Dividend Stocks That I Never Intend to Sell appeared first on The Smart Investor.
The Smart Investor
4 Dividend-Paying Singapore Stocks That Can Help You to Better Prepare for Retirement
We highlight four dividend-paying stocks that can help you to enjoy a comfortable retirement. The post 4 Dividend-Paying Singapore Stocks That Can Help You to Better Prepare for Retirement appeared first on The Smart Investor.
Moneywise
Tennessee man goes from janitor to driving a $3 million Bugatti, calls this asset 'better' than real estate
It can be done.
BBC
Jeff Bezos to sell another $5bn of Amazon shares
In February, Mr Bezos announced that he would sell shares in technology giant worth around $8.5bn.
KameraOne
Terrifying moment passengers forced to leap from out-of-control bus
On July 2, passengers were forced to leap from an out-of-control bus while traveling on a mountain highway in Jammu and Kashmir, India. Terrifying footage captured the moment the vehicle's brakes failed, sending it flying down the road. The passengers were left with no choice but to flee for their lives.
Simply Wall St.
Exploring Three SGX Stocks With Intrinsic Value Discounts Ranging From 43% To 47.2%
Amidst a landscape of heightened vigilance against financial fraud, as highlighted by initiatives from major banks like National Australia Bank, investors in the Singapore market may find reassurance in focusing on fundamentally sound investments. In this context, identifying stocks trading below their intrinsic value can offer a prudent strategy, especially when market conditions underscore the need for careful investment choices.
Reuters Videos
China's BYD opens first EV factory in Southeast Asia
STORY: Step inside BYD's first electric vehicle plant in Thailand.It's part of the Chinese automaker's plan to expand in Southeast Asia, where BYD has become the dominant player.BYD CEO and President Wang Chuanfu."We are convinced that Thailand will have a golden development period for new energy vehicles. China and Thailand are geographically close, culturally close, and economic and trade cooperation is booming. New energy vehicles are not only a bridge between China and Thailand to enhance friendship, but also a link between BYD and Thailand."Thailand is a regional auto assembly and export hub.The country aims to convert 30% of its annual production of 2.5 million vehicles into EVs by 2030.Chinese EV makers clearly like the lure of the Thai government's subsidies and tax incentives.They've invested more than $1.4 billion setting up factories in the country, with BYD's new plant the latest addition.The sprawling facility is worth $490 million.And it will have a production capacity of 150,000 vehicles per year, including plug-in hybrids."It will provide over 10,000 jobs after reaching full capacity."As part of its expansion outside China, the world's largest EV maker is also building its first European production base in Hungary.Although BYD could feel some pain in that particular market.The European Commission has imposed tariffs of up to nearly 38% on Chinese-made EVs.
Insider Monkey
Here are the Reasons Why You Should Hold NVIDIA Corporation (NVDA) for the Long Term
Fred Alger Management, an investment management company, released its “Alger Focus Equity Fund” first quarter 2024 investor letter. A copy of the letter can be downloaded here. US markets performed strongly in Q1, with the S&P Index up 10.56%. Class A shares of the fund outperformed the Russell 1000 Growth Index in the quarter. Information […]
Simply Wall St.
Is Keppel Infrastructure Trust's (SGX:A7RU) 6.0% ROE Better Than Average?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Reuters
China steps up pressure with EU brandy probe hearing as EV tariffs begin
BEIJING (Reuters) -China announced the next step in its anti-dumping investigation into European brandy imports on Friday, ramping up tension on the day the European Commission's provisional tariffs on Chinese-made electric vehicles take effect. Ahead of the bloc confirming tariffs of up to 37.6% on Chinese-made EVs on Thursday, a commerce ministry spokesperson told a news conference that Brussels and Beijing should keep negotiating, but kept the prospect of retaliation was alive with a reference to another investigation into EU pork imports.
KameraOne
Shocking escalator malfunction sends rush hour commuters scrambling
Commuters at Ucyol Metro Station were thrown down an escalator when it suddenly reversed at high speed during rush hour. CCTV footage shows passengers clinging to handrails before being hurled backward. Eleven people were hospitalized and have since been released.
Reuters
China's central bank has hundreds of billions of yuan of bonds at its disposal to cool long rally
China's central bank has hundreds of billions of yuan worth of bonds at its disposal to borrow, and will sell them depending on market conditions, the bank told Reuters on Friday, part of a plan markets see as an effort to cool a powerful bond rally. The People's Bank of China (PBOC) will borrow the medium- and long-term bonds on an open-ended unsecured basis and sell them depending on market conditions, as it has signed agreements with several major financial institutions regarding bond borrowing, according to the bank. The official remarks come at a time China's sovereign bonds have performed strongly this year, with yields hitting record lows, as a wobbly economy and volatile stock markets pushed savers into fixed-income safe haven investments.
MoneySmart
How to Drive Into Johor Bahru From Singapore
From brunch at a trendy café in Mount Austin to shopping at KSL City Mall and dinner at a seaside kelong restaurant, Johor Bahru (JB) has it all. But getting... The post How to Drive Into Johor Bahru From Singapore appeared first on MoneySmart Blog.
GOBankingRates
25 Luxury Cars With Notoriously High Repair Costs
Maybe you've saved for years for that dream car or SUV from a luxury manufacturer, from pure power to fabulous features and finishes. But before you fork over the money for a huge down payment on that...
AFP News
EU slaps Chinese electric cars with tariffs of up to 38%
The European Union on Thursday slapped extra provisional duties of up to 38 percent on Chinese electric car imports because of Beijing's "unfair" support, a move that risks escalating tensions with Beijing.- Expected cut to imports - The United States has already hiked customs duties on Chinese electric cars to 100 percent, while Canada is considering similar action.
The Guardian
Shell to take hit of up to $2bn on Rotterdam and Singapore sites
Oil firm’s warning comes after it had to halt work on Europe’s largest biofuel project and sell refinery in Asia
AFP News
Why are Chinese electric cars in EU crosshairs?
The European Union will impose additional provisional duties of up to 38 percent on Chinese electric cars from Friday after concluding manufacturers in China benefited from unfair state support.The EU will now impose provisional duties between 20 and 38 percent on top of the current 10 percent tariff on Chinese electric cars.
AFP News
China's BYD opens EV plant in Thailand despite slowdown, tariff row
China's electric vehicle giant BYD opened a factory in Thailand on Thursday, continuing its international expansion despite a market slowdown and hours before the European Union was due to impose swingeing tariffs on Chinese EV firms.China has led the global shift to electric vehicles, with almost one in three cars on its roads set to be electric by 2030, according to the International Energy Agency's annual Global EV Outlook.
Reuters
MG, Nio hint at car price increases this year following EU EV tariff decision
Chinese brands MG and Nio suggested on Thursday they might raise prices of their cars in Europe later this year, following the European Union's decision to confirm tariffs on Chinese-imported EVs. The EU will impose tariffs of up to 37.6% from Friday on imports of electric vehicles made in China, EU officials said, ratcheting up tensions with Beijing in Brussels' largest trade case yet. Chinese automaker Nio said in a statement it might adjust prices of its cars in Europe as a result of the EU's decision on tariffs.
Investing.com
Japanese yen fragile as USDJPY nears 162; intervention in focus
Investing.com-- The Japanese yen steadied near its weakest levels in 38 years on Thursday, with the currency’s latest decline and low liquidity during a U.S. market holiday sparking fresh speculation over government intervention.

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Toyota's Q2 US auto sales up 9% on SUV demand

Toyota's Q2 US auto sales up 9% on SUV demand

Latest stories

4 Reliable Singapore Dividend Stocks That I Never Intend to Sell

4 Dividend-Paying Singapore Stocks That Can Help You to Better Prepare for Retirement

Tennessee man goes from janitor to driving a $3 million Bugatti, calls this asset 'better' than real estate

Jeff Bezos to sell another $5bn of Amazon shares

Terrifying moment passengers forced to leap from out-of-control bus

Exploring Three SGX Stocks With Intrinsic Value Discounts Ranging From 43% To 47.2%

China's BYD opens first EV factory in Southeast Asia

Here are the Reasons Why You Should Hold NVIDIA Corporation (NVDA) for the Long Term

Is Keppel Infrastructure Trust's (SGX:A7RU) 6.0% ROE Better Than Average?

China steps up pressure with EU brandy probe hearing as EV tariffs begin

Shocking escalator malfunction sends rush hour commuters scrambling

China's central bank has hundreds of billions of yuan of bonds at its disposal to cool long rally

How to Drive Into Johor Bahru From Singapore

25 Luxury Cars With Notoriously High Repair Costs

EU slaps Chinese electric cars with tariffs of up to 38%

Shell to take hit of up to $2bn on Rotterdam and Singapore sites

Why are Chinese electric cars in EU crosshairs?

China's BYD opens EV plant in Thailand despite slowdown, tariff row

MG, Nio hint at car price increases this year following EU EV tariff decision

Japanese yen fragile as USDJPY nears 162; intervention in focus