WTI delivered to East Houston hits highest premium in nearly three years

SETHLUI.COM
8 unspoken problems that some Singapore hawkers face
The post 8 unspoken problems that some Singapore hawkers face appeared first on SETHLUI.com.
Reuters
ASML CEO says world needs the legacy chips China is producing, Handelsblatt reports
Chip buyers, including the German car industry, need the older generation computer chips that Chinese chipmakers are currently investing in, the CEO of equipment maker ASML said in an interview with Germany's Handelsblatt newspaper published on Monday. The remarks by Christophe Fouquet, who took over as CEO at Europe's largest tech firm in April, come as the European Commission has begun surveying firms including ASML for their views on Chinese firms' investments in so-called "legacy" chips, an important source of revenue for ASML. "The automotive industry in particular, including the German one, needs a lot more chips that are manufactured using simpler, long-known technologies," Fouquet told the paper.
The Telegraph
Apple unfairly sacked analyst who took secret photos of female colleague
Apple unfairly sacked an employee at its London headquarters who took secret photos of a female colleague and shared them with other staff, a judge has ruled.
Moneywise
Is the $1M nest egg irrelevant? 81% of retirees 65-plus with $50K-$100K in savings say they're living decently
There’s no one-size-fits-all plan for retirement.
The Telegraph
How the ‘junkification’ of Amazon sparked a race to the bottom against China
Need to buy a paintbrush? You might start in the same place millions of shoppers do every day: by opening the Amazon app. In the search results you will find a baffling array of brushes, sold by brands such as CNMTCCO, HTHL and Skaaisont, all largely indistinguishable from one another.
Simply Wall St.
3 High Yield Dividend Stocks On SGX With Up To 6.7% Yield
As global financial dynamics continue to evolve, recent developments such as Visa and Mastercard's commitment to maintaining capped fees on tourist card transactions underscore a broader trend towards regulatory stability and cost predictability in international commerce. In this context, dividend stocks, particularly those offering high yields on the Singapore Exchange (SGX), may appeal to investors looking for reliable income streams amid fluctuating market conditions.
Reuters
Public policy favors $7 billion fee award in Musk pay case, Tesla shareholder's lawyer says
WILMINGTON, Delaware (Reuters) -A record $7 billion in attorneys' fees for three firms that successfully challenged Elon Musk's $56 billion Tesla pay package provides an incentive for lawyers to hold corporate boards accountable, an attorney for a company shareholder told a Delaware judge on Monday. For more than six hours, legal teams for the company and a shareholder sparred over how much to award to three law firms which represented Richard Tornetta, who owned nine shares of Tesla when he sued over Musk's pay package in 2018. The fee Tornetta has asked for on behalf of the firms equals around $7.3 billion at Tesla's Monday stock price and amounts to a rate of roughly $370,000 for every hour worked by the 37 lawyers, associates and paralegals, court documents submitted by Tornetta's lawyers showed.
GOBankingRates
Retirement Planning: How Much the Average 65-Year-Old Retiree Spends Monthly
As people get closer to their 60s, they often think about transitioning into retirement -- and doing so comes with an adjustment to the budget. While every individual has different spending habits...
South China Morning Post
China's tech boom powering AI career coup, with finance muscled out at top of salary pyramid
China's rapidly expanding artificial intelligence (AI) sector has nudged aside finance to top the country's salary rankings for the second quarter of 2024, as Beijing's push for self-sufficiency in tech and the rush to capitalise on the industry's global popularity are helping firms in the field outpace the banks, funds and brokerages that have tended to offer the highest-paying jobs. Propelled by an explosion of demand as businesses race to develop and trial AI applications, jobs in this sector
GOBankingRates
8 Jobs for Retirees That Pay Weekly
Working in retirement is often a completely different experience than "having to work" during a traditional work career. For many seniors, working in retirement is enjoyable and has huge mental and...
AFP News
China's BYD to open electric car plant in Turkey
China's electric vehicle giant BYD will open a factory in Turkey, a government source told AFP on Monday, as the company continues its international expansion."BYD will open a plant in Turkey," the source said, adding the details would be announced by President Recep Tayyip Erdogan.
Simply Wall St.
Steering Clear Of Olam Group On SGX For One Better Dividend Stock Option
In the pursuit of reliable dividend stocks on the Singapore Exchange, investors often encounter a mix of opportunities. However, it's crucial to scrutinize whether high dividend yields are supported by sustainable financial practices. For instance, companies like Olam Group with excessively high payout ratios might pose risks, suggesting potential overextension rather than financial robustness. This article will compare two such companies to help investors make informed choices.
Fortune
Asda is scrapping its ‘physically exhausting’ 4-day workweek, revealing a critical factor in why it can fail
Staff needed to work 11-hour shifts to get their fifth fay off, leading to a host of productivity problems.
CNN Business
A key part of America’s economy has shifted into reverse
America’s services sector is losing steam at a time when it’s highly unclear whether the broader job market will hold steady or result in unexpectedly higher unemployment.
CoinDesk
Bitcoin Mining Profitability Rose in June as Market Adjusted for the Halving: Jefferies
U.S.-listed mining companies produced a greater share of bitcoin in June than May as they brought on new capacity while the network hashrate dropped, the report said.
Reuters
Brazil chicken exporters enjoy less US competition, strong Mideast demand
Brazilian chicken export data indicates the outlook is positive for the remainder of 2024, meat lobby ABPA said on Monday, citing weaker competition from U.S. supplies and continued strong demand from traditional Middle East importers. Brazil's chicken exports averaged 431,400 metric tons per month through June, 0.8% higher than the monthly average recorded for the whole of 2023, which was 428,200 tons, according to ABPA data. The relative absence from U.S.-based chicken exporters in the market, and steady sales to countries like the United Arab Emirate and Saudi Arabia, are good signs for suppliers in Brazil, the world's largest chicken exporter, according to ABPA.
GOBankingRates
10 Signs You’ll Retire Comfortably in the Middle Class
Defining the middle class is tricky. According to the Pew Research Center, you could be considered "middle class" if your household income is two-thirds to double the national median income -- so...
South China Morning Post
Alibaba Cloud's new ads tout AI computing power with endorsements from major clients
Alibaba Group Holding's cloud computing unit on Monday launched a new advertising campaign in China featuring top executives from start-up Moonshot AI and online recruitment platform Zhilian Zhaopin, amid fierce competition in the local market. The ads - currently displayed at airports in Beijing and Hangzhou, capital of eastern Zhejiang province - promoted the market leader's capability of supporting artificial intelligence (AI) development at well-known Chinese companies with the slogan, "Alib
Reuters
India to get coking coal from Mongolia on trial basis in July, sources say
India will import coking coal from Mongolia on a trial basis from later this month, two sources familiar with the matter said, as New Delhi seeks to diversify imports of the key steelmaking raw material to cut over-reliance on Australia. Steelmakers including JSW Steel and the state-owned Steel Authority of India (SAIL) are poised to receive coking coal shipments from Mongolia after months of negotiations, said the sources, who did not wish to be named in line with official rules.
Reuters
BMW seeks lower import tariffs for China-made electric Mini, source says
BMW has asked Brussels to calculate lower tariffs for imports of its China-made electric Mini to Europe, which are currently subject to the highest duties under provisional EU regulation, according to a person familiar with the matter. Last week, the European Commission announced provisional duties on European imports of electric vehicles produced in China, giving EV producers until July 18 to comment. Models of BMW's Chinese-made electric Mini have only been produced for a few months and were not part of Brussels' sample analysis in the run-up to the tariff announcement, which means they were automatically subjected to the highest tariff level.

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WTI delivered to East Houston hits highest premium in nearly three years

Latest stories

8 unspoken problems that some Singapore hawkers face

ASML CEO says world needs the legacy chips China is producing, Handelsblatt reports

Apple unfairly sacked analyst who took secret photos of female colleague

Is the $1M nest egg irrelevant? 81% of retirees 65-plus with $50K-$100K in savings say they're living decently

How the ‘junkification’ of Amazon sparked a race to the bottom against China

3 High Yield Dividend Stocks On SGX With Up To 6.7% Yield

Public policy favors $7 billion fee award in Musk pay case, Tesla shareholder's lawyer says

Retirement Planning: How Much the Average 65-Year-Old Retiree Spends Monthly

China's tech boom powering AI career coup, with finance muscled out at top of salary pyramid

8 Jobs for Retirees That Pay Weekly

China's BYD to open electric car plant in Turkey

Steering Clear Of Olam Group On SGX For One Better Dividend Stock Option

Asda is scrapping its ‘physically exhausting’ 4-day workweek, revealing a critical factor in why it can fail

A key part of America’s economy has shifted into reverse

Bitcoin Mining Profitability Rose in June as Market Adjusted for the Halving: Jefferies

Brazil chicken exporters enjoy less US competition, strong Mideast demand

10 Signs You’ll Retire Comfortably in the Middle Class

Alibaba Cloud's new ads tout AI computing power with endorsements from major clients

India to get coking coal from Mongolia on trial basis in July, sources say

BMW seeks lower import tariffs for China-made electric Mini, source says