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

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

[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 the…

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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

[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 has…

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RHOD’s D’Andra Simmons Diagnosed With Breast Cancer

RHOD’s D’Andra Simmons Diagnosed With Breast Cancer

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 be…

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Black Sabbath Bassist Geezer Butler Remembers Friendship With Ozzy Osbourne, Final Rehearsal Days In Emotional Essay: “A Born Entertainer”

Black Sabbath Bassist Geezer Butler Remembers Friendship With Ozzy Osbourne, Final Rehearsal Days In Emotional Essay: “A Born Entertainer”

Though he’s remembered by hard rockers as the Prince of Darkness, Ozzy Osbourne is known to Black Sabbath bassist Terence “Geezer” Butler as the Prince of Laughter. In an emotional essay penned in The Times U.K., the bandmate recalled his decades-long friendship with the heavy metal pioneer, recalling the formation of the seminal group and…

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Donald Trump Repeats False Claim Beyoncé Was Paid $11 Million To Endorse Kamala Harris; Calls To Prosecute Singer, Oprah & Al Sharpton

Donald Trump Repeats False Claim Beyoncé Was Paid  Million To Endorse Kamala Harris; Calls To Prosecute Singer, Oprah & Al Sharpton

On Saturday, Donald Trump repeated false claims that Beyoncé was paid $11 million to endorse Kamala Harris on the campaign trail in October of last year. The Truth Social post comes as the president faces scrutiny from his own base over the release of the Jeffrey Epstein files. Taking to his social media platform yesterday,…

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US Fed is set for contentious debate as investors eye fall rate cut

US Fed is set for contentious debate as investors eye fall rate cut

[NEW YORK] US Federal Reserve officials are determined to hold interest rates steady a little while longer, though an increasingly contentious debate at this week’s policy meeting may bolster expectations for rate cuts in the fall. Fed chair Jerome Powell is under intense pressure from US President Donald Trump and his allies to reduce borrowing…

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