Singapore stocks fell this week, with the STI down 0.5%. In terms of individual stocks, $Sri Trang Gloves(STG.SI)$ rose 19%; $Yangzijiang Shipbuilding(BS6.SI)$ rose 16%; $SBS Transit(S61.SI)$ rose 15%; $Seatrium Ltd(5E2.SI)$ up 11%; $China Aviation(G92.SI)$ rose 8%; $PropNex(OYY.SI)$ and $Genting Sing(G13.SI)$ fell 12%; $YZJ Fin Hldg(YF8.SI)$ and $Bumitama Agri(P8Z.SI)$ fell 11%;

The first half of 2025 was a rollercoaster marked by significant global news, market swings and shifting economic indicators.The S&P/ASX 200 closed at 8542.3 on Jun 30 and rose 4.7% in the first half year. Among AU stocks with market values exceeding A$10 billion, rising gold prices boosted $Evolution Mining(EVN.AU)$ and $Newmont Corp(NEM.AU)$ soaring 63% and 48% respectively.Medibank Private, Spurred By Improving FundamentalsIn February, Medibank reported its latest half-year results. The company unveiled a 6.1% jump in revenues for the six months to 31 December 2024 to $4.27 billion. Operating profits rose by 12.5% to $386.8 million, while underlying net profits after tax leapt 13.8% to $298.7 m

TMTPOST -- Chinese stocks traded in the United States extended their rally on Wednesday after China showed its aim to maintain a steady economic growth this year with more fiscal stimulus to weather the new round of trade war. Credit：Xinhua News Agency The Nasdaq Golden Dragon China Index, which tracks 65 China-exposed U.S.-listed companies, finished 6.4% higher at 8,073.43, the highest in the past five months. The index marked its best day since December, outperforming the U.S. benchmark S&P 500 with a rally of 1.12% on Wednesday. The American depositary receipts (ADRs) of Alibaba Group, the most valuable Chinese firm listed in U.S., surged 8.6%, and two domestic peers --Temu parent PDD Holdings Inc. and JD.com jumped 6% and 6.9%, respectively. China’s leading video platform Bilibili

TMTPOST --  OpenAI, the artificial intelligence (AI) star behind ChatGPT, is foraying into the hardware business. Credit：Meta Caitlin "CK" Kalinowski joined in OpenAI to lead robotics and consumer hardware, the former head of Meta Platforms' augmented reality (AR) glasses announced Monday.  "In my new role, I will initially focus on OpenAI's robotics work and partnerships to help bring AI into the physical world and unlock its benefits for humanity," Kalinowski said in a LinkedIn post. As a veteran of virtual reality (VR) and AR industry, Kalinowski used to lead Oculus VR’s hardware for more than nine years before the startup was acquired by Meta in 2014 for $2 billion. She served as head of AR glasses hardware in Meta since March 2022 and oversaw the creation of Orion, Meta’s mo

TMTPost -- Shares of China’s property developers soared Wednesday as a new press on housing sparked investors’ hope that Beijing will further stimulus to revive the beleaguered real estate sector. Credit：Xinhua News Agency The mainland China's CSI 300 Real Estate index closed 5.1% higher and Hong Kong's Hang Seng Mainland Properties Index up 3.4%. Shanghai-listed shares of Gemdale Corporation, Cinda Real Estate, Langold Real Estate hit their daily trading limit with a gain of around 10%. Hong Kong-traded shares of Ronshine China skyrocketed 121.4%, while shares of Sunac, Kaisa, Guangzhou R&F Properties and Vanke surged 40%, 38.5%, 32.7% and nearly 19%, respectively. In comparison, the mainland benchmark SSE Composite Index eked out a gain of 0.05% while Hong Kong’s Hang