✨ Value Investing Substack NEWS - US Railroad Industry Primer
Heatwave Grips World, Laos To Become Fastest Growing Economy, 1MDB Whale Offers $1.5B Settlement, Canada & US Hike Bigly, Russia's Energy Gambit, 17 US Democrats Arrested, Biden Visits Saudi & Israel
Note: Apologies for going MIA, I just got back from a week-long holiday. I’ll be taking another one in August… but until then your regularly scheduled market news is back!
FRONT PAGE
SUBSTACKS + LONG-READS + TWEETS
LINKS
(all links are in reverse chronological order)
Stock Markets:
Rumors of Warren Buffett cutting BYD holdings stem from misreading of trading rules, analyst says
High Court issues bankruptcy notice against CC Puan (Tech - Malaysia)
Sabah to cancel work passes for Hibiscus Petroleum units by Oct 1 unless arrears paid (O&G - Malaysia)
Germany’s Top Buyer Of Russian Gas On The Brink Of Insolvency
Amazon warehouses aren’t just unionizing—they’re upending labor organizing in the process
Tech:
Netflix loses nearly 1 million subscribers, and its stock soars
Chip designers warm to U.S. bill despite big benefits to Intel
Macro
ASEAN:
Vape ban will affect bumiputra businesses, 15k jobs at risk (Malaysia)
China and Malaysia pledge stronger ties (Malaysia)
Rajapaksa Told to Leave Singapore After 15 Days, India Refuses to Let Him Stay Here (Singapore)
As Malaysia’s parliament resumes, will it be Najib Razak’s last meeting? (Malaysia)
Jho Low said to have offered RM1.5 bil to Malaysian Govt to settle all charges against him (Malaysia)
Medal dropped during award ceremony (Brunei - Reddit)
Laos Set to Become World’s Fastest Growing Economy If… (Laos)
Tourism fee to hit all foreigners (Thailand)
America:
Yellen raises concerns of China's 'unfair' economic practices in call with Liu
At least 17 Democratic lawmakers arrested outside Supreme Court during abortion rights protests
House passes same-sex-marriage protections, citing threat from Roe decision
Fed Officials Preparing to Lift Interest Rates by Another 0.75 Percentage Point
Saudi Arabia’s King Salman, Crown Prince Mohammed bin Salman meet US President Biden
Bank of Canada hikes rate to 2.5%. Here's what it means for you
US Democrats Urge New $650 Billion IMF Aid on Ukraine War Hit
Eurozone:
Russia's Gazprom tells European buyers gas supply halt beyond its control
Europe 'shot itself in the lungs' with sanctions on Russia, Orban says
European Power Jumps as Low Wind Is Exacerbating Energy Crisis
Rest of World:
News & Other:
Heatwave: National emergency declared after UK's first red extreme heat warning
Ex-Trump adviser breaks nine ribs in watersport accident in Bali
Ivana Trump died of blunt force injuries to her torso, medical examiner says
Elon Musk’s dad, 76, has another child ... with his 35-year-old stepdaughter
Child of refugees becomes Germany’s first black female cabinet minister
MEDIA
(all links are in reverse chronological order)