IJR News

Lumentum shares drop as funds trim holdings

Multiple institutional investors trimmed or expanded their Lumentum positions in Q1, with Dimensional Fund Advisors cutting 29.2% and Himension Capital Singapore trimming 35.3%, while Temasek and several funds added new stakes and Arrowstreet extended holdings in related quarters; overall institutional ownership sits around 94%. Insider activity appeared in Florida Financial Advisors’ notice of a share sale, alongside continued diversified moves across the investor base.

Jul 27, 2026

Social Issues

Jacksonville Man Arrested After Viral Racial Slurs

A string of global incidents involving men harassing or threatening women—ranging from a Scottish man awaiting sentencing for threats and violence toward a couple to a Singaporean stalker exposed on social video, and a Jacksonville man arrested after a viral clip showing racial slurs and threats toward a woman. The cases underscore ongoing concerns about public harassment and violence against women across different contexts and countries.

Jul 25, 2026

Markets

Las Vegas Sands Q2 2026 Strong Results

Las Vegas Sands reported mixed Q2 2026 results, with EBITDA of $689 million from Marina Bay Sands alongside growing mass gaming revenue and continued share buybacks totaling $787 million, while overall revenue reached about $3.15 billion and earnings missed estimates amid Macau headwinds. The company emphasized Singapore growth and expansion plans, including potential future capacity, as it remains focused on Asia following the 2022 asset sales.

United States Asia

Jul 23, 2026

Singapore Cabinet Changes Elevate New Leaders

Singapore Prime Minister Lawrence Wong unveiled a cabinet reshuffle aimed at balancing immediate leadership transition with continuity, promoting a new generation while keeping veteran ministers in key roles after recent resignations. Key changes include K. Shanmugam becoming Senior Minister, MTI renamed to METI led by Gan Kim Yong and Tan See Leng, and promotions of Jeffrey Siow, David Neo, Sim Ann, and Ng Chee Meng, with portfolio shifts involving Manpower and Trade and Industry and changes taking effect from late July.

Jeffrey Siow Lawrence Wong

Jul 22, 2026

Markets

Himension Capital Expands Global Equity Footprint

Himension Capital Singapore PTE. LTD. expanded its portfolio in Q1 by taking new positions and increasing stakes across several equities, including BHP Group, ARK Genomic Revolution ETF, USA Rare Earth, Lam Research, and Tempus AI, with stake sizes ranging from about 2 million to 2.25 million dollars. The firm’s activity was complemented by other institutional investors also adjusting positions in these names, underscoring broad interest in these growth and tech-focused stocks during the period.

United States BHP Group

Jul 22, 2026

Startups

Ant International secures $1.2B for global payments expansion

Ant International raised about $1.2 billion in a Series A, with participation from Ant Group and Alibaba as it pursues global expansion in merchant payments, account management and other financial services, while integrating AI across its infrastructure. The Singapore-based unit, spun out in 2024, operates four units—Alipay+, Antom, WorldFirst and Bettr—across Asia, Europe, the Middle East and Latin America, serving roughly 150 million merchants and 2 billion user accounts and was valued at about $10 billion prior to the funding.

Jul 21, 2026