- A + A KUALA LUMPUR (Sept 30): Bursa Malaysia ended the last trading day of the third quarter of the year on a slight dip, after roller-coaster trading all day long. At 5pm on Friday (Sept 30), the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 2.87 points or 0.21% to settle at 1,394.63, from Thursday’s close of 1,397.50. The benchmark index opened 2.21 points easier at 1,395.29 and subsequently moved between 1,390.41 and 1,402.23 throughout the day. On the broader market, decliners outpaced gainers 462 to 358, while 408 counters were unchanged, 1,155 untraded, and 37 others suspended. Total turnover decreased to 2.08 billion units worth RM1.91 billion, from 2.28 billion units worth RM1.86 billion on Thursday. Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the near term market sentiment remains jittery due to uncertain regional and global performance. “However, we believe bargain hunting may prevail going forward, as the … [Read more...] about Bursa Malaysia dips slightly on last trading day of third quarter, with key index down
The flurry of private market investments over the last two years that led to a mismatch in valuations of high-growth technology companies compelled Nandan Nilekani's Fundamentum Partnership to stay away from any new investment in 2021 as the firm couldn't find companies where it thought it would be able to generate returns, according to top officials at the venture capital (VC) firm. In 2021, the deal velocity was significantly higher and the time taken for due diligence was ‘far shorter,’ which led to the VC going slow on its investments, said Ashish Kumar and Sanjeev Aggarwal, co-founders and general partners at Fundamentum Partnership, in an interview with Moneycontrol. Fundamentum recently raised its second fund of $227 million to invest in growth-stage and early-stage startups in India and according to Aggarwal and Kumar, the company plans to deploy the entire fund in about 36-40 months or three-and-a-half years as compared to its first fund of $100 million which was … [Read more...] about Tiger Global coming at early-stage investing is good for us: Fundamentum’s Sanjeev Aggarwal and Ashish Kumar
Share to Twitter Share to Linkedin Simon Meffan-Main , Ph.D., Vice President, the Tetra Partner Network, TetraScience - the Scientific Data Cloud Company. The Covid-19 pandemic has been the greatest health crisis of our time. However, it crystallized once and for all that a transformation across life sciences to accelerate new therapies is not only possible but essential. Covid-19 is the classic example of a " black swan " event—something rare and unpredictable that catches us off-guard and dramatically alters the status quo. For biopharmaceutical companies that meant abandoning "the way we've always done it" to consider novel ways of working that they might have otherwise been slow to adopt. Prior to this black swan event, vaccine development typically took at least seven years . Yet once the industry set its sights on Covid-19 vaccines, it developed two incredibly effective vaccines in under one year. This speed can be credited to the … [Read more...] about No Turning Back For Post-Covid-19 Pharma, But How Quickly Can The Industry Move?
Share to Twitter Share to Linkedin Executive Chairman of the Tortora Brayda Institute and CEO of Gorilla Corporation, a leading technology global channel marketing agency. One of the top priorities for the United States is to make its critical infrastructure less vulnerable to cyber threats from foreign adversaries and insider threats. While the Biden administration is making remarkable progress in this field through, for example, Executive Order 14028 on Improving the Nation’s Cybersecurity, the task at hand is vast and complex, even for an advanced superpower. This is why we must all come together and do our share of the work. According to the USTelecom’s 2021 Cybersecurity Survey of Critical Infrastructure Small and Medium-Sized Businesses (SMBs) , only half of C-suite executives in SMB-critical infrastructure regard cybersecurity as being a high priority, and 26% of employees feel the same. This is a red alert situation. Essentially, … [Read more...] about The Vulnerability Of Mid-Market Critical Infrastructure Against Cyberattacks And Why It Matters
Share to Twitter Share to Linkedin Brian Bronson , President of Americas and APAC, Capgemini Engineering. By now, all business leaders know to expect the unexpected. They also know this cliché is often easier said than done. Prior to March 2020, companies were already bracing themselves for certain disruptions. However, no one anticipated the pandemic—or the impact it would have on businesses, governments and everyday life. More than two years later, we’re still feeling the cataclysmic changes. Leaders, now more than ever, are focusing on technologies such as AI, cloud, 5G and edge computing to stay ahead of the competition and overcome business obstacles. However, there’s arguably one piece of the digital transformation puzzle that will truly drive predictive, optimized capabilities for business across sectors: digital twins. These solutions create virtual replicas of physical systems that can mirror, track and analyze their duplicates, helping … [Read more...] about Setting Business Precedents In Unprecedented Times With Digital Twins
For pregnant Americans, giving birth is only half the challenge—the other half is paying for it. The Peterson-Kaiser Family Foundation Health System Tracker estimates the average cost of pregnancy, childbirth, and postpartum care for Americans with insurance is $18,865. Nearly $3,000 of that is paid for out-of-pocket. While every baby is different, the cost of giving birth in the United States is consistently high. Shouldering that cost can be a challenge for many families, especially those who are uninsured or underinsured , but knowing what expenses to expect can help you prepare. Key Takeaways Pregnancy, childbirth, and postpartum costs in the United States are some of the highest in the world. Vaginal delivery in the U.S. costs $11,453 on average; C-sections average $17,103. While insurance significantly reduces costs, pregnancy and birth still cost nearly $3,000 in out-of-pocket expenses. Many births are not standard, so prospective parents should be prepared … [Read more...] about How Much Does It Cost to Have a Baby in America?
The neonatal intensive care unit (NICU) is designed to provide around-the-clock healthcare for babies who are born prematurely or with life-threatening health conditions. An NICU stay can be emotional and stressful for parents, and there may be financial aftershocks once medical bills begin arriving. Newborn intensive care costs can be significantly higher than standard newborn care costs . While your insurance should pay for some of your medical expenses, it may not cover everything. Key Takeaways A neonatal intensive care unit (NICU) provides around-the-clock care for prematurely born babies and newborns with certain health conditions. If your baby has to go to the NICU shortly after birth, it’s important to add them to your health insurance policy as soon as possible. Health insurance may cover some, though not all, of the costs associated with neonatal intensive care. Parents whose insurance does not cover the full cost of NICU or who are uninsured may qualify for … [Read more...] about Managing Costs for an NICU Stay
Children form financial habits as early as ages 7 to 9, according to the National Financial Educators Council. However, their curiosity about money and how the economy works often starts even before that. Questions about the role of money in our lives can bring a panicked expression to the faces of some parents. They’re concepts that seem too complicated to explain or that you may not be entirely sure of yourself. Here are 10 common questions children are likely to ask you about finances—and some ideas on how to answer them like a pro. Key Takeaways Younger children, still learning the idea of money as a limited resource, are more likely to ask questions about why you can’t always just get more at the bank. As kids get older and ask about the price of various items, parents can introduce the basic concept of supply and demand. Teenagers are typically ready for more advanced financial concepts, such as how stocks work and the ways that people invest. Young Kids … [Read more...] about 10 Questions That Kids Ask About Money
Jessy Mendiola. Image: screengrab from YouTube/Jessy Mendiola Jessy Mendiola revealed she contracted and has since recovered from COVID-19 while five months pregnant with her child with TV host Luis Manzano. The actress documented her experience while in self-isolation at home via her YouTube vlog yesterday, Sept. 15. Some of the symptoms that Mendiola experienced included mild sore throat, colds, headaches, fever and dry cough. “Magti-three years na ‘yung [COVID-19], ngayon lang ako nag-positive. Actually, naiyak ako kay How How (Manzano) nu’ng nalaman kong positive ako kasi siyempre si Peanut talaga ‘yung iniisip ko,” she admitted, referring to her baby. (COVID-19 has been around for almost three years, now is the only time I tested positive for it. Actually, I cried to How How when I found out I was positive because I was definitely thinking of [my baby] Peanut.) Mendiola then stressed the importance of COVID-19 vaccines and boosters, noting that her symptoms were less … [Read more...] about Jessy Mendiola reveals she tested positive for COVID-19 while pregnant
Democratic West Virginia Sen. Joe Manchin hopes that the upper chamber is not split 50-50 again after the midterms, he said Thursday. The party’s left-wing has exerted significant pressure on Manchin and Arizona Sen. Kyrsten Sinema, the Senate’s swing votes during the 117th Congress, to eliminate the filibuster and support election nationalization and social spending packages. The two ultimately supported a $740 billion green energy and healthcare bill, although members like Vermont Sen. Bernie Sanders and New York Rep. Alexandria Ocasio-Cortez pushed for more than $3.5 trillion in new spending. “I’m just praying to God it’s not 50-50 again,” Manchin told NBC News. “I’d like for Democrats to be 51-49. But whatever happens, I hope it’s not a 50-50.” NEW: Joe Manchin says he’s ‘praying’ for an end to 50-50 Senate as it breaks for election “I’m just praying to God it’s not 50-50 again,” Manchin tells NBC. “I’d like for Democrats to be 51-49. But whatever happens, I hope it’s … [Read more...] about ‘I’m Just Praying To God It’s Not 50-50’: Sen. Manchin Weighs In On Midterms