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Tencent’s Cash Dividend Weighs On Meituan

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Key News Asian equity markets were mixed overnight on light volumes as investors worried about financial contagion. Hong Kong had a volatile day as Jack Ma’s visit to China lifted Alibaba and the market, a rally that ran out of out of steam in the afternoon. Baidu fell -3.17% due to rumors of a delay in its ERNIE chat bot launch. Meituan fell -6.28% and was today’s most heavily traded in Hong Kong by value after the company’s Q4 financial results, which were announced after the close on Friday, beat estimates. The stock’s drop is likely driven by Tencent’s decision to deliver a cash spinoff of Meituan, rather than shares, which obviously requires selling Meituan shares in the open market. Healthcare was the only positive sector in both Hong Kong and Mainland China after CSPC Pharma’s mRNA Covid-19 vaccine was approved. Mainland markets were off though “outperformed,” i.e. they fell less than Hong Kong as CNY and the … [Read more...] about Tencent’s Cash Dividend Weighs On Meituan

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Five Essential Activities For First-Time Visitors To Jakarta

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin With roughly 270 million people living within its borders, Indonesia is the fourth most populous nation on the planet—and for a deep dive into the fascinating array of cultures found across the country, there’s no better destination than Jakarta. This massive metropolis has served as the Indonesian capital since 1961, offering a colossal array of top-tier restaurants, museums, and historic landmarks for both visitors and locals to enjoy. As you plan your first visit to this storied city, don’t miss out on these incredible Indonesian experiences. Try Flavorful Indonesian Cuisine in PIK Located just east of Soekarno–Hatta International Airport, Pantai Indah Kapuk—or PIK, for short—is one of Jakarta’s most affluent communities, providing visitors with a wealth of polished restaurants to enjoy during a visit. While the province of Bali has earned abundant acclaim for its spectacular natural beauty, visitors to PIK can … [Read more...] about Five Essential Activities For First-Time Visitors To Jakarta

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Fox News Host Brian Kilmeade Goes On The War Path Against Trump Following Waco Rally

March 27, 2023 by dailycaller.com

Fox News’ Brian Kilmeade criticized former President Donald Trump on Monday morning following Trump’s Saturday rally in Waco, Texas. During the opening of the rally, Trump’s team played the song “Justice for All” by the J6 Prison Choir, which includes individuals who were jailed for their role in the Jan. 6 Capitol riot, over the loudspeakers. As the song played, a montage of images from the riot appeared on a large screen. As footage from the Jan. 6, 2021, insurrection at the U.S. Capitol is displayed in the background, former President Donald Trump stands while a song, “Justice for All,” is played during a campaign rally at Waco Regional Airport, Saturday, March 25, 2023, in Waco, Texas. pic.twitter.com/j8y1XSfJD1 — Evan Vucci (@evanvucci) March 26, 2023 Kilmeade criticized Trump for showing the images. (RELATED: Most Voters Think Trump Indictment Wouldn’t Hurt, Or Could Even Help, Him Win The Presidency: POLL) Kilmeade said President Joe Biden is vulnerable … [Read more...] about Fox News Host Brian Kilmeade Goes On The War Path Against Trump Following Waco Rally

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Lies, Cursed Lies, And Spreadsheets: A History Of Financial Calculations

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Bruce V. Roberts, CEO of Carofin , arranges direct private investments in growth companies by family offices and high net worth individuals. For over 100 years there has been debate among historians, and a few eccentric mathematicians, over the origin of the quote, “There are three types of lies: lies, damned lies and statistics.” If you’re English, you could go with the 1st Earl of Balfour in 1892 or Benjamin Disraeli, a leading politician at that time. If you’re American, you’re probably thinking Mark Twain came up with it (he didn’t). Either way, it’s time to update this clever phrase—given today’s technologies. Spreadsheets, created on personal computers, now generate most of the financial reports and other more challenging computations used worldwide, including the statistics our forebears were so suspicious of. Complex analysis doesn’t necessarily lead to better conclusions. Monster spreadsheets, … [Read more...] about Lies, Cursed Lies, And Spreadsheets: A History Of Financial Calculations

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Sagi Rodin Creates Frontegg Customer Management And Identity Platform For SaaS App Builders

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin The arrival of Software as a service or SaaS platforms may have started with Salesforce.com in 1999, but the business model has reached near ubiquity today. Yet the challenge for creating in-house the underlining systems that manage multi-user logins and security for it remains for many SaaS app developers. Sagi Rodin encountered the same challenge while working as a software engineer for the Israeli-based Check Point Software, one of the world’s most innovative and largest security companies. For each new application he worked on, he had to build from scratch the customer identity and access management application (CIAM). So he decided to leave Check Point to solve the problem. Founded in Israel in 2019 by Sagi Rodin, CEO and Aviad Mizrachi, CTO, Frontegg is a platform that supports app builders by covering all aspects of authentication from single-sign on to complex, multi-tenancy authorization, API-token management … [Read more...] about Sagi Rodin Creates Frontegg Customer Management And Identity Platform For SaaS App Builders

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Does It Make Sense To Delay Motherhood For Your Career?

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin One major consideration for women, specifically women who want a family, is how motherhood will impact their careers. And one question these women often ask themselves is whether it makes sense to delay motherhood in order to realize their full potential. Motherhood penalizes professional women in several ways. Not only does it negatively affect their income and leadership status, it also influences their ability to get promoted and hired. They are often overlooked when it comes to career-advancing opportunities. A recent survey of 1,000 U.S. women who chose to delay motherhood after the age of 35 by WIN , a leading family-building benefits provider, revealed motivating factors, challenges, and benefits to women’s decisions and how fertility benefits factor into the journey. According to the survey, relationships, lifestyle, and finances were major considerations that impacted women’s decisions. By waiting to … [Read more...] about Does It Make Sense To Delay Motherhood For Your Career?

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