- A + A KUALA LUMPUR (Aug 9): Bursa Malaysia closed mixed on Tuesday (Aug 9) with the benchmark index ending in the positive territory backed by buying in heavyweights, in sync with the mixed performance in regional bourses. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 1.65 points to 1,497.68 from Monday’s close of 1,496.03. The benchmark index, which opened 2.49 points higher at 1,498.52 on Tuesday morning, fluctuated between 1,495 and 1,501.03 throughout the trading session. The broader market was negative as losers beat gainers 395 to 373, while 460 counters were unchanged, 1,039 untraded, and eight others suspended. Total turnover increased to 2.52 billion units worth RM1.26 billion from 2.19 billion units worth RM1.33 billion on Monday. Rakuten Trade Sdn Bhd vice president of equity research Thong Pak Leng said investors seemed reluctant to make more significant moves due to the absence of buying catalysts as the market undertone remained jittery … [Read more...] about Bursa ends mixed
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Dear Reader , The Panorama newsletter is sent to Moneycontrol Pro subscribers on market days. It offers easy access to stories published on Moneycontrol Pro and gives a little extra by setting out a context or an event or trend that investors should keep track of. In a case of how cheer for the economy may not be so for markets, investors in US stocks fretted over excellent jobs data. US businesses added 5,28,000 jobs in July, beating most estimates by an embarrassing margin. US 2-year treasuries rose after the report, as the market priced in a more certain likelihood of another 75-basis point rate hike by the US Fed. But the S&P 500 slipped, as investors pondered over what too strong an economy could mean for interest rates. Those fears did not carry over to India, however, with the stock market rising by a strong 0.8 percent at 1.15pm. The RBI’s 50 basis point hike in the repo rate last week and its determination to stay in ‘withdrawal of accommodation’ mode is … [Read more...] about Moneycontrol Pro Panorama | Are US and Indian markets decoupling?
Startup founders need every tool at their disposal to successfully launch and grow their businesses. One of those tools is a clear understanding of how the licensing business model can be employed to support their goals , including speed to market and filing intellectual property that is attractive to investors. The concept of licensing has been around for a very long time. The inventor of the first patented technology -- Samuel Hopkins, in 1790, for a new method of manufacturing potash and pearl ash -- licensed it to a local businessman the next year, says historian Arthur Daemmrich at the Lemelson Center for the Study of Invention and Innovation. Basically, one party (the inventor or artist) grants another party (typically a company) the right to produce and sell something they created. As far as I can tell, most startup founders aren't very familiar with the concept of licensing a product onto the market. Venturing -- the traditional method of bringing a … [Read more...] about The Benefits of Licensing for Startups.
In her article "The Real Danger of Going on 'Shark Tank': Copycats" for the Wall Street Journal last weekend, writer Ruth Simon documents the consequences of going public with your product idea. If it's promising, it will be imitated quickly... and even if it isn't, others may accuse you of being a thief. As an example, Simon relays the ordeal of Lori Cheek, an entrepreneur who appeared on the show in 2014. Her dating business still doesn't have any revenue. "But it has accumulated more than $60,000 in legal bills, after a viewer of the show accused Ms. Cheek of stealing his idea." Ouch. Here's the reality: If you have a great new product, it will get copied. Even if you have a patent, trademark, and/or copyright protection. In my opinion, it's literally impossible to protect anything these days. Reverse engineering is as doable as ever. If counterfeiters don't steal from you outright, a close alternative may pop up on the market. And make no mistake. It's not just … [Read more...] about So, You’ve Been Knocked Off. Congratulations!
Share to Twitter Share to Linkedin As this energy transition continues to move forward in a somewhat halting fashion, prodded along by energy and climate policy decisions, it is becoming increasingly apparent that displacing a substantial percentage of current fossil fuel usage on a global scale will require a far more diverse set of solutions than just more subsidies for wind and solar. Not that such subsidies are being abandoned, of course: Quite the opposite, in fact. Robert Bryce reported Sunday at Forbes that the Manchin/Schumer cornucopia of climate spending (cynically titled the “Inflation Reduction Act”) passed on a strictly partisan vote by the Senate would direct another $113 billion to just those two rent-seeking industries over the coming decade. Fortunately, the bill also recognizes that subsidies for those two industries alone won’t do the trick. Manchin’s own statement on the huge tax and spending package recognizes that reality, stating … [Read more...] about Hydrogen A Winner As Manchin Forces A Diverse Energy Transition Policy Approach
Share to Twitter Share to Linkedin We humans have a long held fascination for the most extreme things – the biggest, the fastest, the oldest, the rarest and of course, from mountain to building to tree, the tallest. Which is why Hyperion is such a special draw, tempting those who like to experience such extremes to beat a path to its 380 feet (115 meters) of towering trunk, branch and leaf. But Hyperion’s scale and notoriety have brought problems to its surroundings, deep in the forests of Northern California. A coastal redwood located in a remote part of Redwoods National and State Park far from the well-worn trails, Hyperion was first first found by two amateur naturalists in 2006, park manager for natural resources Leonel Arguello told the Associated Press . But by 2010, its location had been shared online creating an influx of enthusiasts trampling their way through areas not intended for park visitors. In 2019, Guinness World Records certified it … [Read more...] about Visiting The World’s Tallest Tree Could Now Land You In Jail
Share to Twitter Share to Linkedin The site of this year's Super Bowl was within walking distance of many hotels and all of downtown ... [+] Indy. Sunday’s Super Bowl was the most watched television event in American history, tuned into by nearly half of all households and at peak time, more than 117,000,000 viewers. Ad rates were $3.5 million per 30 second spot, and while viewers debated who was better, an overweight Volkswagen obsessed dog or Clint Eastwood, the real beneficiary of all that airtime and all those viewers was the city of Indianapolis. “Ten years from now, I think we will look back on this one single day as the tipping point in tourism and perception for the city,” said Chris Gahl, Vice President of Marketing for the Indianapolis Convention and Visitors Association. Several years ago when the city decided to go for the 2011 Game (it ended up with 2012), the bid process required $25 million in non-taxpayer funds, and several … [Read more...] about Super Bowl XLVI’s Real Winner? Indianapolis!
Overhauling Denver’s campaign finance rules was popular with voters in 2018. More than 70% of Denverites who cast ballots that year voted for Referred Measure 2E. The sweeping change to the city’s campaign rules ratcheted down contribution limits for candidates seeking every seat from mayor to the city auditor, banned direct corporate and union campaign contributions and established a fair elections fund to provide public financing for candidates who agreed to abide by even lower contribution limits and other rules. Participate in the fair elections fund and receive a 9-to-1 public funding match on contributions from Denver residents between $5 and $50. In other words, a $50 donation becomes $500 with taxpayer money so long as the donor hails from the city and county. A lot has happened since then. First, the measure’s backers struck a deal with the City Council to delay the law’s effective date until after the 2019 municipal election instead of trying to enact the changes … [Read more...] about In crowded city races, Denver’s new fair election fund will face first test
Bicol region map LIGAO CITY — Health authorities have recorded 11 fatalities due to leptospirosis in Bicol region from January 1 to July 30. Based on data released by Department of Health Center for Health Development (DOH-CHD) Bicol Regional Epidemiology Surveillance Unit, three patients who died of the rodent-borne disease were from Albay province, two came from Camarines Norte, two from Catanduanes, one from Camarines Sur and theee from Sorsogon province. There were also 85 cases of the disease covering the same period in the entire region. Dr. Rosa Maria Rempillo, local health support division chief of DOH-CHD in Bicol, told Inquirer in a text message Tuesday, August 9, that there was a 3 percent decrease of leptospirosis incidence in Bicol this year compared in 2021. Some 88 cases were recorded last year. “In order not to get infected with the deadly disease, avoid submerging in flood waters particularly if the person has an open wound,” Rempillo said. Leptospirosis … [Read more...] about Bicol records 11 leptospirosis-related deaths
Cassy Garcia hopes to unseat Democratic Texas Rep. Henry Cuellar with a conservative agenda focused on border security, the economy and energy independence, she told the Daily Caller News Foundation in an exclusive interview. “I’m so proud of everything I’ve done and I want to work so hard for everybody in District 28. I believe in the American dream, I’m living the American dream and I want everybody to continue living the American dream,” Garcia told the DCNF. Garcia argues that she can be part of the “red wave” of Latina Republicans, like Rep. Mayra Flores, who recently won a competitive race in south Texas. Republican candidate Cassy Garcia believes she has what it takes to beat Democratic Rep. Henry Cuellar as part of an expected “red wave” in south Texas, she told the Daily Caller News Foundation in an exclusive interview. Cuellar, who’s represented the district since 2004, is one of the only Democrats to support efforts to secure the border and to have taken a … [Read more...] about EXCLUSIVE: Meet The Woman Trying To Unseat One Of Texas’ Democratic Reps