Will some semblance of calm return after turbulent September?
SINGAPORE - To say it has been rough in September might seem like an understatement. Not only was the market rocked by inflation and interest rate concerns, it also had to deal with the debt saga involving China-based property giant Evergrande and its potential contagion in other East Asian asset markets. The question is whether, heading into the final quarter of the year, some semblance of calm will return. The first trading day of this month saw the three key Wall Street indexes landing in positive territory. But all three were down for the week. The Dow Jones ended at 34,326.46 points, down 1.36 per cent compared with the previous Friday. The broader S&P 500 index fared even worse, losing 2.21 per cent to close at 4,357.04 points. The tech-laden Nasdaq slid 3.2 per cent to 14,566.70 points - its lowest weekly close since end-July. The Straits Times Index fell almost 36 points last Friday to end at 3,051.11 in the wake of negative news flows from the United States and China. But for the week, the benchmark index was down just 10.24 points or 0.33 per cent. As at Sept 30, the total value of the 665 companies listed on the Singapore bourse slipped 0.1 per cent to $845.5 billion, fr...
KOMBAI Inu Builds the Ecosystem to the Benefit of Its Community
Mumbai, India, June 13, 2021 - (ACN Newswire via SEAPRWire.com) - Recently, KOMBAI Inu, the Ethereum blockchain and community-based Digital Deflationary Meme Token is utilizing a wealth management ecosystem to the great benefit of its supporting community.The company already has 525 holders and looking for an extensive growth in upcoming days. The team are about to get listed in many listing sites and Exchanges.Their vision is to help people during the very hard time the entire world is facing. Their mission, to be smart and work hard. Their driver, the long-standing support of their very aware community. The team are building up on these a solid foundation for KOMBAI Inu.KOMBAI Inu is providing and protective of the community while also an aggressive hunter of opportunities for the benefit of the community. The teams love KOMBAI as well as other animals and figures.When the company designed the KOMBAI project, their goal was very altruistic to allow fair distribution and ownership from day one. The team have no more potential for ownership than anyone else in the world. The team will continue to adhere to this standard. With a max circulating supply of 1 quadrillion with 50% token...
NKF chairman Koh Poh Tiong to step down, pass on baton to Singtel’s Arthur Lang
SINGAPORE - National Kidney Foundation (NKF) chairman Koh Poh Tiong will step down on Oct 31, after holding the position for eight years. Mr Koh will be succeeded by Mr Arthur Lang, the chief executive of Singtel's International Group, who joined the foundation as a board director in 2015. In announcing Mr Koh's relinquishing of the post, the foundation highlighted his "remarkable contribution in shaping and fortifying the policies of corporate governance, transparency and accountability", and "strong conviction that no one should be denied access to dialysis in Singapore due to their financial limitations". Under Mr Koh's leadership, NKF has invested in building infrastructure and capacity, increasing the number of community-based dialysis centres from 25 in 2012 to 38 now. Two more are in the pipeline to provide services for kidney patients in need close to their homes. NKF currently serves more than 4,800 kidney patients and beneficiaries. Mr Koh also prioritised quality care to meet patients' multiple needs during his term. The foundation introduced nocturnal dialysis to benefit patients who require longer hours of dialysis for better treatment outcomes. This treatment is done ...