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Serious PAP Pass Law To Ration Electricity In A Crisis! PAP Voters And Grassroots Leaders Should Get Priority And Double Rations, Right?
- Thread starter JohnTan
- Start date
they should ration IQ, seems not much of it around in peesai
which population will allow the politicians to cramp 6 million people in 290 square miles?
which population will allow the politicians to cramp 6 million people in 290 square miles?
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Markets
By Abhishek Vishnoi and Winnie Hsu
September 10, 2024 at 10:21 AM GMT+8
Updated on
September 10, 2024 at 11:18 AM GMT+8
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A deepening selloff in Chinese stocks is exacerbating a crisis of confidence in the world’s second-largest economy, heaping pressure on policymakers to halt the downward spiral.
A benchmark of the nation’s onshore shares is approaching its lowest close since January 2019, one of many grim milestones that reflect the depth of the gloom in the $8 trillion market.
Down about 7% this year, the CSI 300 Index is staring at an unprecedented fourth annual drop, while an MSCI Inc. gauge of Chinese stocks is heading for its longest stretch of underperformance to global equities since the turn of the century.
Markets
China’s $6.5 Trillion Stock Rout Worsens Economic Peril for Xi
- Chinese equities trail global ones for a fourth year running
- CSI 300 extends slide, nears lowest close since early 2019
By Abhishek Vishnoi and Winnie Hsu
September 10, 2024 at 10:21 AM GMT+8
Updated on
September 10, 2024 at 11:18 AM GMT+8
Save
A deepening selloff in Chinese stocks is exacerbating a crisis of confidence in the world’s second-largest economy, heaping pressure on policymakers to halt the downward spiral.
A benchmark of the nation’s onshore shares is approaching its lowest close since January 2019, one of many grim milestones that reflect the depth of the gloom in the $8 trillion market.
Down about 7% this year, the CSI 300 Index is staring at an unprecedented fourth annual drop, while an MSCI Inc. gauge of Chinese stocks is heading for its longest stretch of underperformance to global equities since the turn of the century.
This move is completely unnecessary if Sinkipore stop acting as Western proxy state to sanction Russia's oil and gas and you thought EU leaders are the only stupid lot, Asean has one tiny country equally fart up.
Singapore’s top 50 richest see 10pc wealth surge to US$195b; Meta’s Eduardo Saverin retains prime spot on Forbes’ list with US$29b
Malay MailFri, 6 September 2024 at 4:37 pm GMT+83-min read
Malay Mail
SINGAPORE, Sept 6 — The combined fortune of Singapore’s 50 wealthiest individuals has surged by over 10 per cent to US$195 billion (RM844 billion) in 2024, up from US$177 billion the previous year.
Despite this significant rise, their collective wealth still falls short of the US$208 billion recorded in 2021, Forbes Asia said in a statement yesterday.
The latest Forbes list reveals that nearly two-thirds of the individuals featured saw their fortunes increase, buoyed by Singapore’s robust economic growth and a buoyant stock market.
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This positive shift is attributed to a series of factors according to Forbes, including the swearing-in of Prime Minister Lawrence Wong in May and a boost from the influx of visitors for sold-out concerts by pop star Taylor Swift and rock band Coldplay.
Eduardo Saverin, co-founder of Meta Platforms (formerly Facebook), retains his position as Singapore’s richest individual for the second consecutive year.
His net worth has soared to US$29 billion, marking a remarkable US$13 billion increase from 2023, thanks to Meta’s rising stock prices driven by substantial investments in artificial intelligence.
Holding on to second place are the Ng siblings, Robert and Philip, of Far East Organization, with a combined wealth of US$14.4 billion, despite a slight decrease from US$14.8 billion last year.
Goldman Trading Set to Fall More Than Expected With 10% Drop
- Trading decline driven by fixed-income weakness versus 2023
- Solomon disclosed $400 million pre-tax hit from retail retreat
Unmute
LISTEN: Goldman Sachs CEO Solomon says the bank’s trading unit is on track to drop about 10% from the prior year.Source: Bloomberg
By Sridhar Natarajan
September 10, 2024 at 4:47 AM GMT+8
Updated on
September 10, 2024 at 5:14 AM GMT+8
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Goldman Sachs Group Inc. is signaling a note of caution to investors after posting some of the biggest stock advances among its peers this year.
The bank’s trading unit is on track to drop 10% from the prior year, led by declines in the fixed-income business, Chief Executive Officer David Solomon said at a Barclays Plc conference Monday.
The New York-based company will also take a $400 million pre-tax hit in its narrowing consumer business as it moves away from its credit card tie-up with General Motors Co. and its seller-financing operatio
Do they have a choice? It's hardly a 'fuckup' from their perspective.
And this was from 2022:
Singapore introduces framework for inaugural sovereign green bond
Jun 10, 2022https://intelligence.weforum.org/monitor/latest-knowledge/79bbbd35e4e149caa68664ed71230c38
This island has been sold out to the Davos demons a long time ago, only this time they are less shy about admitting what they do.
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