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Continued Consolidation Called For Singapore Shares
(RTTNews) - The Singapore stock market has finished lower in two straight sessions, sliding almost 20 points or 0.8 percent along the way. The Straits Times Index now sits just above the 2,525-point plateau and it's expected to extend its losses on Thursday. The global forecast for the Asian markets is soft on concerns over a new wave of the coronavirus and doubts about a new stimulus package to deal with it. The European and U.S. markets were down and the Asian markets are expected to open in similar fashion. The STI finished slightly lower on Wednesday as losses from the properties and industrials were mitigated by support from the financial sector. For the day, the index eased 3.03 points or 0.12 percent to finish at 2,525.61 after trading between 2,521.70 and 2,545.52. Volume was 1.32 billion shares worth 1.25 billion Singapore dollars. There were 243 decliners and 182 gainers. Among the actives, City Developments plummeted 7.21 percent, while Wilmar international plunged 2.08 percent, United Overseas Bank surged 1.48 percent, Mapletree Logistics Trust soared 1.44 percent, Singapore Exchange tanked 1.31 percent, Ascendas REIT tumbled 1.25 percent, Keppel Corp skidded 1.10 percent, CapitaLand retreated 1.09 percent, Dairy Farm International jumped 1.07
How Trump and Biden are gearing up for the last presidential debate
WASHINGTON (NYTIMES) - Three weeks after a debate spectacle defined by heckling and sharply personal attacks, Joe Biden and President Donald Trump will meet again on Thursday (Oct 22; Friday Singapore time) in the last major prime-time opportunity for Trump to try to change the trajectory of the race before Election Day. Republicans would like to see the president offer an affirmative vision for the country and draw policy contrasts with Biden in terms that resonate with the few undecided voters remaining. But Trump, with his history of indiscipline and invective, has struggled to define Biden this year - and he is running short on time. The debate comes 12 days before Election Day, as many Americans have already cast ballots, and as polls show the president trailing nationally and confronting close races even in states he won handily four years ago. Trump's advisers hope that he can get under Biden's skin on Thursday at the debate in Nashville, Tennessee, which will begin at 9pm ET (10am Friday in Singapore). But they have also urged the president not to interrupt Biden repeatedly, after a first contest in which Trump constantly hectored his rival - and
Woodside's LNG revenue plunges as COVID-19 shocks persist
Woodside chief executive Peter Coleman said he expected LNG prices in the coming two quarters to be stronger in light of the improvement in benchmark oil prices. Brent has recovered to now trade at $US41 a barrel. "In particular, I am encouraged by the strengthening Asian LNG spot price, which is now above $US6.50 per million British thermal units for December deliveries," Mr Coleman said. Loading Woodside, Australia's largest independent oil and gas producer, took heavy writedowns this year, wiping $6.3 billion off the value of its assets. It has pulled back from much planned spending, delayed making investment decisions on key growth projects and, last week retrenched 8 per cent of its workforce, or about 300 jobs. After slashing future oil price forecasts due to the potentially longer-term effects of the pandemic, Woodside is exploring ways to improve the economics of its $17 billion Scarborough project and the $30 billion Browse project off the coast of Western Australia.
Airbnb teaming up with former Apple design boss Jony Ive
SAN JOSE, CALIFORNIA - JUNE 03: Apple chief design officer Jony Ive (L) uses an iPad. Justin Sullivan | Getty Images News | Getty Images Former Apple Chief Design Officer Jony Ive will consult with Airbnb on hiring and future products, the company announced on Wednesday. Ive is best known for being Apple's longtime head of industrial design and an icon in Silicon Valley. He led teams that designed the iPod, iPhone, and Apple Watch before leaving the company last summer to start an independent design firm named LoveFrom, which counts Apple as a client. Ive and LoveFrom will help Airbnb over a period of multiple years to design new products and services, as well as hire designers for an internal team, Airbnb CEO Brian Chesky said in a blog post. "Jony and I have been good friends for many years, and he has been gracious enough to provide me with guidance and advice," Chesky wrote. "We share the same belief in the value and importance of creativity and design." Chesky is notable among Silicon Valley founders for going to Rhode Island School of Design, where he majored in industrial design. Previously, Ive
Global Transplant Diagnostics Industry
New York, Oct. 21, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Transplant Diagnostics Industry" - https://www.reportlinker.com/p05799836/?utm_source=GNW5 Billion by 2027, growing at aCAGR of 6.2% over the period 2020-2027. Molecular Assays, one of the segments analyzed in the report, is projected to record 6.9% CAGR and reach US$3.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Molecular Assays segment is readjusted to a revised 5% CAGR for the next 7-year period.The U.S. Market is Estimated at $970.2 Million, While China is Forecast to Grow at 9.4% CAGRThe Transplant Diagnostics market in the U.S. is estimated at US$970.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2027 trailing a CAGR of 9.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 5.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.We bring years of research experience to this 7th
