2020 Milken Institute Asia Summit (December 8-10, 2020) The Milken Institute Asia Summit brings the ambitious spirit of the Milken Institute's flagship Global Conference to Singapore . "At the Milken Institute, we believe in the power of inclusive, accessible knowledge-sharing environments. Iran said the cargo belonged to the “private sector” and that its seizure was an “act of piracy.”“I’m sure that Iranian oil is continuing to flow,” said Iman Nasseri, managing director for the Middle East at consulting firm FGE. At the annual Milken Institute Global Asia Summit 2020, held offline and virtually from Singapore, Yinglan and other venture capitalists in Asia talk about investment opportunities in 2021, what makes investing in Asia unique, and generating returns amidst an increasingly competitive landscape. The direction of the USD/JPY into the close will be determined by trader reaction to 108.787. Promotes Standardized Liver Cancer Diagnosis ⦠As part of the global event launch, Michael Milken, Chairman of the Milken Institute, spoke at an online kickoff session with Joseph Tsai, Executive Vice Chairman of Alibaba Group, on the role of bringing together human and financial capital to build innovative new companies and new business models that would support economic and social recovery. President Joe Biden has proposed that the two nations return to a 2015 international agreement under which Iran limited its nuclear activities in exchange for sanctions relief. About DraftKings . Instead of playing the game or riding the waves, investors and companies need to make the waves themselves. For Hype Asiaâs Martin Li, âActivism is really about how we can help the company. He and his fellow executives, without admitting or denying the allegations, paid $11 million to the Securities and Exchange Commission in December 2000, including $1 million in fines.“It’s made us careful and humble and focused,” Saylor said. Saylor, 56, turned his attention to Bitcoin.“People still aren’t sure: Are we crazy or are we not crazy?” Saylor said. The main buyers are refiners in China.Washington alleges that Iran’s Islamic Revolutionary Guard Corps and the IRGC-Quds Force -- both classified as terrorist organizations by the U.S. -- covertly shipped the oil abroad, relying on ship-to-ship transfers and falsified documents. Luc Mathys, head of fixed income in the unit, was also suspended from his role, the person said. Moderated by Kevin Lu , partner and Chairman of Asia of Partners group, the one-on-one conversation will take place Wednesday December 9 , 8:00AM and can be watch at the Asia Summit ⦠3316. Proprietary trader and author Kathy Donnelly shares insights on how gender differences shape investment styles. Credit Suisse is now returning about $3.7 billion in cash that the funds were holding, but hasn’t said how much of investors money is ultimately likely to be returned or when they’ll get it.Credit Suisse declined to comment. Paulo Joquiño is a writer and content producer for tech companies, and co-author of the book Navigating ASEANnovation. In this yearâs Milken Institute Asia Global Summit 2020, our founding managing partner Yinglan Tan joins âVenture Capital: In Search of the Next Big Thingâ panel with Wavemaker operating partner Sui Ling Cheah, PalmDrive co-founder and managing partner Seamon Chan, Hype Asia Partner Martin Li, moderated by Openspace Executive Director Jessica Pouleur. Â, As the year ends, so have the questions on the future come in, especially following a year of unprecedented change. Itâs fundamentally a mindset switch. The video and audio portions of the Milken Instituteâs 2020 Asia Summit will be webcast live over the internet and can be accessed at investors.draftkings.com. The event took place at the Marina Bay Sands hotelâs new state-of-the-art mixed reality hybrid events facility in Singapore on December 8 th and 9 th, 2020. This hyperlocalization also creates more space for marketplaces to innovate the customer experience, incorporating social interactions, gamification, or entertainment. Super enabling group buying in rural Indonesia, Aspire as a neobank for SMEs in Southeast Asia, Payfazz as an ecosystem of financial services for rural Indonesia, tonik for middle class consumers in the Philippines, Nektar for B2B sales productivity in Asia, bifurcation between the largely tech-innovation sphere in the US and the largely business model-innovation sphere in China, how AwanTunai managed to expand their loan book, launch new products, and secure OJK license, How product discovery and experimentation build resilience: On Call with AwanTunai co-founder and CPO Windy Natriavi Part 2, Southeast Asia’s next billion dollar companies: Beanstalks, Investing in ASEANnovation: 5 Lessons from Indonesia’s Biggest Floating Market. “After a prolonged period of extensive outperformance by the Nasdaq and tech stocks, it is not unreasonable to foresee a phase of underperformance, consolidation or even an outright collapse.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P. (Bloomberg) -- A strong recovery from the Covid-19 recession is likely to prompt Federal Reserve Chair Jerome Powell and his colleagues to lift interest rates in 2023, but that isn’t going to show up in their forecasts this week, a survey showed.Economists surveyed by Bloomberg News see two quarter-point hikes in 2023. Nektar for B2B sales productivity in Asia), Milken Institute Global Asia Summit 2020 panel on Venture Capital: In Search of the Next Big Thing” with (L-R): Palm Drive co-founder and managing partner Seamon Chan, Hype Asia partner Martin Li, Openspace Ventures executive director and panel moderator Jessica Pouleur, Wavemaker operating partner Sui Ling Cheah, and Insignia Ventures Partners founding managing partner Yinglan Tan, With well-established verticals like ecommerce and fintech finding new forms of value creation and emerging verticals like edtech and SaaS finding the spotlight in Asia, it comes as no surprise that more and more investors outside of the region are looking to place their bets on local champions.Â, In this regard, Southeast Asia has been of particular interest, given the current tensions across the Pacific. Future updates for the 2020 Milken Institute Asia Summit will be posted online at https://milkeninstitute.org. The Milken Institute Asia Summit in Singapore traditionally brings together top leaders from the fields of business, governance, finance and philanthropy, as they provide their insights to discuss prominent issues of today. By contrast, the median in Bloomberg’s December survey had no change in rates until 2024 or later.What Bloomberg’s Economists Say...“While the economic projections will change, we do not expect rate expectations to move much at all. Generating returns amidst the competition from all angles is a matter of endurance. We also cover events our team is at on our Twitter and Instagram. “The Fed has to see it, feel it, not just dream about it.”Rising YieldsA sharp rise in U.S. Treasury yields in the past month as economic-growth forecasts picked up has caught the eye of the central bank. The hologram of Mr. Milken appeared during the Milken Instituteâs 2020 Asia Summit. His highly accommodative policies could win him a second stint, according to the economists. Middle Eastern oil producers are attempting to make the most of higher oil prices by boosting the price of their lighter blends, but competition remains fierce and Chinese demand looks set to weaken. When it comes to sectors, Yinglan put 2021 post-pandemic investment opportunities in Southeast Asia into three buckets. "Primary dealers are shedding bonds because this exemption might not get renewed at the end of March," Bregar said. Aspire as a neobank for SMEs in Southeast Asia, Payfazz as an ecosystem of financial services for rural Indonesia), and even build fully digital bank offerings from scratch (e.g. That’s kept bets on the widely watched spread to the 10-year rate in play, as well as versus other maturities, such as the 5- and 7-year.“Some steepeners are better than others,” said Patrick Leary, senior trader and chief market strategist for Incapital. Milken Instituteâs 2020 Asia Summit on December 9, 2020. It’s part of a growing wave of investment by institutional investors into renewable energy assets.“The energy transition will require a huge amount of capital over the next 20, 30 years as more and more governments commit to net zero targets,” Alex Brierley, co-head of Octopus Renewables said in an interview. tonik for middle class consumers in the Philippines).Â, âAnd the third is the elephant in the room, post-COVID sunrise industries.â There’s edtech, as we expect greater demand for online learning tools even as schools reopen (blended learning). )For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P. (Bloomberg) -- Nest Corp., the U.K.’s biggest pension fund by members, will invest 250 million pounds ($347 million) in renewable energy through a partnership with investment manager Octopus Renewables.Nest’s managers are looking to diversify the fund’s holdings and support the transition toward clean energy. Most economists are not looking for a change in March, however.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P. (Bloomberg) -- Embattled tycoon Sanjeev Gupta’s GFG Alliance owes 7 million pounds ($9.8 million) to an arm of the Scottish government, The Times of London reported.The debt is owed by Liberty Steel Dalzell to Scottish Enterprise, and was first reported in the agency’s accounts for 2016-17. SINGAPORE, Dec. 3, 2020 /PRNewswire/ â The Milken Institute announced today that the Governor of Tokyo Yuriko Koike will join the 2020 Milken Institute Asia Summit for a virtual fireside chat. He graduated with a BS Management Engineering at Ateneo de Manila University in 2019. “Forging documents like bills of lading and others needed for trades is not that big a problem.”U.S. In user reviews, Tesla is able to offer lower costs compared to what customers were using before. “Every scar informs you, and I wouldn’t be who I am without having lived through those experiences.”Steady RevenueSaylor has continued to run the analytics software business he founded in 1989, and has overseen annual revenue streams of around $500 million for the last decade, though sales have dipped in recent years.Bitcoin’s price has soared in recent months, hitting a record above $58,000 last month as big investors pile in and the asset class matures.Saylor shrugs off concern about Bitcoin’s volatility and said crypto critics are behind the curve. It may also give larger players that own multiple power stations too much market power, according to Rajiv Gogna, a partner at Lane Clark and Peacock LLP.“Larger portfolios will possess more information not visible to the market and have the collateral to operate on both auctions, giving them the theoretical ability to price arbitrage in some situations,” Gogna said.For about a decade, U.K. prices for whole-day and hourly power contracts have been settled jointly through auctions on Nord Pool Spot AS in Oslo and Paris-based Epex Spot SE. The collected data helps to determine the value of discount the driver can receive. 2020-12-03 12:40. Instead of riding the waves of digitalization, great companies need to make the waves. Extends the reach and impact of the Milken Institute to the Asia-Pacific region. Benzinga's Take: Insurance is a large expense involved in car ownership. Click here to check out Benzinga’s EV Hub for the latest electric vehicles news. The 5-year yield at 0.84% isn’t far below its highest level since last year.But the 2-year has remained near historic lows on the view that the Fed will hold rates near zero for the immediate future. CEO Elon Musk has said it should be about 20% less than comparable insurance for people in California. The UAE is one of the U.S.’s closest allies in the region. “The market is definitely playing a game of chicken with the Fed, by testing how high yields can get before tightening financial conditions and forcing the Fed to step in.”WHAT TO WATCHEconomic calendar:March 15: Empire manufacturing; Treasury International Capital flowsMarch 16: import/export prices; retail sales; industrial production; business inventories; NAHB housing market indexMarch 17: MBA mortgage applications; building permits; housing starts; FOMC decisionMarch 18: jobless claims; Philadelphia Fed business outlook; Langer consumer comfort; leading indexFed calendar:March 17: FOMC decision; Powell press conferenceAuction schedule:March 15: 13-, 26-week billsMarch 16: 42-day cash-management bills; 20-year bondsMarch 18: 4-, 8-week bills; 10-year TIPSFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P. The loan is due to mature at the end of the year.Executives at Credit Suisse also knew early on that a large portion of the assets in the funds were tied to Sanjeev Gupta, a Greensill client whose borrowings were at the center of a 2018 scandal at rival asset manager GAM Holding AG, Bloomberg has reported. They just invest because they see synergy but when the rubber hits the road it doesnât get executedâ¦â Yinglan says.Â, âActivism is really about how we can help the company. In 2000, when the market started a three-year crash, the index had 27 sessions where it rose at least 4%. In a week when the tech-heavy gauge fell into a 10% correction, other indexes tracking everything from small-caps to banks, transports to industrials, climbed to records. The hologram of Mr. Milken appeared during the Milken Institute's 2020 Asia Summit. The presentation is scheduled for 12:30PM SGT (December 8, 11:30PM ET). Engage with us on Facebook, Twitter, LinkedIn, and Instagram with #MIGlobal for more. SINGAPORE, Dec. 3, 2020 /PRNewswire/ -- The Milken Institute announced today that the Governor of Tokyo Yuriko Koike will join the 2020 Milken Institute Asia Summit for a ⦠Especially this year, platforms for leaders in Asia and the rest of the world are critical to building constructive dialogues and driving positive change. (Photo courtesy of Tesla) See more from BenzingaClick here for options trades from BenzingaVideo Shows Tesla Model 3 Accelerating Away From Attempted CarjackingElon Musk Says Tesla Cybertruck Can Power A Tiny House© 2021 Benzinga.com. The founders who really know what they are doing have already instilled in their companies a culture of resilience (e.g. Milken Institute Asia Summit Scheduled for December 8-10, 2020 . Generating returns in an increasingly competitive landscape requires a mindset shift. Compared to the US or China, we can expect that at this point in the ecosystem’s maturity, the timelines to reach fairly large exits will be relatively longer. For the first time, the summit will be hosted in partnership with the Monetary Authority of Singapore (MAS) and its flagship event, Singapore FinTech Festival (SFF), which will run from December 7-11. He’s become something of a global Bitcoin ambassador in recent months, appearing regularly on crypto podcasts and YouTube shows advocating for digital-asset investments.“This is a really critical point in human history,” he said. Engage with us on Facebook, Twitter, LinkedIn, and Instagram with #MIGlobal for more. Yet with Nasdaq 100 knocking on the door of its relative peak, it’d be a mistake not to consider the downside risk, according to Jim Paulsen, chief investment strategist at Leuthold Group.“New-era investments are at a significant crossroads,” he said. It’s started an internal probe into the collapse of the supply chain finance strategy.The scandal is also raising fresh questions about the firm’s risk management after a series of missteps and Warner’s role after she signed off on a $140 million loan to Greensill in late October, overruling some risk managers, people familiar with the matter said recently. In swaptions, a position has emerged targeting the Fed to hike seven to eight times by March 2025, according to a Barclays analysis.And while shorting Treasuries has been in vogue, “it’s possible the market may have gotten a little ahead of itself in the belly,” causing the 5-year rate to rise too much, said Jamie Anderson, head of U.S. trading for Insight Investment, which manages about $1 trillion.If the data come in weak or the Fed is on hold for longer than expected, “the belly should rally and the curve re-steepen,” he said.For Incapital’s Leary, the narrowing in the 5s30s gap came on the view that officials may discuss -- or even announce -- a twist next week. That compared with six such days in 1999, when prices doubled.“The early stages of a bear market is typically punctuated by ferocious rallies, and what matters in the end is how far the rallies extend and not how quickly they move within a single session,” said Michael Shaoul, chief executive officer at Marketfield Asset Management LLC. As he puts it, â[The] digitalization of traditional business online is becoming faster and faster. ASIATODAY.ID, JAKARTA â The Milken Institute mengumumkan ajang â2020 Asia Summitâ akan berlangsung pada 8-10 Desember mendatang.. Tahun ini, ajang tersebut akan mengusung tema âReconnect and Reimagineâ, yang mengangkat sejumlah langkah yang bisa ditempuh para pelaku industri dan tokoh masyarakat guna mempercepat perubahan kelembagaan demi ⦠Center for Public Health In fact, analysts are warning that the index may yet face more battering.Their concern emanates from the bond market, where rising yields have put pressure on richly valued stocks such as the tech companies that populate the Nasdaq gauge. In-person: The physical events will be curated around exclusive, invite-only private sessions for senior industry leaders to convene with fellow peers. Part of this comes from the fact that Tesla can obtain a lot of data from the car if customers choose to share that information. In 2000, a shareholder filed a class-action lawsuit against MicroStrategy, alleging it misled investors over the company’s earnings by booking revenue prematurely to inflate profits.MicroStrategy agreed to restate its revenue figures and Saylor, once dubbed the wealthiest man in Washington, D.C., with a fortune of $7 billion, lost almost all of it in a matter of weeks after shares fell 95%. And if owners use Tesla's Autopilot and Self Driving systems, Tesla will see this and can offer further discounts because data shows using these systems results in fewer accidents. As one of the highest-profile executives of the Tidjane Thiam era to stay on after the Ivorian’s departure, she was recently promoted under new Chief Executive Officer Thomas Gottstein to group chief risk and compliance officer -- two functions that were previously separate.Also see: Credit Suisse Blow-Ups Give Gottstein a Crash Course in RiskWarner has challenged risk managers to stop thinking only about defending the bank’s capital and also look at strategic business priorities, according to people familiar with the matter.