Our Muslim friends welcomed the Holy Month of Ramadan this evening. I will be joining them this month to break fast, and I encourage you to do so too. Support local Ramadan bazaars and soak in the liveliness of this season. I wish all Muslims in Singapore a meaningful Ramadan! go.gov.sg/c76i99
BY Lee Hsien Loong
That growth environment will include rising inflation and interest rates. Those upward shifts naturally accompany healthy growth periods as the demand for resources, products and services rise. Importantly, the Federal Reserve has laid out the rationale for not interfering with that natural growth transition.It's not exactly a fad, but there is a widespread willingness to pay up for a growth story. Classic fundamental analysis takes a back seat. Even negative earnings are ignored. In fact, positive earnings seem to be a limiting measure, producing the question, "Is that all you've got?" The preference is a vision of untold riches when the exciting story plays out as expected.
Mr. Durov launched Telegram in late 2013 with his brother, Nikolai, just months before he was pushed out of VK, the Russian social-media platform he founded. Mr. Durov pitched his new app—funded with the proceeds from the VK sale—less as a business than as a way for people to send messages while avoiding government surveillance and censorship.
Lee Hsien Loong from no