Finance Knuggets
Sep 14, 2024
I recently heard about the podcast discussing Indonesia’s foreign policy future under Prabowo Subianto, the new president. The podcast provides insights on what lies ahead for Indonesia after his recent inauguration, covering topics such as the South China Sea and the Russia-Ukraine war. The guest, Professor Dewi Fortuna Anwar, offers her perspective on Indonesia’s foreign policy and security outlook under the new president. She discusses the legacy of the previous president, Jokowi, and the potential changes and continuity in foreign policy under Prabowo. Additionally, the podcast delves into Prabowo’s worldview and his approach to US-China competition, providing a comprehensive analysis of the geopolitical landscape in the region.
In addition to the podcast, I also came across news about the decline in investor sentiment in September, which is being seen as a positive sign for stock bulls. The market sentiment is seen as a good indicator for the stock market, and the recent decline in sentiment is being viewed as a favorable development for stock investors. This news sheds light on the current market trends and provides insights into the potential impact on stock prices and investment strategies.
Lastly, I learned about the acquisition of the German national railroad operator Deutsche Bahn’s logistics business, DB Schenker, by Danish transport company DSV for €14.3 billion. This acquisition has sparked discussions about the impact on the labor force and the strategic implications of the deal. Additionally, the news covers the successful IPOs of three VC-backed biotech companies, Bicara Therapeutics, MBX Biosciences, and Zenas BioPharma, which raised a total of $702 million and are set to begin trading on the Nasdaq. These developments in the transportation and biotech industries provide valuable insights into the current market trends and investment opportunities.
Stay Well!