南洋商报 NYSP
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Hi Mooers! Nanyang Siang Pau Has Joined the Moo Community!
Nanyang Siang Pau (NYSP) looks forward to considering the Moomoo platform as an additional channel for communication and engagement with our readers.
In today's environment, we believe i...
Nanyang Siang Pao looks forward to using the Moomoo platform to create additional channels for communication with readers and audience interaction.
In an increasingly diverse information environment, we believe it is essential to have a good connection with our readers.
We will regularly share real-time information, the latest company developments, etc., to help investors invest.
To keep up to date with our latest stories, be sure to follow Nanyang Commercial Daily's news on Moomoo and turn on the “Reminder” feature so you don't miss any articles. If you want to know more about us, please visit our website (https://www.enanyang.my/).Nanyang Commercial Daily website
Hi Mooers! Nanyang Siang Pau Has Joined the Moo Community!
Nanyang Siang Pau (NYSP) looks forward to considering the Moomoo platform as an additional channel for communication and engagement with our readers.
In today's environment, we believe i...
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Despite $PERTAMA (8532.MY)$ Although Executive Director Sabri Allaman stepped in to intervene, stating that the company's performance remains strong, it seems to have had little effect as the stock has hit the limit for the second consecutive day. Now the stock price has fallen to 78.5 cents.
Di Yi Shu Ma opened this morning with a gap down limit, with the stock price plummeting by 33.5 cents or 29.91% to 78.5 cents, the lowest level since early February 2022.
Sabri Allaman also claimed yesterday that the company has completed a strategic cost reduction plan, streamlined operations to ensure a healthy cash flow, and does not need external financial support.
However, if one insists on finding a related item, it may be the national digital identity (MyDigital ID) went from being mandatory to later being canceled, causing a significant negative impact, dragging down the company's stock price.
First Digital obtained the MyDigital ID online guidance service contract in July.
The stock has been declining for 10 consecutive days, with the decline intensifying since the beginning of this week, and yesterday it even directly hit the limit down. The stock has fallen by nearly 62% this week, with the market cap evaporated by 0.559 billion ringgit.
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【Contributing Journalist】 @Jungle lee
【Read Full Article】Continue to keep an eye on the market cap of Singapore!
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Source of information: Nanyang Siang Pau
Disclaimer: This content is for reference and educational purposes only, does not constitute any specific investment, investment strategy, or recommendation. Readers should bear any risks and responsibilities resulting from relying on this content. Before making any investment decisions...
Di Yi Shu Ma opened this morning with a gap down limit, with the stock price plummeting by 33.5 cents or 29.91% to 78.5 cents, the lowest level since early February 2022.
Sabri Allaman also claimed yesterday that the company has completed a strategic cost reduction plan, streamlined operations to ensure a healthy cash flow, and does not need external financial support.
However, if one insists on finding a related item, it may be the national digital identity (MyDigital ID) went from being mandatory to later being canceled, causing a significant negative impact, dragging down the company's stock price.
First Digital obtained the MyDigital ID online guidance service contract in July.
The stock has been declining for 10 consecutive days, with the decline intensifying since the beginning of this week, and yesterday it even directly hit the limit down. The stock has fallen by nearly 62% this week, with the market cap evaporated by 0.559 billion ringgit.
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【Contributing Journalist】 @Jungle lee
【Read Full Article】Continue to keep an eye on the market cap of Singapore!
———
Source of information: Nanyang Siang Pau
Disclaimer: This content is for reference and educational purposes only, does not constitute any specific investment, investment strategy, or recommendation. Readers should bear any risks and responsibilities resulting from relying on this content. Before making any investment decisions...
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Although it hit the limit down today, First Digital: the company remains strong.
(Kuala Lumpur, 3rd) First Digital $PERTAMA (8532.MY)$ After 7 consecutive days of decline, following yesterday's sharp drop of 18%, today it even hit the limit down, prompting an Unusual Market Activity (UMA) query from Bursa Malaysia, but the company stated that they were unaware of the stock price movement.
Saiful Ariffin Abdul Rahman, Executive Director of First Digital, stated in a press release that the company is unaware of the reasons for the recent stock price decline, yet they remain strong and capable of achieving sustainable growth.
We have also completed a strategic cost reduction plan and streamlined our operations to ensure a healthy cash flow.
He added that the company's operations are now more efficient and do not require external funding.
Digi fell by the limit on Thursday, with the stock price plunging by 48 cents or 30% to 1.12 ringgit, the lowest level since August 2022.
Bursa Malaysia also subsequently issued a UMA query, requesting the company to explain the reasons for the sharp drop in stock price and to immediately disclose whether they are aware of any reasons causing the trading activity.
The stock has been falling for several days since September 26th, and the company's market cap has evaporated by approximately 0.434 billion ringgit.
On Wednesday, Transport Minister Loke Siew Fook announced the withdrawal of the mandatory requirement for users of the MyJPJ application to use the national digital identity (MyDigital ID) for login.
First Digital obtained the MyDigital ID online guidance service contract in July.
Source of information: Nanyang Siang Pau
Disclaimer: This content is for reference and education purposes only.
(Kuala Lumpur, 3rd) First Digital $PERTAMA (8532.MY)$ After 7 consecutive days of decline, following yesterday's sharp drop of 18%, today it even hit the limit down, prompting an Unusual Market Activity (UMA) query from Bursa Malaysia, but the company stated that they were unaware of the stock price movement.
Saiful Ariffin Abdul Rahman, Executive Director of First Digital, stated in a press release that the company is unaware of the reasons for the recent stock price decline, yet they remain strong and capable of achieving sustainable growth.
We have also completed a strategic cost reduction plan and streamlined our operations to ensure a healthy cash flow.
He added that the company's operations are now more efficient and do not require external funding.
Digi fell by the limit on Thursday, with the stock price plunging by 48 cents or 30% to 1.12 ringgit, the lowest level since August 2022.
Bursa Malaysia also subsequently issued a UMA query, requesting the company to explain the reasons for the sharp drop in stock price and to immediately disclose whether they are aware of any reasons causing the trading activity.
The stock has been falling for several days since September 26th, and the company's market cap has evaporated by approximately 0.434 billion ringgit.
On Wednesday, Transport Minister Loke Siew Fook announced the withdrawal of the mandatory requirement for users of the MyJPJ application to use the national digital identity (MyDigital ID) for login.
First Digital obtained the MyDigital ID online guidance service contract in July.
Source of information: Nanyang Siang Pau
Disclaimer: This content is for reference and education purposes only.
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Buffett sells 0.338 billion dollars of Bank of America stocks
(New York, 3rd) Stock guru Warren Buffett's Berkshire Hathaway continues to reduce holdings in Bank of America $Bank of America (BAC.US)$The speed of stock decrease for the third consecutive wave, and the selling price has also dropped to the lowest level since the significant shareholding reduction starting in mid-July.
Currently, Berkshire's stake in Bank of America has dropped to 10.2%.
According to the data reported on Wednesday, Berkshire Hathaway sold $0.338 billion worth of Bank of America stocks this week, with an average shareholding price of $39.4 per share on Tuesday and Wednesday. This is the 13th round of shareholding reduction by Berkshire Hathaway. In the past few months, each round (usually lasting three days) has an average scale of around $0.75 billion.
Warren Buffett, 94 years old this year, did not explain why he reduced his Bank of America shares. Berkshire Hathaway is still the largest shareholder of Bank of America, holding 10.2% of the shares, valued at over $31 billion.
However, once Berkshire Hathaway's stake in Bank of America falls below the 10% threshold, no further reports need to be submitted to the U.S. Securities and Exchange Commission (SEC) for any shareholding changes.
Since Berkshire Hathaway started selling Bank of America stocks in July, Bank of America's stock price has dropped by about 10% and has since lagged behind some peers in the industry.
News Source: World News Net; Data Compilation: Nanyang Business Report
Disclaimer: This content is for reference and educational purposes only, and does not constitute any specific investment or investment...
(New York, 3rd) Stock guru Warren Buffett's Berkshire Hathaway continues to reduce holdings in Bank of America $Bank of America (BAC.US)$The speed of stock decrease for the third consecutive wave, and the selling price has also dropped to the lowest level since the significant shareholding reduction starting in mid-July.
Currently, Berkshire's stake in Bank of America has dropped to 10.2%.
According to the data reported on Wednesday, Berkshire Hathaway sold $0.338 billion worth of Bank of America stocks this week, with an average shareholding price of $39.4 per share on Tuesday and Wednesday. This is the 13th round of shareholding reduction by Berkshire Hathaway. In the past few months, each round (usually lasting three days) has an average scale of around $0.75 billion.
Warren Buffett, 94 years old this year, did not explain why he reduced his Bank of America shares. Berkshire Hathaway is still the largest shareholder of Bank of America, holding 10.2% of the shares, valued at over $31 billion.
However, once Berkshire Hathaway's stake in Bank of America falls below the 10% threshold, no further reports need to be submitted to the U.S. Securities and Exchange Commission (SEC) for any shareholding changes.
Since Berkshire Hathaway started selling Bank of America stocks in July, Bank of America's stock price has dropped by about 10% and has since lagged behind some peers in the industry.
News Source: World News Net; Data Compilation: Nanyang Business Report
Disclaimer: This content is for reference and educational purposes only, and does not constitute any specific investment or investment...
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Large-scale infrastructure projects are gathering momentum, with annual construction contracts expected to reach 50 billion.
(Kuala Lumpur, 3rd news) With the upcoming 2025 budget and the final countdown phase of the Johor Special Economic Zone (JSSEZ), analysts expect this to boost the construction sector, while also anticipating more large-scale public infrastructure projects to be unveiled in the last quarter.
Analysts at Fenglong Investment Bank pointed out in a report today that the total domestic construction contracts in the third quarter of 2024 reached a level of 11.2 billion ringgit, an increase of 2.90 times year-on-year, but a 19% decrease month-on-month.
For the first 9 months, domestic contracts awarded amounted to 31.9 billion ringgit.
Currently, key infrastructure projects awaiting delivery include the second phase of the Sarawak-Sabah Link Road (SSLR 2), the Kuching Urban Transportation System (KUTS), the first phase B of the Sabah Pan-Borneo Highway (PBH SABAH 1B), and flood control projects.
Analysts suggest that, based on current observations, the mentioned projects are also expected to continue awarding contracts in the coming quarter.
That being said, it is evident that contracts related to data center projects have seen a significant decline, dropping from 4.40 billion in the second quarter to 0.9 billion9 million in the third quarter.
Analysts also point out that there has been a slight decline in commercial or residential project contracts on a quarter-on-quarter basis. However, this was expected, mainly due to the faster contract pace in the second quarter.
Nevertheless, we still believe that, according to the compilation data of Fenglong Investment Bank, the construction contract value in 2024 can easily exceed 4...
(Kuala Lumpur, 3rd news) With the upcoming 2025 budget and the final countdown phase of the Johor Special Economic Zone (JSSEZ), analysts expect this to boost the construction sector, while also anticipating more large-scale public infrastructure projects to be unveiled in the last quarter.
Analysts at Fenglong Investment Bank pointed out in a report today that the total domestic construction contracts in the third quarter of 2024 reached a level of 11.2 billion ringgit, an increase of 2.90 times year-on-year, but a 19% decrease month-on-month.
For the first 9 months, domestic contracts awarded amounted to 31.9 billion ringgit.
Currently, key infrastructure projects awaiting delivery include the second phase of the Sarawak-Sabah Link Road (SSLR 2), the Kuching Urban Transportation System (KUTS), the first phase B of the Sabah Pan-Borneo Highway (PBH SABAH 1B), and flood control projects.
Analysts suggest that, based on current observations, the mentioned projects are also expected to continue awarding contracts in the coming quarter.
That being said, it is evident that contracts related to data center projects have seen a significant decline, dropping from 4.40 billion in the second quarter to 0.9 billion9 million in the third quarter.
Analysts also point out that there has been a slight decline in commercial or residential project contracts on a quarter-on-quarter basis. However, this was expected, mainly due to the faster contract pace in the second quarter.
Nevertheless, we still believe that, according to the compilation data of Fenglong Investment Bank, the construction contract value in 2024 can easily exceed 4...
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Hongcheng Life Science invested 6.37 million to enter the ophthalmology product market.
Hongcheng Life Science $SUNZEN (0148.MY)$ With 6.37 million ringgit, Hongcheng Life Science acquired seventy percent equity in Eye Nation Medical company to enter the ophthalmology product market, while not ruling out continued financial growth through mergers and acquisitions.
Teo Yek Ming, Managing Director of Hongcheng Life Science, said today during a press conference that this acquisition will expand its business portfolio to the ophthalmic product industry, which will benefit the company's growth.
"It has rich experience and professional knowledge in the ophthalmology industry, which can help us quickly break into new markets."
He revealed that Eye Nation Medical is equipped with necessary licenses, certifications, and compliance systems, helping HongCheng Life Sciences to meet regulatory requirements, comply with industry standards, and ensure product specifications, thereby reducing legal risks.
Eye Nation Medical was established in 2003 and is mainly engaged in the trade of diagnostic equipment and related products in the ophthalmic products industry.
The CEO of the company, Edmund Lee, stated that the current business model is mainly B2B (business-to-business), but now there are plans to sell some products in a B2C (business-to-consumer) model to reach more consumer cohorts.
Currently, we have built approximately 600 networks in both public and private sectors, leveraging the advantages of Macro True Bio, we believe it will develop rapidly in the future....
Hongcheng Life Science $SUNZEN (0148.MY)$ With 6.37 million ringgit, Hongcheng Life Science acquired seventy percent equity in Eye Nation Medical company to enter the ophthalmology product market, while not ruling out continued financial growth through mergers and acquisitions.
Teo Yek Ming, Managing Director of Hongcheng Life Science, said today during a press conference that this acquisition will expand its business portfolio to the ophthalmic product industry, which will benefit the company's growth.
"It has rich experience and professional knowledge in the ophthalmology industry, which can help us quickly break into new markets."
He revealed that Eye Nation Medical is equipped with necessary licenses, certifications, and compliance systems, helping HongCheng Life Sciences to meet regulatory requirements, comply with industry standards, and ensure product specifications, thereby reducing legal risks.
Eye Nation Medical was established in 2003 and is mainly engaged in the trade of diagnostic equipment and related products in the ophthalmic products industry.
The CEO of the company, Edmund Lee, stated that the current business model is mainly B2B (business-to-business), but now there are plans to sell some products in a B2C (business-to-consumer) model to reach more consumer cohorts.
Currently, we have built approximately 600 networks in both public and private sectors, leveraging the advantages of Macro True Bio, we believe it will develop rapidly in the future....
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USA imposes tariffs on solar panels, with Malaysia at 9.13%, the second highest in ASEAN.
Report: @Jungle lee
In order to protect local businesses, the US Department of Commerce imposes varying tariffs on solar panels from Southeast Asia. Taking Malaysia as an example, companies not specified face a preliminary tax rate of 9.13%, ranking second highest in Southeast Asia.
Earlier, a preliminary investigation found these products benefited from illegal government subsidies. The introduction of this policy signifies an initial victory for domestic solar panel manufacturers in the United States.
According to Bloomberg, local companies are requesting the US government to impose tariffs, stating that other countries benefit from foreign subsidy mechanisms and sell at prices below production costs.
It is worth noting that this case is the latest move by American manufacturers against overseas competitors. As early as 12 years ago, the US had imposed similar tariffs on Chinese solar cells and components.
At that time, the response or contingency measure of Chinese manufacturers was to establish operations in other Asian countries not affected by tariffs.
According to the US Department of Commerce, the preliminary general duty rates for unspecified Thai companies are 23.06%; Malaysia 9.13%; Cambodia 8.25%; Vietnam 2.85%.
In the specified company's specific tax rate, Hanwha Q Cells Malaysia Private Limited's (Hanwha Q Cells) imported product tax rate is 14.72%; JinkoSolar Holding Malaysia entity partially imports products are taxed...
Report: @Jungle lee
In order to protect local businesses, the US Department of Commerce imposes varying tariffs on solar panels from Southeast Asia. Taking Malaysia as an example, companies not specified face a preliminary tax rate of 9.13%, ranking second highest in Southeast Asia.
Earlier, a preliminary investigation found these products benefited from illegal government subsidies. The introduction of this policy signifies an initial victory for domestic solar panel manufacturers in the United States.
According to Bloomberg, local companies are requesting the US government to impose tariffs, stating that other countries benefit from foreign subsidy mechanisms and sell at prices below production costs.
It is worth noting that this case is the latest move by American manufacturers against overseas competitors. As early as 12 years ago, the US had imposed similar tariffs on Chinese solar cells and components.
At that time, the response or contingency measure of Chinese manufacturers was to establish operations in other Asian countries not affected by tariffs.
According to the US Department of Commerce, the preliminary general duty rates for unspecified Thai companies are 23.06%; Malaysia 9.13%; Cambodia 8.25%; Vietnam 2.85%.
In the specified company's specific tax rate, Hanwha Q Cells Malaysia Private Limited's (Hanwha Q Cells) imported product tax rate is 14.72%; JinkoSolar Holding Malaysia entity partially imports products are taxed...
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南洋商报 NYSP
commented on
SK Telecom and Tiantong plan to commercialize ai services.
Tiantong Digital Network $CDB (6947.MY)$ Signed a memorandum of understanding with KT Corp's SK Telecom, both will work together to implement development plans related to the field of artificial intelligence.
The memorandum of understanding mentioned focuses on three key areas: AI application cases in Malaysia, commercialization of AI services, and exploring new AI business opportunities.
Datuk Eham Nawawi, the Chief Executive Officer of TD Chin Communications Network, stated that both parties will establish information sharing to jointly explore business opportunities in relevant areas.
As for commercial services, the focus will be specifically on online and offline marketing, leveraging ai services for commercialization, and expanding the financial returns and performance of both parties.
Source of information: Nanyang Siang Pau
Disclaimer: This content is for reference and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation. Readers should bear any risks and liabilities arising from relying on this content. Before making any investment decisions, it is essential to conduct your own independent research and evaluation, and consult professional advice when necessary. The author and related participants are not responsible for any losses or damages resulting from the use or reliance on the information contained in this article.
Tiantong Digital Network $CDB (6947.MY)$ Signed a memorandum of understanding with KT Corp's SK Telecom, both will work together to implement development plans related to the field of artificial intelligence.
The memorandum of understanding mentioned focuses on three key areas: AI application cases in Malaysia, commercialization of AI services, and exploring new AI business opportunities.
Datuk Eham Nawawi, the Chief Executive Officer of TD Chin Communications Network, stated that both parties will establish information sharing to jointly explore business opportunities in relevant areas.
As for commercial services, the focus will be specifically on online and offline marketing, leveraging ai services for commercialization, and expanding the financial returns and performance of both parties.
Source of information: Nanyang Siang Pau
Disclaimer: This content is for reference and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation. Readers should bear any risks and liabilities arising from relying on this content. Before making any investment decisions, it is essential to conduct your own independent research and evaluation, and consult professional advice when necessary. The author and related participants are not responsible for any losses or damages resulting from the use or reliance on the information contained in this article.
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The Malaysian exchange seeks to increase valuation, with an expected 50 initial public offerings next year.
In order to attract global investors, the Malaysian exchange $BURSA (1818.MY)$ is developing a plan to increase the valuation of local companies to respond to similar initiatives and competition from regional peers.
Malaysian Exchange CEO Datuk Mohamad Umar recently mentioned in an interview with Bloomberg that the exchange is considering establishing a "formal framework" for companies to receive specific targets on metrics such as P/E ratio, ROI, and liquidity through the framework.
According to Bloomberg, Malaysia, like Japan, South Korea, and China, is undergoing corporate reforms to enhance shareholder returns, lift low company valuations, and attract more foreign investment.
This move coincides with the frenzy of listings, with investments pouring into the datacenter sector, sparking optimistic sentiment in the local stock market.
While Bursa Malaysia does not intend to emulate the 'name-and-shame' list practice of the Tokyo Stock Exchange, it is considering similar initiatives to encourage listed companies to 'take responsibility for enhancing value'.
Mohamad Umar stated that if companies fail to achieve these goals, the exchange will communicate and discuss with their board of directors.
Year to date, the FTSE Bursa Malaysia KLCI has risen by more than 13%, becoming one of the best-performing markets in Southeast Asia.
In comparison with the same period last year, the average daily trading volume at Bursa Malaysia has increased by 66.8% in the first half of this year.
Next year's target is 50 new listings.
On the other hand, Mohamad Umar revealed that Bursa Malaysia is looking to enhance its valuation with 50 initial public offerings next year...
In order to attract global investors, the Malaysian exchange $BURSA (1818.MY)$ is developing a plan to increase the valuation of local companies to respond to similar initiatives and competition from regional peers.
Malaysian Exchange CEO Datuk Mohamad Umar recently mentioned in an interview with Bloomberg that the exchange is considering establishing a "formal framework" for companies to receive specific targets on metrics such as P/E ratio, ROI, and liquidity through the framework.
According to Bloomberg, Malaysia, like Japan, South Korea, and China, is undergoing corporate reforms to enhance shareholder returns, lift low company valuations, and attract more foreign investment.
This move coincides with the frenzy of listings, with investments pouring into the datacenter sector, sparking optimistic sentiment in the local stock market.
While Bursa Malaysia does not intend to emulate the 'name-and-shame' list practice of the Tokyo Stock Exchange, it is considering similar initiatives to encourage listed companies to 'take responsibility for enhancing value'.
Mohamad Umar stated that if companies fail to achieve these goals, the exchange will communicate and discuss with their board of directors.
Year to date, the FTSE Bursa Malaysia KLCI has risen by more than 13%, becoming one of the best-performing markets in Southeast Asia.
In comparison with the same period last year, the average daily trading volume at Bursa Malaysia has increased by 66.8% in the first half of this year.
Next year's target is 50 new listings.
On the other hand, Mohamad Umar revealed that Bursa Malaysia is looking to enhance its valuation with 50 initial public offerings next year...
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Since the interest rate cut by the Federal Reserve, the Malaysian Ringgit has not waned in its appreciation, becoming the second strongest currency among Asia-Pacific currencies, trailing slightly behind the top performer, the Thai Baht.
After the Federal Reserve cut interest rates on September 18, Asian-Pacific currencies against the US dollar generally saw an uptrend, with the Malaysian Ringgit's appreciation also relatively significant, ranking only behind the Thai Baht.
According to Bloomberg data, the Thai Baht's exchange rate against the US dollar has shown the most significant increase among Asian-Pacific currencies, having appreciated a total of 2.73% from September 19 onwards, making it the best performer in the region.
The Malaysian Ringgit, with an appreciation rate of 2.45%, ranked second; the Korean Won against the US dollar rose by 1.71%, ranking third.
Rose to 4.09 at one point.
It is worth mentioning that on the last day of September, the momentum of the Ringgit exchange rate continued to rise and broke through 4.10, reaching a level of 4.0947 at one point, marking a new high in 41 months since May 2021.
Mohamed Afzani Bin Azan, Chief Economist of Malaysia's Muamalat Bank, expressed that the upward trend of the Ringgit exchange rate is expected to continue, but it is not ruled out that some market traders may take advantage of arbitrage opportunities after the Ringgit appreciates overall.
On a global scale, the economic signals from the USA also appear mixed; in August, personal consumption expenditures (PCE) slowed to 2.2%, while the core PCE stabilized at 2.7%.
That being said, it is expected that the Federal Reserve will continue its loose monetary policy in the following November and December.
Considering this point, the focus this week will be on data from the United States...
After the Federal Reserve cut interest rates on September 18, Asian-Pacific currencies against the US dollar generally saw an uptrend, with the Malaysian Ringgit's appreciation also relatively significant, ranking only behind the Thai Baht.
According to Bloomberg data, the Thai Baht's exchange rate against the US dollar has shown the most significant increase among Asian-Pacific currencies, having appreciated a total of 2.73% from September 19 onwards, making it the best performer in the region.
The Malaysian Ringgit, with an appreciation rate of 2.45%, ranked second; the Korean Won against the US dollar rose by 1.71%, ranking third.
Rose to 4.09 at one point.
It is worth mentioning that on the last day of September, the momentum of the Ringgit exchange rate continued to rise and broke through 4.10, reaching a level of 4.0947 at one point, marking a new high in 41 months since May 2021.
Mohamed Afzani Bin Azan, Chief Economist of Malaysia's Muamalat Bank, expressed that the upward trend of the Ringgit exchange rate is expected to continue, but it is not ruled out that some market traders may take advantage of arbitrage opportunities after the Ringgit appreciates overall.
On a global scale, the economic signals from the USA also appear mixed; in August, personal consumption expenditures (PCE) slowed to 2.2%, while the core PCE stabilized at 2.7%.
That being said, it is expected that the Federal Reserve will continue its loose monetary policy in the following November and December.
Considering this point, the focus this week will be on data from the United States...
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