The Bank of Japan board members said they need to be cautious on the timing of future rate hike, a summary of opinions showed on Monday. As the Bank has been expecting to raise the policy interest rate at a moderate pace, it has time to monitor the future course of the U.S. economy, including...
Shares of Continental AG were gaining around 7 percent on the German trading after the automotive parts maker reported Monday significantly higher profit in its third quarter, mainly as Automotive sector was benefited by the measures taken to improve earnings. Further, the company maintained fiscal 2024 adjusted margin outlook, but trimmed its sales forecast, after...
A historic win for former President Donald Trump in the U.S. Presidential elections boosted the U.S. Dollar and lifted the Dollar Index for the 6th week in a row. Despite the Feds rate cut weakening the greenback, the U.S. Dollar gained against the euro, the British pound, the Swedish krona as well as the Swiss...
The M2 money stock was up 1.2 percent on year in October, the Bank of Japan said on Tuesday - coming in at 1,249.8 trillion yen. That was shy of expectations for an increase of 1.5 percent but was unchanged from the September reading following a downward revision from 1.3 percent. The M3 money stock...
The Taiwan stock market on Monday ended the five-day winning streak in which it had jumped more than 770 points or 3.4 percent. The Taiwan Stock Exchange now rests just beneath the 23,530-point plateau although it may bounce higher again on Tuesday. The global forecast for the Asian markets is positive, mostly on inertia following...
The China stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had spiked more than 110 points or 3.3 percent. The Shanghai Composite now sits just above the 3,470-point plateau and it may open higher again on Tuesday....
The Indonesia stock market headed south again on Monday, one session after ending the two-day slide in which it had plunged almost 250 points or 3.3 percent. The Jakarta Composite Index now rests just beneath the 7,270-point plateau although its expected to find renewed support on Tuesday. The global forecast for the Asian markets is...
JAKARTA - On Wednesday, October 30, foreign investors were seen purchasing and selling stocks, with a total of 2.60 billion shares purchased and 3.12 billion shares sold. As a result, net foreign volume closed at -523.74 million shares. The mineral mining business PT Bumi Resources Minerals Tbk (BRMS) had the most shares bought, with 263.45...
JAKARTA -PT Citra Development Tbk (CTRA), a housing developer, posted net profit of IDR 1.27 trillion until the third quarter (Q3) of 2024, up 8.12% year-on-year (yoy) from IDR 1.18 trillion in September (9M) 2023. Based on Financial Report of Q3 2024 quoted Thursday (31/10), CTRA’s net profit seemingly goes hand-in-hand with 8.01% yoy revenue...
JAKARTA - On Tuesday, October 29, PT Net Visi Media Tbk (NETV), a holding company for mass media, attracted a new investor after welcoming Newton Capital the week before. A production company called PT MD Entertainment Tbk purchased over 7.88 billion NETV shares, or about 19.07% of the company. This fantastic transaction wasfacilitated by PT...