Russian authorities are selling 1,032 seized Bitcoin after a corrupt investigator seized them as bribes from hackers.The former investigator got 16 years in prison, and authorities are now going after his other assets. Russian bailiffs have initiated liquidating over 1,032 Bitcoin, valued at approximately one billion rubles, following the conviction of former high-ranking investigator Marat...
Fidelity Digital Assets has unveiled its report, offering an optimistic outlook for the crypto market in 2025, while Matt Hogan highlights the potential risks nations could face by not embracing Bitcoin.The report outlines three key trends transforming the crypto space: the growing adoption of Bitcoin, significant upgrades to Ethereum, and the rise in stablecoin adoption....
JAKARTA – PT Transcoal Pacific Tbk (TCPI) has set aside IDR 700 billion in capital expenditure (CapEx) for 2025 to expand its fleet of vessels. As of 2023, TCPI owns 165 ships and operates a total of 267 vessels, including tugboats and barges, as well as floating cranes and mother vessels. During the company’s Public...
JAKARTA -PT Surya Biru Murni Acetylene Tbk (SBMA) will expand its market reach by building gas-filling stations in Sulawesi in 2025. Until this year, SBMA manage 6 filling stations in 6 cities in Kalimantan. Rini Dwiyanti, President Director of SBMA, confirmed that the company will build some filling stations in Kalimantan and Sulawesi. “This step...
JAKARTA. PT Adaro Andalan Indonesia Tbk (AADI), a subsidiary of PT Adaro Energy Indonesia Tbk (ADRO) that will make its debut on Indonesia Stock Exchange (IDX), reveals plans of IPO proceeds’ utilisation. As informed by IDNFinancials before, AADI plans to issue 778.68 million shares in IPO. The potential fresh funds raised in this corporate action...
JAKARTA -PT Hartadinata Abadi Tbk (HRTA) is offering Shelf-Registration Bond II Phase I Year 2024 worth IDR 900 billion starting from Wednesday (20/11) to Thursday (21/11). The offered value is reportedly IDR 100 billion lower than the previously announced bond value of IDR 1 trillion. In the information disclosure quoted Wednesday (20/11), it is said...
JAKARTA – Board of Governors Meeting (RDG) of Bank Indonesia (BI) has opted to maintain its benchmark interest rate at 6.00% today (20/11). According to the press release, the decision is mean to reinforce monetary policy that aims to control inflation, which is targeted at around 2.5% in both 2024 and 2025. “The focus of...
The Indian stock market is up in positive territory Friday morning thanks to bargain hunting at several counters after the setback in the previous session. A few stocks from the Adani Group have moved up as well. Bank, technology, metal and realty stocks are among the prominent gainers. The BSE benchmark Sensex was up 704.08...
The New Zealand dollar weakened against other major currencies in the Asian session on Friday, as traders expect the Reserve Bank of New Zealand (RBNZ) to cut its interest rates at the next weeks monetary policy meeting. The RBNZ is expected to its key rates by 50 basis points from 4.75% to 4.25% at Tuesdays...
The German economy grew marginally in the third quarter after a contraction, preventing a technical recession, official data revealed Friday. Gross domestic product posted a sequential growth of 0.1 percent in the third quarter, revised data from Destatis showed. The rate was downgraded from 0.2 percent estimated on October 30. In the second quarter, GDP...