According to the latest report, Florida could allocate a portion of its $185.7B pension funds or a part of its $116.5B budget surplus to Bitcoin.It is reported that this could be witnessed in the first quarter of 2025 (Q1 2025), especially since the speaker and the president of the Senate favor the asset class. The...
Cardano’s Charles Hoskinson has hinted at the potential establishment of a policy office to extensively deliberate the industry’s journey in the last three years for relevant regulations. According to him, authorities should work on the existing lawsuits against crypto companies and push for international harmonization. Cardano co-founder Charles Hoskinson has, in an extensive interview, highlighted the...
Eric Trump and billionaire Steve Witkoff, co-founders of World Liberty Financial, will speak at the Bitcoin MENA conference in Abu Dhabi, attracting over 6,000 attendees.Elon Musk’s $250 million investment in Trump’s 2024 campaign highlights the growing intersection between crypto, tech, and politics, with figures like Paul Manafort and Changpeng Zhao attending. President-elect Donald Trump’s closest...
Jasnita Telekomindo Tbk (JAST) managed to bring in net profit of IDR 218.7 million in the first nine months (9M) of 2024, turning the tide from the loss it faced in 9M 2023 of IDR 3.2 billion. The performance was supported by its revenue that reached IDR 67.8 billion. JAST’s revenue in 9M 2024 was...
Solusi Sinergi Digital Tbk (WIFI), a digital company debuted in Indonesia Stock Exchange (IDX) in 2020, announced net profit of IDR 152.07 billion recorded within the first nine months (9M) of 2024. The profit increased 3.4 times higher compared to the net profit seen in the same period last year, in which WIFI booked net...
JAKARTA – PT Semen Indonesia (Persero) Tbk (SMGR) reported a downturn in Q3 2024 compared to the same period last year. Its revenue and net profit both slipped 4.93% and 58% year-on-year (yoy). Based on Q3 2024 Financial Report quoted Friday (1/11), SMGR’s revenue reached IDR 26.29 trillion, slipping from IDR 27.66 trillion seen at...
JAKARTA. PT Trisula Textile Industries Tbk (BELL), an issuer providing fabric and apparel, posted a net profit of IDR 12.82 billion in the first nine months (9M) of 2024. This gain increased 5% year-on-year (yoy) or compared to the same period last year, where the company only posted a net profit of IDR 12.16 billion....
JAKARTA. PT Kereta Api Indonesia (Persero) or KAI will issue Shelf Registration Bonds II Phase I/2024 with a principal amount of IDR 1.5 trillion and Shelf Registration Sukuk Ijarah II Phase I/2024 with a principal amount of IDR 500 billion. Each of these debt securities will be offered in 3 series. The principal amount and...
After surging during Wednesdays trading, the value of the U.S. dollar has shown a notable move back to the downside during trading on Thursday. The U.S. dollar index is currently sliding 0.73 points or 0.7 percent to 104.35 after jumping by 1.6 percent to its highest levels in almost four months on Wednesday. The greenback...
Japan will on Friday release September figures for household spending, highlighting a light day for Asia-Pacific economic activity. Spending is expected to sink 0.7 percent on month and 1.8 percent on year after adding 20 percent on month and falling 1.9 percent on year in August. Japan also will see September figures for its leading...