JAKARTA – PT Delta Dunia Makmur Tbk (DOID), a mining company and mining services contractor, is optimistic about 2025 after successfully acquiring several mines outside Indonesia. One of the key acquisitions is Atlantic Carbon Group, Inc. (ACG), valued at USD 122.4 million or IDR 1.98 trillion. DOID has acquired a majority stake in ACG, one...
The Singapore stock market on Tuesday ended the two-day slide in which it had fallen almost 30 points or 0.8 percent. The Straits Times Index now rests just beneath the 3,815-point plateau although it may head south again on Wednesday. The global forecast for the Asian markets is negative, with weakness expected from the computer,...
Producer prices in Japan were up 3.7 percent on year in November, the Bank of Japan said on Wednesday. That exceeded expectations for an increase of 3.4 percent and was up from the upwardly revised 3.6 percent gain in October (originally 3.4 percent). On a monthly basis, producer prices were up 0.3 percent - unchanged...
The Taiwan stock market has finished lower in two of three trading days since the end of the four-day winning streak in which it had surged more than 1,000 points or 4.3 percent. The Taiwan Stock Exchange now rests just above the 23,125-point plateau and its looking at another soft start again on Wednesday. The...
The China stock market bounced higher again on Tuesday, one day after snapping the two-day winning streak in which it had advanced almost 40 points or 1.2 percent. The Shanghai Composite now sits just above the 3,420-point plateau although its expected to open under pressure on Wednesday. The global forecast for the Asian markets is...
The Hong Kong stock market on Tuesday wrote a finish to the two-day winning streak in which it had rallied more than 850 points or 4.2 percent. The Hang Seng Index now sits just above the 20,310-point plateau and its looking at another soft start again on Wednesday. The global forecast for the Asian markets...
The Indonesia stock market has moved higher in three straight sessions, gathering more than 135 points or 2 percent along the way. The Jakarta Composite Index now sits just above the 7,450-point plateau although it may spin its wheels on Wednesday. The global forecast for the Asian markets is negative, with weakness expected from the...
Ahead of Tuesdays holiday for Constitution Day, the Thai stock market had finished lower in two of three trading days since the end of the two-day winning streak in which it had advanced almost 30 points or 2 percent. The Stock Exchange of Thailand now sits just beneath the 1,450-point plateau and its tipped to...
The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday, as traders await key U.S. consumer price inflation readings later in the day that could influence the U.S. Feds rate trajectory. Signals of a policy shift in China boosted sentiment, while persisting geopolitical tension due to escalating violence in Syria...
JAKARTA – The Ministry of Energy and Mineral Resources (ESDM) is preparing strategies to boost nickel reserves in anticipation of Indonesia Emas 2045. This initiative aims to ensure the continuity and sustainability of the national nickel supply, a significant source of foreign exchange. During the Bisnis Indonesia Economy Outlook 2025 broadcast on YouTube on Tuesday...