Pavel Durov is allowed to leave France amid an investigation into Telegram’s alleged role in enabling illegal activities.Telegram expands its crypto wallet, adding new tokens and features while facing restrictions in Russia over security concerns. Pavel Durov may finally breathe freely outside of France after months of being closely monitored by local police. Once his...
VanEck has filed an S-1 registration with the SEC, aiming to launch an Avalanche ETF to expand crypto investment options.Avalanche’s network upgrades and new Visa-linked Avalanche Card enhance its real world utility, supporting broader adoption beyond speculative investments. VanEck, one of the world’s largest asset managers, has filed an S-1 registration statement with the Securities...
Bitcoin whales and sharks reduced holdings by over 57,000 BTC last week, raising questions about market impact and investor sentiment.While large holders sold, other Bitcoin investors with over 10 BTC accumulated nearly 5,000 BTC, signaling mixed market perspectives. Over the last week, the cryptocurrency industry has been rocked by a massive sell-off from two groups...
JAKARTA – Two issuers from the Adaro Group ranked among the top five in value trading throughout December 2024, competing with major national banking stocks. These two issuers outperformed PT Goto Gojek Tokopedia Tbk (GOTO) and PT Barito Pacific Tbk (BRPT), which had been in the top five of stock trading value as of December...
JAKARTA – International tourist arrivals in November 2024 rose by 17.29% to 1.09 million compared to 931,227 visits in November 2023. Among the top countries of origin, Malaysia reported the highest number of tourist visits. Data from the Statistics Indonesia (lit. Badan Pusat Statistik/BPS), cited on Friday (3/1), shows that tourist visits from ASEAN countries...
JAKARTA - As many as 60 textile factories in Indonesia are pressured by illegal imported products, which has resulted in the number of layoffs (PHK) soaring to 250 thousand people in the last 2 years. This was conveyed by Immanuel Ebenzer Gerungan, Deputy Minister of Manpower of the Republic of Indonesia. The figure, said Immanuel,...
JAKARTA – PT Terregra Asia Energy Tbk (TGRA), a renewable energy company, has revealed its business outlook for 2025 after suffering from four consecutive quarters of no revenue and mounting losses. TGRA reportedly plans to acquire six operational Minihydro Power Plants (PLTM) to generate revenue. The company’s management expects the acquisition to be completed by...
JAKARTA –On Monday, December 30, PT Indotambang Perkasa sold 2.27 billion shares of PT Astrindo Nusantara Infrastruktur Tbk (BIPI), making it thehighlight of the list of stock transactions by investors holding 5% or more shares. After selling the shares through PT Danatama Makmur Sekuritas, this investors stake instantly dropped from almost 23% to 19.39%. In...
Asian stocks fell in thin holiday trade on Tuesday. Volumes were light amid holidays in Japan and South Korea. South Korea was closed for New Years Eve holiday, while Japanese markets remain closed from Tuesday through Jan. 6. Markets in Australia, New Zealand, Singapore and Hong Kong all closed early on New Years Eve. The...
European stocks were moving lower in thin holiday trade on Tuesday, taking their cues from a sell-off on Wall Street overnight and weak cues from Asia. Major markets across Europe will be operating a half-day today, with bourses in Germany, Italy and Switzerland already closed. The economic data calendar for the day remains relatively light....