The manufacturing sector in New Zealand continued to contract in September, albeit at a slower pace, the latest survey from BusinessNZ revealed on Friday with a manufacturing PMI score of 46.0. Thats up from the upwardly revised 46.1 in August (originally 45.9), although it remains beneath the boom-or-bust line of 50 that separates expansion from...
JAKARTA. PT Karyaputra Suryagemilang (KS), a subsidiary of PT Anabatic Technologies Tbk (ATIC), has purchased 3.04% or equivalent to 76 shares of PT Payrol Prima Indonesia. In connection with the share purchase, KS has signed a Sale and Purchase Agreement (PPJB) for Payrol Prima shares with a number of sellers. All Payrol Prima shares purchased...
JAKARTA – Fortune recently crowned 100 most powerful women of 2024 from various business sectors across the globe. In the list, 8 out of the top 10 women came from United States (US) region. In the press release quoted Thursday (3/10), Anastasia Nyrkovskaya, CEO of Fortune, said that the women executives included in the list...
JAKARTA – Financial Services Authority (OJK) is currently investigating two Barito Group companies, PT Barito Renewables Energy Tbk (BREN)andPT Petrindo Jaya Kreasi Tbk (CUAN), regarding false trading allegation in the stock market. This announcement is issued by Inarno Djajadi, Chief Executive of Capital Market, Financial Derivative, and Carbon Exchange Supervision of OJK, through a press...
JAKARTA -PT Bank Negara Indonesia (Persero) Tbk (BBNI) will launch BNI Direct, a digital platform designed to improve services for corporate users. Royke Tumilaar, President Director of BBNI, announced this during CNBC Indonesia broadcast in Money Talks program, yesterday (2/10). It is mentioned that this digital platform will be integrated in various services for corporate...
JAKARTA - On Monday, September 30, Low Tuck Kwong, the founder and president of PT Bayan Resources Tbk (BYAN), acquiredover 1.5 billion shares from the coal mining issuer. His share portion of BYANhas increased to 40.16% from his previous 35% control. He utilized PT Maybank Sekuritas Indonesia and BUT Deutsche Bank AG to complete this...
European stocks are seen opening broadly higher on Friday, with market attention focused on a press briefing by Chinas Ministry of Finance scheduled for Saturday, where policymakers may unveil long-anticipated fiscal stimulus plans to revive the struggling property market and boost economic growth. Traders also await U.S. producer price inflation data along with other readings...
Fisher-Price Inc., owned by toymaker Mattel, Inc., is recalling around 2.2 million Snuga Infant swings citing risk of suffocation after 5 deaths were reported since 2012, according to the U.S. Consumer Product Safety Commission. The recall involves all models of Fisher-Price Snuga Swings, which are infant swings with a front to back and side-to-side motion....
The Bank of Korea lowered its base rate for the first time in more than four years on Friday, in order to stimulate economy as inflation weakened to the lowest since early 2021 and household debt began to slow on tight macroprudential policies. The Monetary Policy Board headed by Rhee Chang Yong decided to cut...
The New Zealand dollar strengthened against other major currencies in the Asian session on Friday. The NZ dollar rose to 2-day highs of 0.6106 against the euro and 1.7913 against the euro, from yesterdays closing quotes of 0.6092 and 1.7937, respectively. Against the Australia and the yen, the kiwi edged up to 1.1044 and 90.79...