The U.S. dollar moved down against its most major counterparts in the New York session on Thursday, following the release of inflation and jobless claims data. Data from the Labor Department showed that consumer prices in the U.S. increased slightly more than expected in the month of September. The consumer price index rose by 0.2...
European stocks closed weak on Thursday, as hotter-than-expected U.S. consumer price inflation data has further offset optimism the Federal Reserve will continue to aggressively lower interest rates in the coming months. Data from the Labor Department showed that its consumer price index rose by 0.2% in September, matching the increase seen in August. Economists had...
After opening marginally up Thursday morning, the Switzerland market moved in a tight range around the flat line till mid afternoon before drifting lower and finishing with a modest loss. Data showing a bigger than expected increase in U.S. consumer price inflation in the month of September weighed on sentiment. Another data showed an increase...
Energy and materials shares are turning in a fine performance in the Canadian market, which is trading slightly up Thursday afternoon. The upside is limited as data showing a bigger than expected increase in U.S. consumer prices in the month of September has dimmed the possibility of another aggressive interest rate cut by the Federal...
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...