JAKARTA - PT Bank Negara Indonesia (Persero) Tbk or BNI continues to strive to improve service accessibility for international customers. One of the latest steps is to relocate the Singapore Overseas Office (KLN) to BNI Tower at 30 Raffles Place, Singapore #26-01 & #27-01 from its previous location at Cecil Street. BNIs operations in this...
Medco Energi Internasional Tbk (MEDC) is readying interim dividend distribution of USD 25.89 million or IDR 15.75 per share. Siendy K. Wisandana, Corporate Secretary of MEDC, mentioned that the plan is in line with the decision made by the board of directors a few days ago. “It had been approved by the board of commissioners...
The U.S. dollar advanced against its most major counterparts in the New York session on Friday, after producer prices came in unchanged in September. Data from the Labor Department showed that the producer price index came in flat in September after rising by 0.2 percent in August. Economists had expected producer prices to inch up...
The Canadian market is up firmly in positive territory a little past noon on Friday with stocks from across several sectors moving higher as investors cheer upbeat jobs data, and a report showing a slight slowdown in the annual rate of U.S. producer prices growth. Data from Statistics Canada showed that employment in Canada rose...
The Canadian dollar was lower against its major counterparts in the New York session on Friday, as oil prices edged lower on concerns about the impact of Hurricane Milton on U.S. oil output. Hurricane Milton caused havoc across Florida, destroying homes and leaving people without power. At least 16 deaths had been reported, though search...
After trending higher over the past couple weeks, the value of the U.S. dollar has fluctuated over the course of trading on Friday. The U.S. dollar index saw some volatility early in the day but is currently posting a modest loss, down just 0.05 points or less than a tenth of a percent at 102.94....
Indian shares look set to open on a positive note Thursday, though volatility cannot be ruled out due to lingering Middle East tensions and ahead of key U.S. consumer and producer price inflation readings due this week. Tata Group stocks could be in focus after veteran industrialist and Groups chairman emeritus Ratan Tata passed away...
The Canadian dollar weakened against other major currencies in the early European session on Thursday, as crude oil prices fell extending recent losses, as data showing an unexpected big jump in crude inventories outweighed possible supply disruptions due to Hurricane Milton and Middle East tensions. West Texas Intermediate Crude oil futures for November ended down...
UK house prices increased for the first time in two years in September as expectations about future interest rate cuts lifted housing market activity, survey data published by Royal Institution of Chartered Surveyors, or RICS, showed Thursday. The house price balance rose to 16 percent in September from a flat result in August. The balance...
JAKARTA - PT Harum Nickel Industry (HNI) channels loan facility of USD 45 million, equal to IDR 681.21 billion to support operational activities of PT Westrong Metal Industry (WMI). This subsidiary ofPT Harum Energy Tbk (HRUM)operates nickel smelting facility with 4 rotary kiln electric furnaces (RKEF) in Weda Bay Industrial Park, Halmahera Tengah. In the...