Jakarta - PT Green Power Group Tbk (LABA) announced plans to increase capital with pre-emptive rights or rights issue in the first half of 2025. President Director of LABA, William Ong, revealed that the value of the issuance is estimated at IDR 100-150 billion. We are currently discussing with securities regarding the number of shares...
Jakarta - PT BFI Finance Indonesia Tbk (BFIN) affirms its commitment to pay off the companys Shelf Registration Bond V BFI Finance Indonesia Phase III Year 2023 Series B worth IDR 227 billion, which will mature on January 27, 2025. In an official statement, BFIN Director Sudjono explained that the funds for principal and interest...
JAKARTA—On Friday, December 27, the stock exchange saw a net sell of 15.98 million shares from foreign investors. A total of 2.55 billion shares were bought, while 2.56 billion shares were sold overall. With 447.61 million shares, PT GoTo Gojek Tokopedia Tbk (GOTO) once again topped the list of equities with the highest net sell....
The antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Monday, as traders seemed reluctant to make more significant moves amid what is likely to be a quiet week due to the Christmas Day holidays. Chinas Ministry of Finance announced that the government...
Asian stocks advanced on Tuesday after shares of big U.S. technology companies rallied overnight in thin trading at the start of a holiday-shortened week. Regional markets moved in a tight range before ending higher, with Hong Kong and Sydney having shortened session for Christmas Eve. Gold and oil clung to modest gains in Asian trade...
French stocks were modestly higher on Tuesday in thin shortened pre-Christmas trade. Most European markets will remain shut on Wednesday and Thursday for the Christmas holiday. Traders were reacting to the latest GDP reports from the U.K. and Spain as well as comments from Chinas finance ministry that it will increase public spending in 2025...
U.K. stocks were moving higher on Tuesday in thin-shortened trading session for Christmas Eve. Markets will remain shut on Wednesday and Thursday for the Christmas holiday. The benchmark FTSE 100 was up 24 points, or 0.3 percent, at 8,127 after edging up by 0.2 percent on Monday. Energy stocks tracked oil prices higher, with BP...
European stocks edged higher in cautious trade on Tuesday ahead of Christmas break. The German DAX is not trading today while the FTSE 100 and CAC 40 will close early for Christmas Eve. Markets in the U.K., Germany, Spain and France will remain shut on Wednesday and Thursday for the Christmas holiday. The pan European...
The South Korea stock market has finished lower in two straight sessions, sinking more than 80 points or 3.2 percent along the way. The KOSPI now rests just above the 2,400-point plateau although its due for support on Monday. The global forecast for the Asian markets is cautiously optimistic on an improved outlook for interest...
CryptoQuant analysts attribute the spike in Binance’s stablecoin reserves to institutional investors transferring significant capital in anticipation of favorable market conditions.Binance appears to be bolstering its reserves to support heightened demand for trading pairs and large-scale transactions. New statistics from CryptoQuant have shown that Binance’s stablecoin reserves have jumped to more than $31.3 billion, an...