JAKARTA – Jakarta Stock Price Composite Index (JCI) plummeted until today’s (4/10) closing bell. The index was at 7,476.99 nearing the end of today’s trading session. Monitoring the board, the index continued to decline during the middle of afternoon session at 2 PM WIB. Nearing the closing bell, the index did not show any improvement,...
JAKARTA. The Indonesian Securities Rating Agency (Pefindo) has assigned an idA rating to Bond II Year 2024 issued by PT Merdeka Battery Materials Tbk (MBMA), and confirmed the same rating for the bonds that have been issued. Pefindo said the rating reflects MBMAs business activities, which are vertically integrated. In addition, the rating also reflects...
JAKARTA. A total of 3 startups from Indonesia have received funding totaling more than US$28.5 million this week. According to data compiled by .com, the three startups are Broom, Rey.id, and Pallav Technologies. All three are startups based in Jakarta. Broom, a startup in the automotive sector, received funding of US$ 25 million from a...
United Tractros Tbk (UNTR), a subsidiary of PT Astra International Tbk (ASII) engaged in the heavy equipment and mining industry, is preparing for interim dividend distribution of IDR 2.42 trillion or IDR 667 per share. Sara K. Loebis, Corporate Secretary of UNTR, confirmed that the plan is in line with the decision made by the...
The Japanese yen strengthened against other major currencies in the European session on Thursday, after the Bank of Japan deputy Governor Himino said that the central bank would hike rates if it had more confidence in forecasts. Ryozo Himino, deputy governor of the Bank of Japan, stated that if the board has greater confidence in...
Higher crude oil and metal prices indicate a slightly positive start for the Canadian market on Thursday, but the more likely pointer for stocks could be U.S. consumer price inflation data, due before the opening bell. On the Canadian economic front, employment data for the month of September is due Friday morning. A report on...
The World Bank lifted its growth projection for South Asia citing strong domestic demand in India and faster recoveries in most other countries in the region. In its twice-yearly regional outlook, released Thursday, the World Bank said South Asia will expand 6.4 percent in 2024 compared to 6.0 percent estimated previously in April. The growth...
Consumer prices in the U.S. increased by slightly more than expected in the month of September, according to a report released by the Labor Department on Thursday. The Labor Department said its consumer price index rose by 0.2 percent in September, matching the increase seen in August. Economists had expected consumer prices to inch up...
The Singapore stock market has moved lower in two of three trading days since the end of the two-day winning streak in which it had picked up more than 20 points or 0.6 percent. The Straits Times Index now sits just above the 3,585-point plateau and it may extend Thursdays losses on Friday. The global...
The M2 money stock in Japan was up 1.3 percent on year in September, the Bank of Japan said on Friday - coming in at 1,252.0 trillion yen. That was unchanged from the August reading, although shy of forecasts for 1.5 percent. On a monthly basis, M2 was up 1.0 percent - accelerating from 0.6...