Jakarta (ANTARA) - The Financial Services Authority (OJK) is preparing an OJK Regulation (POJK) to regulate financing companies, OJK's supervision executive of financing institutions, venture capital companies, microfinance institutions, and other financial service institutions, Agusman, said. The POJK is a derivative of Law No. 4 of 2023 on the Development and Strengthening of the Financial...
Biotechnology company NeuroBo Pharmaceuticals, Inc. (NRBO) announced Monday the appointment of Marshall Woodworth as Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer, effective March 1, 2024, following his tenure as Acting Chief Financial Officer since October 27, 2023. Marshall brings in decades of experience as a CFO for a variety of pharmaceutical and...
South Korea\'s gross domestic product gained a seasonally adjusted 0.6 percent on quarter in the fourth quarter of 2023, the Bank of Korea said on Tuesday. That was in line with expectations and unchanged from the previous quarter. Real gross national income increased 0.1 percent on quarter, easing from 1.6 percent in Q3. On an...
The services sector in Australia moved to expansion in February, the latest survey from Judo Bank said on Tuesday with a services PMI score of 53.1. That\'s up from 49.1 and it moved above the boom-or-bust line of 50 that separates expansion from contraction. Central to the latest upturn in services activity was an improvement...
The Malaysia stock market has alternated between positive and negative finishes through the last seven trading days since the end of the two-day slide in which it had slipped more than 10 points or 0.6 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,540-point plateau and it\'s likely to head south again...
South Korea\'s gross domestic product expanded a seasonally adjusted 0.6 percent on quarter in the fourth quarter of 2023, the Bank of Korea said on Tuesday. That was in line with expectations and unchanged from the previous quarter. Real gross national income increased 0.1 percent on quarter, easing from 1.6 percent in Q3. On the...
The Singapore stock market has moved lower in back-to-back sessions, slipping almost 20 points or 0.6 percent along the way. The Straits Times Index now sits just above the 3,120-point plateau and it may take further damage on Tuesday. The global forecast for the Asian markets suggests mild consolidation ahead of key data later this...
The Taiwan stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had rallied more than 270 points or 1.4 percent. The Taiwan Stock Exchange now sits just above the 19,300-point plateau and it\'s likely to open under pressure...
-- Advanced Micro Devices Inc\'s (NASDAQ:AMD) attempt to greenlight an artificial intelligence chip geared specifically towards Chinese markets was rejected by U.S. officials, Bloomberg reported on Tuesday. U.S. officials told AMD that a less powerful chip it had designed specifically with U.S. export restrictions in mind was still too powerful to sell in China, and...
By David Shepardson and Aatreyee Dasgupta WASHINGTON (Reuters) -JetBlue Airways and Spirit Airlines (NYSE:SAVE) scrapped their $3.8-billion merger agreement on Monday, with the low-cost carriers saying there was no path forward after a U.S. judge blocked the deal in January on anti-competition concerns. A successful deal would have created the fifth-largest carrier in the United...