The UK construction activity posted its fastest expansion in nearly two-and-a-half years in September on improving output and new order growth amid falling interest rates, survey data from S&P Global revealed Friday. The construction Purchasing Managers Index registered 57.2 in September, up from 53.6 in August. The reading was forecast to climb moderately to 53.1....
OpenAI, the maker of popular chatbot ChatGPT, announced the launch of canvas, a new interface for working with ChatGPT on writing and coding projects, more than the simple chat. Canvas, the new way to interact with ChatGPT, opens in a separate window, allowing the users and ChatGPT to collaborate on a project. According to the...
JAKARTA -PT BPD Jawa Timur Tbk (BJTM) scored IDR 620.86 billion of profit in the first half (H1) of 2024, 13.78% year-on-year (yoy) lower from IDR 720.14 billion seen in the same period last year. This decline resulted from increased operational costs. Based on Financial Report of H1 2024 quoted Friday (27/9), gross interest and...
JAKARTA. Indonesia Stock Exchange (IDX) authorities reveals that 30 issuers have entered the pipeline for Initial Public Offering (IPO), and another 11 are lining up for rights issue as of September 20, 2024. Then, 11 out of 30 companies in IPO pipeline reportedly owned jumbo assets amounting to over IDR 250 billion. Most of them...
Selamat Sempurna Tbk (SMSM), an automotive spare part manufacturer, announces dividend income recorded from one of its subsidiaries in Malaysia, Bradke Synergies Sdn Bhd. Lidiana Widjojo, Corporate Secretary of SMSM, confirmed that the dividend received by the company amounts to MYR 2.2 million, which equals IDR 8.06 billion, using currency exchange rate of IDR 3,661.65...
JAKARTA - On Thursday, September 19, the general insurance company PT Lippo General Insurance Tbk (LPGI) conducted a 1:10 stock split. The corporate actions effect: Three large LPGI investors reported a big change intheir share portions onthe market hints. First, from 178.39 million shares to 1.78 billion shares, PT Hanwha Life Insurance Indonesia, the controller...
Pelayaran Kurnia Lautan Semesta Tbk (KLAS), a logistics and delivery company, will initiate a stock dividend and bonus shares distribution. The management of KLAS will ask for approval from its shareholders during Extraordinary General Meeting of Shareholders set to take place on October 31, 2024. The stock dividend that will be distributed by KLAS will...
Indian shares fell notably on Friday to extend steep losses from the previous session as Middle East worries persisted and investors awaited the release of all-important U.S. jobs report later in the day for additional clues on the Feds rate trajectory. The dollar was poised for its largest weekly gain since April and oil prices...
The Japanese yen strengthened against other major currencies in the Asian session on Friday, as Middle East worries persisted and investors awaited the release of all-important U.S. jobs report later in the day for additional clues on the Feds rate trajectory. Israel carried out a series of massive airstrikes overnight in the southern suburbs of...
Higher crude oil prices and slightly positive European stocks point to a marginally higher start for the Canadian market Friday morning. However, U.S. non-farm payroll data, due before the opening bell, holds the key for the market, as the numbers could offer some clues about the likely move of the Federal Reserve with regard to...