The U.S. dollar strengthened against other major currencies in the European session on Wednesday, as traders await the minutes of the Federal Open Market Committee (FOMC) meeting, scheduled for release later in the day. At the conclusion of the policy meeting in December, the Fed took a more hawkish position and indicated that it would...
Bybit will shut down its NFT, Inscription, and IDO services on April 8, following a sharp decline in user activity and trading volume.Bybit remains active through major CEX inflows and its support for network upgrades and financial transparency programs. Bybit, a cryptocurrency exchange, officially announced that it would shut down its three primary services: NFT...
Sony Electronics Singapore now accepts USDC payments via Crypto.com, marking its first step into direct crypto transactions locally.Despite scrutiny over reissuing CRO tokens, Crypto.com continues expanding through EU licensing and an ETF deal with Trump Media. Sony Electronics Singapore has officially opened the door to payments using USDC, a stablecoin pegged to the US dollar....
Franklin Templeton is exploring a Bitcoin ETP launch in Europe amid growing interest in regulated crypto investment products.The firm also supports a U.S. Bitcoin reserve strategy, viewing BTC as a modern hedge asset like gold. Franklin Templeton is now looking to Europe to launch a Bitcoin-based exchange-traded product (ETP). The move comes amid growing investor...
Larry Fink warned that growing U.S. debt could weaken the dollar and push investors toward Bitcoin.He believes tokenization will transform finance by making investing faster, cheaper, and more accessible. BlackRock CEO Larry Fink has warned that the continued deficit is threatening the US dollar’s dominance. In his annual letter, Fink said that if government spending...
JAKARTA – PT Bangun Kosambi Sukses Tbk (CBDK), a subsidiary of PT Pantai Indah Kapuk Dua Tbk (PANI), successfully held its initial public offering (IPO) on the Indonesia Stock Exchange (IDX) today (13/1). Despite its strong reputation bolstered by its parent company, CBDK offered only 10% of its issued and paid-up capital to the public,...
JAKARTA – The majority of companies in the Initial Public Offering (IPO) pipeline of the Indonesia Stock Exchange (IDX) have large-scale assets. “As of now, there are 19 companies in the IDXs IPO pipeline,” revealed I Gede Nyoman Yetna, Director of Company Valuation at IDX, in an official statement. At least 17 of the 19...
JAKARTA – PT Surya Biru Murni Acetylene Tbk (SBMA) remains in the spotlight as its business in the Kalimantan region continues to grow. SBMA is optimistic that several strategic projects in the oil and gas, mining, and manufacturing sectors will drive the regions economic growth. These projects are expected to increase the demand for industrial...
JAKARTA – The Indonesia Stock Exchange (IDX) welcomed a new pharmaceutical issuer, PT Brigit Biofarmaka Teknologi Tbk (OBAT), following its Initial Public Offering (IPO) on Monday, January 13. In this corporate action, OBAT offered 170 million shares, equivalent to 28.33% of its issued and paid-up capital post-IPO. With an offering price of IDR 350 per...
JAKARTA – The Jakarta Composite Index (JCI) experienced a correction during the opening of the first trading session, reaching 7,063.53 points by 09.46 AM WIB on Monday (13/1). As of this morning, IHSG was at 7,063.53 points as of 09.40 AM WIB, having opened lower than last weeks close at 7,078.24 points. Several large-cap stocks...