Speaking at a World Economic Forum event, Coinbase CEO Brian Armstrong argued that Bitcoin is “a better form of money than gold.”In a separate interview, he noted that the Trump administration ushers in a new era for crypto after the sector was on the receiving end of ceaseless attacks by the Biden government. Bitcoin is...
JAKARTA - Bain Capital Credit LP, through its affiliate, BCSS Maverick Holdings LP, plans to partake in a private placement and securities issuance of PT Sejahteraraya Anugrahjaya Tbk (SRAJ) worth a total of USD 157 million. Arie Farisandi, Corporate Secretary of SRAJ, claimed that the plan to issue shares via private placement had been approved...
JAKARTA. Foreign investors still ride the trend of divesting shares ofPT Alamatri Resources Indonesia Tbk (ADRO), a coal mining company owned by Boy Thohir previously known as Adaro Energy, reported net sell of 152.96 million shares within the last 7 days of transaction. Last week, foreign buy volume of ADRO’s shares were recorded at 88.66...
JAKARTA - Sugiman Layanto increases his stakes to 7.60% in PT Wintermas Offshore Marine Tbk (WINS)from the previous 7.55% of issued and paid-up capital. Total shares acquired in phases reached 2.4 million, with average price recorded at IDR 461.5 per share. Based on the data compiled today (28/11), the transaction was split into 4 stages,...
JAKARTA -PT Sumber Global Energy Tbk (SGER)managed to otain potential revenue of USD 10.94 million from Minergy Power Corporation (MPC), Philippines, earlier this week (25/11). However, this has yet to trigger any positive response from the market until this morning (28/11). Based on IDNFinancials data, SGER’s price went down IDR 4, from IDR 402 to...
JAKARTA - A rights issue was recently held by PT Solusi Kemasan Digital Tbk (PACK). As a result, on Monday, November 25, the share portion of three investors in the company that produces plastic packaging for the snack and cosmetic industries dropped. First, PT Eco Energi Perkasa, PACKs controller, reported a decline in shares from...
German stocks traded lower on Wednesday amid concerns over whether other countries could be targeted for tariffs under incoming U.S. President Donald Trump, a day after he pledged to impose significant tariffs on goods from Canada, Mexico, and China. Meanwhile, investors demand for a risk premium on French debt has increased amid political uncertainties. Frances...
The major European markets saw late support to finish mixed on Tuesday, shaking off early weakness as investors fretted about potential inflationary pressures arising from U.S. President-elect Donald Trumps proposed tariff policies. Investor sentiment was also dented as the risk premium investors demand to hold French debt rose to its highest level since 2012 amid...
The Swiss franc weakened against its most major counterparts in the New York session on Wednesday. The franc fell to a 2-day low of 1.1180 against the pound and a 1-1/2-month low of 170.97 against the yen, off its early highs of 1.1119 and 172.82, respectively. The franc edged down to 0.9323 against the euro....
The Swiss stock market spent most of Wednesdays trade under water before a late rally nudged it up into positive territory going into the close. The higher finish allowed the SMI to snap the two-day losing streak in which it had given up more than 80 points or 0.7 percent. The performance was mostly in...