In a keynote speech delivered at the Barron’s Advisor 100 Summit on September 20, Bitwise Chief Investment Officer (CIO) Matt Hougan revealed that top financial advisors are increasingly incorporating cryptocurrency into their personal portfolios. Increase in Financial Advisors Embracing Crypto Signals Changing Times In a memo published on September 23, Bitwise CIO Matt Hougan reflected...
JAKARTA -PT Bank Negara Indonesia (Persero) Tbk (BBNI) had reportedly concluded a buyback of 40.51 million shares yesterday (15/9). This corporate action first began on March 16, 2023, following shareholders’ approval on March 15, 2023. Okki Rushartomo, Corporate Secretary of BBNI, mentioned that the entire shares gained from the buyback will be utilised for management...
JAKARTA - Alibaba Group is providing Alibaba Cloud services to advance digital innovation of PT Goto Gojek Tokopedia Tbk (GOTO)for the next five years. The Memorandum of Understanding (MoU) between Alibaba and GOTO was signed last week (13/9). Selina Yuan, Vice President of Alibaba Group and President International Business of Alibaba Cloud Intelligence, said that...
JAKARTA - Two key investors in PT Sumber Energi Andalan Tbk (ITMA), an issuer providing consulting services to the mining and energy industries, continue to trade the companys shares. Foreign investor Zurich Assets International Ltd decided to sell 17.25 million shares of ITMA on Monday, September 9, reducing its ownership to 5.57%. On the other...
JAKARTA - PT Dima Investindo (DI) will acquire 55% ofPT Kurniamitra Duta Sentosa Tbk (KMDS)owned by PT Miki Ojisan Indomitra (MOI). DI is not directly or indirectly affiliated with KMDS. In the information disclosure quoted Friday (13/9), Hengky Wijaya, President Director of KMDS, mentioned that the shares of MOI to be acquired reach 440 million...
JAKARTA. Nippon Shokubai Indonesia, a petrochemical company that has been investing in Indonesia since 1996, is preparing IDR 1.69 trillion for factory expansion in Cilegon. This news is disclosed by Rosan Roeslani, Minister of Investment/Head of Indonesia Investment Coordinating Board. In the release issued yesterday (12/9), Roeslani said that the fund will be allocated to...
The Taiwan stock market moved back to the upside on Thursday, one session after ending the three-day winning streak in which it had rallied more than 810 points or 3.9 percent. The Taiwan Stock Exchange now sits just above the 22,040-point plateau and its looking at a firm lead for Fridays trade. The global forecast...
The Hong Kong stock market has moved higher in five straight sessions, collecting more than 900 points or 5.2 percent along the way. The Hang Seng Index now sits just above the 18,000-point plateau although its overdue for profit taking on Friday. The global forecast for the Asian markets is upbeat on optimism for the...
The Indonesia stock market bounced higher again on Thursday, one day after ending the three-day winning streak in which it had advanced more than 80 points or 1 percent. The Jakarta Composite Index now rests just above the 7,900-point plateau and its looking at another strong start again on Friday. The global forecast for the...
The Malaysia stock market has moved higher in three straight sessions, gathering more than 25 points or 1.6 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,660-point plateau and its tipped to open in the green again on Wednesday. The global forecast for the Asian markets is flat ahead...