UK shop prices declined for the first time in nearly three years in August as deep discounting to shift summer stocks pushed down non-food prices further, data released by the British Retail Consortium showed on Tuesday. The shop price index declined 0.3 percent year-on-year in August, in contrast to the 0.2 percent increase in July....
Biopharmaceutical company Invivyd, Inc. (IVVD) announced Tuesday positive 180-day clinical efficacy data from the companys ongoing CANOPY Phase 3 clinical trial of pemivibart, a half-life extended investigational monoclonal antibody (mAb), for the pre-exposure prophylaxis (PrEP) of COVID-19. The exploratory clinical efficacy data in Cohort B, a placebo-controlled cohort of all-comer immunocompetent individuals, showed a relative...
JAKARTA - PT Nippon Indosari Corpindo Tbk (ROTI), or popularly known as Sari Roti and Sari Kue, reveals that the construction of its latest production facility in Pekanbaru, Riau, will be completed in the fourth quarter of 2024. It is worth mentioning that the newest factory of ROTI in Pekanbaru is the 15th production facility...
JAKARTA -PT Bank Mandiri (Persero) Tbk (BMRI) is optimistic to see its profit increasing in the second half of 2024, as credit distribution is projected to grow according to the target of 16-18% year-on-year (yoy). The notion was conveyed by Sigit Prastowo, Director of Finance and Strategy of BMRI in Public Expoe Live 2024 via...
JAKARTA – Nixon LP Napitupulu, President Director of PT Bank Tabungan Negara Tbk (BBTN), announces its vision prepared for its sharia business unit, Bank Tabungan Negara Syariah, for the next two years. In Public Expose Live 2024 of BBTN today (27/8), Napitupulu said that two years from now, BTN Syariah is projected to be the...
The Hong Kong stock market headed south again on Friday, one session after ending the two-day slide in which it had dropped almost 180 points or 1 percent. The Hang Seng Index now sits just above the 17,610-point plateau although its expected to bounce higher again on Monday. The global forecast for the Asian markets...
The Indonesia stock market turned higher again on Friday, one session after ending the four-day winning streak in which it had advanced almost 150 points or 2 percent. The Jakarta Composite Index now rests just shy of the 7,550-point plateau and its got a green light again for Mondays trade. The global forecast for the...
Indian shares look set to open higher on Monday after U.S. Federal Reserve Chair Jerome Powell rang the bell to start rate cuts, though he didnt provide specific information on when, or by how big any cuts to the borrowing cost would be. Meanwhile, rising oil prices due to an escalating conflict in the Middle...
JAKARTA – Jakarta Stock Price Composite Index (JCI) slipped to 7,565.78 right after the opening bell today (27/8) at 9.25 AM WIB. This trend is in contrast with the opening position at Monday (26/8), which arrived at 7,600. Monitoring the transaction during the morning session, JCI was seen fluctuating below the 7,600 level. However, it...
Bank Raya Indonesia Tbk (AGRO) booked credit distribution growth of 12.1% year-on-year (yoy) to IDR 6.8 trillion in the second quarter (Q2) of 2024, supported by enhancement in its digital business line. During the Public Expose Live 2024 held by AGRO today (27/8), outstanding digital credit distributed by the bank reportedly reached IDR 1.5 trillion...