The South Korea stock market turned lower again on Thursday, one day after ending the three-day slide in which it had given up almost 20 points or 0.7 percent. The KOSPI now rests just above the 2,660-point plateau and it may tick lower again on Friday. The global forecast for the Asian markets suggests little...
The Thai stock market has moved higher in four straight sessions, advancing more than 30 points or 2.1 percent along the way. The Stock Exchange of Thailand now rests just above the 1,320-point plateau although it\'s due for profit taking on Friday. The global forecast for the Asian markets is soft, thanks to fears of...
JAKARTA – Despite the normalisation of coal mining industry after sudden surge in commodity price in the past couple of years, PT United Tractors Tbk (UNTR), Astra Group entity in the distribution of heavy equipment for mining, gains confidence and revises the projection of Komatsu sales to 4500 units. “I can say that our outlook...
China lowered its short-term policy rate as well as benchmark lending rates on Monday, in order to prop up growth. The People\'s Bank of China cut the interest rate on seven-day reverse repos to 1.7 percent from 1.8 percent. The action was aimed to strengthen counter-cyclical adjustments to better support the real economy, the central...
Asian stocks ended mixed on Friday as Middle East tensions persisted, and investors looked ahead to the all-important U.S. jobs report later in the day that could decide the path of U.S. interest rates. The dollar hovered near a six-week high in Asian trading and gold traded near record levels while oil prices steadied, after...
Indian shares traded sharply higher on Friday after the Federal Reserve\'s preferred inflation gauge met consensus forecasts, helping ease concerns surrounding interest-rate cuts. Strong Q3 GDP data also boosted investor sentiment. The benchmark S&P BSE Sensex was up 675 points, or 0.9 percent, at 73,175 in early trade while the broader NSE Nifty index was...
Heartland Express, Inc. (HTLD) reported Tuesday a net loss of $3.48 million or $0.04 per share for the second quarter, compared to net income of $7.77 million or $0.10 per share in the prior-year quarter. Operating revenue for the quarter declined to $274.75 million from $306.17 million in the same quarter last year. On average,...
A reading on Philadelphia-area manufacturing activity returned to positive territory in the month of September, the Federal Reserve Bank of Philadelphia revealed in a report released on Thursday. The report said the diffusion index for current general activity jumped to a positive 1.7 in September from a negative 7.0 in August, with a positive reading...
Bitcoin core developer Luke Dashjr criticized the Runes protocol in a Friday X post, suggesting it exploits a fundamental design flaw within the Bitcoin blockchain network. In his post, Dashjr highlighted the contrasting nature of Ordinal Inscriptions and the Runes protocol in their interactions with the network. Ordinals exploits vulnerabilities. Runes merely exploit design flaws....
JAKARTA.PT Royaltama Mulia Kontraktorindo Tbk (RMKO) has resumed its partnership with PT Atlas Resources Tbk (ARII) to develop and operate the mining facility of PT Gorby Putra Utama (GPU). The partnership will be carried out with the support of funding from PT Rantai Mulia Kencana (RMK), an affiliate of RMKO. The support given by RMK...