European stocks closed on a somewhat mixed note on Monday after a choppy ride as investors tracked the developments on the political front, and awaited interest rate decisions from the Bank of England and the Swiss National Bank, and more economic data for clues about global economic growth. French government bonds won some respite after...
The euro strengthened against other major currencies in the European session on Monday, as traders turned their attention towards the ECB President Christine Lagarde\'s speech later on the day. European Central Bank president Christine Lagarde will speak in a plenary debate on the ECB Annual Report 2022 in Strasbourg, France later today. U.S. PCE numbers...
Indian shares look set to open a tad higher on Wednesday as weak U.S. business activity data revived investor hopes for U.S. rate cuts this year. Investor sentiment also received a boost after electric-vehicle giant Tesla struck an upbeat tone despite a sales miss. Closer home, HUL, LTIMindtree, Indian Hotels and Axis Bank are among...
Facebook-owner Meta recorded a loss of over $3.5bn in the third quarter of this year, as the company continues to burn cash on its new Metaverse-related initiative. Overall, Meta saw its revenue fall 4% in the third quarter, while expenses rose by 19% year-over-year to $22.1bn. Compared to the previous year, operating income fell by...
JAKARTA - PT Indika Indonesia Resources (IIR), a subsidiary ofPT Indika Energy Tbk (INDY), has divested 60% of PT Mitra Energi Agung (MEA) to PT Niaga Gilang Persada (NGP). The signing of share sale and purchase agreement took place last week (3/10). Adi Pramono, Corporate Secretary of INDY, mentioned that the number of shares of...
The Taiwan stock market has moved higher in three straight sessions, collecting almost 625 points or 2.8 percent along the way. The Taiwan Stock Exchange now sits just above the 22,280-point plateau and it may see additional support on Tuesday. The global forecast for the Asian markets suggests mild upside, largely on positive momentum amid...
While reporting its financial results for the first quarter on Wednesday, luxury fashion house Ralph Lauren Corp. (RL) said it expects revenue growth for the second quarter in about low-to mid-single digits from last year on a constant currency basis, centering around 3 to 4 percent. For fiscal 2024, the company also continues to expect...
Businesses can also granularly customize transaction and alert policies using Compliance Engine to align with their specific business needs and regulatory requirements. The platform also supports incoming and outgoing transactions that are performed using programmable wallets. This includes EOA and MSCA wallet account types and developer-controlled or user-controlled wallets. Compliance Engine supports a wide range...
The Thai stock market has moved higher in three straight sessions, advancing more than a dozen points or 0.9 percent along the way. The Stock Exchange of Thailand now rests just above the 1,330-point plateau and it\'s tipped to extend its gains again on Monday. The global forecast for the Asian markets is positive, with...
JAKARTA - PT Megakreasi Cikarang Permai (MKCP), a subsidiary of PT Lippo Cikarang Tbk (LPCK), converted Mahkota Sentosa Utama I 2019 Long-Term Debt Securities (SUJP) into 3.07 billion shares in PT Mahkota Sentosa Utama (MSU). This transaction is affiliated due to the similarity of LPCKs indirect share owners in MSU. Steffi Grace Darmawan, Corporate Secretary...