JAKARTA – A subsidiary ofPT Sarana Menara Nusantara Tbk (TOWR) obtains a credit facility worth JPY 14 billion from PT Bank Mizuho Indonesia. Assuming that the exchange rate is set to IDR 108.52 per JPY, total loan will reach IDR 1.5 trillion. In the information disclosure quoted Monday (12/8), Monalisa Irawan, Corporate Secretary of TOWR,...
Arthur Hayes, co-founder and former CEO of BitMEX crypto exchange, shared his optimistic outlook on the future of Bitcoin’s price on May 3. He predicted a stabilization around $60,000, followed by fluctuations within the $60,000 to $70,000 range until August 2024. Arthur Hayes Bitcoin Price Forecast Propelled By Increased Dollar Liquidity Arthur Hayes explained in...
Alan Santana highlights mixed signals on the Bitcoin monthly chart, showing potential market uncertainty.Low volume and altcoin divergence suggest Bitcoin’s rally lacks broad market support. Popular analyst Alan Santana offers insights on Bitcoin’s current state in a TradingView analysis, stressing the complexity of the signals observed in the monthly chart. Santana starts his analysis by...
Smartfren Telecom Tbk (FREN) booked another loss of IDR 473.8 billion in the first half of 2024, following its loss in H1 2023 of IDR 108.93 billion. In terms of top-line, FREN’s operating revenue actually saw a slight climb of 0.2% year-on-year (yoy) to IDR 5.57 trillion. In the same semester last year, the company’s...
The Philippine economy posted the fastest growth in more than a year in the second quarter underpinned by government spending and investment. Gross domestic product grew 6.3 percent year-on-year after expanding by revised 5.8 percent in the first quarter, the Philippine Statistics Authority said Thursday. This was the strongest growth since the first quarter of...
Bitcoin spot exchange-traded funds (ETFs) in the US saw a total net outflow of nearly $140 million as of June 20, according to data. News outlet Wu Blockchain initially reported that huge outflows have hit Bitcoin ETFs for the fifth consecutive day. “On June 20, Grayscale ETF GBTC had a single-day outflow of $53.1022 million,...
The Australian dollar weakened against other major currencies in the Asian session on Wednesday. The Australian dollar fell to nearly a 2-week low of 0.6512 against the U.S. dollar and an 8-day low of 98.09 against the yen, from yesterday\'s closing quotes of 0.6543 and 98.47, respectively. Against the euro, the aussie slipped to 1.6627...
European stocks are seen opening a tad higher on Monday as investors weigh hopes of U.S. policy easing against French political uncertainty. A leftist coalition in France has emerged as the surprising victor after the second and decisive round of voting in legislative elections, delivering a blow to the far-right that was set to win...
Indian shares were flat to slightly higher on Monday, tracking mixed cues from global markets. The benchmark S&P/BSE Sensex was up 48 points at 80,485 in early trade while the broader NSE Nifty index was up 33 points at 24,574. Zomato rallied 3.4 percent after UBS raised its target price on the stock. BPCL added...
Tonix Pharmaceuticals Holding Corp. (TNXP) announced Monday it has been awarded an Other Transaction Agreement (OTA) with a potential for up to $34 million over five years by the Defense Threat Reduction Agency (DTRA), an agency within the U.S. Department of Defense (DoD). The objective of the contract is to develop small molecule broad-spectrum antiviral...