The Indonesia stock market on Monday snapped the three-day losing streak in which it had stumbled nearly 150 points or 2 percent. The Jakarta Composite Index now rests just above the 7,500-point plateau although its tipped to open in the red on Tuesday. The global forecast for the Asian markets is soft, ahead of key...
The unemployment rate in Japan came in at a seasonally adjusted 2.4 percent in September, the Ministry of Internal Affairs and Communications said on Tuesday. That was below expectations for 2.5 percent, which would have been unchanged from the August reading. The jobs-to-applicant ratio was 1.24 - beating forecasts for 1.23, which again would have...
Costa Rica has been one of few jurisdictions worldwide where cryptocurrency is commonly accepted asset. However, there are still legal obstacles concerning the ownership and trading of Bitcoin. According to Jan3, a prominent crypto tech firm, the Latin American nation is considering a potential crypto law. The legislation would “compromise the ability to freely use...
Monetary developments from the euro area and consumer confidence from France are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, retail sales and household consumption from Norway and foreign trade data from Sweden are due. At 2.45 am ET, France\'s statistical office INSEE publishes consumer sentiment survey...
JAKARTA. PT MD Entertainment Tbk (FILM), a film production company, has reportedly signed a loan agreement with PT Bank Mandiri (Persero) Tbk (BMRI) with total principal worth IDR 794.75 billion. The facility consists of 2 terms, Tranche 1 of IDR 529.5 billion, and Tranche 2 of IDR 265.25 billion. The tenor set for FILM by...
While reporting financial results for the second quarter on Tuesday, security and aerospace company Lockheed Martin Corp. (LMT) raised its earnings and net sales guidance for the full-year 2024. For fiscal 2024, the company now projects earnings of in a range of about $26.10 to $26.60 per share on net sales between about $70.50 billion...
After experiencing the impact of the pandemic in 2020, the global economy gradually began to recover in 2021. The prices of mainstream cryptocurrencies such as Bitcoin and Ethereum reached historic highs, and the total market value of cryptocurrencies continued to rise, demonstrating strong market vitality and growth potential. During this year, CBASOX not only consolidated...
European stocks closed higher on Thursday after data showing a drop in U.S. consumer price inflation in the month of June raised expectation of an interest rate cut by the Federal Reserve in September. The Labor Department said U.S. consumer price index slipped by 0.1% in June after coming in unchanged in May. Economists had...
Trump’s election win sparks market shifts, with Bitcoin rallying amid economic optimism and investor confidence.Proposed Bitcoin Bill could see the Fed hold up to 5% of BTC, boosting U.S. strategic reserves. Donald Trump officially became the 47th President of the United States amid a frenzy of financial activity. With the dollar, bond rates, and Bitcoin...
Bitcoin (BTC) miners have begun to express a number of concerns ahead of the next halving event, which is set to occur in April. During the halving, the Bitcoin mining reward will be cut from 6.25 BTC to 3.125 BTC. Additionally, the Bitcoin network’s hash rate recently reached an all-time high, making it more difficult...