The Reserve Bank of India maintained its interest rate for the tenth straight meeting on Wednesday, and shifted its monetary policy stance to neutral, paving the way for the first interest rate cut in four years as inflation is expected to moderate. The RBI Monetary Policy Committee, led by Governor Shaktikanta Das, voted 5-1 to...
itemscope itemtype=\"https://schema.org/ImageObject\" data-ratio=\"16:9\" style=\"background-image:url(\'https://photos.idnfinancials.com/d/1600x900/GRAPHIC/stock-market-chart_GJgzy_Dd.jpg&nc\');\"> SUNI - PT Sunindo Pratama Tbk Rp 496 +2 (+0%) More Info! JAKARTA – PT Sunindo Pratama Tbk (SUNI) won the tender of low-grade casing supply of PT Pertamina EP worth USD 1.60 million yesterday (3/7). This secured tender drives the management’s optimism towards this year’s revenue growth target. In the...
A new project in Finland is turning energy from Bitcoin mining into energy to heat homes. Hashlabs Mining, a Bitcoin mining infrastructure firm, has pioneered a ground-breaking project that allows heat to be generated using specially designed Bitcoin mining devices. The project exploits hydro-cooled WhatsMiner M63S, an ASIC mining device, which produces hot water at...
Reflecting a sharp drop by prices for fuel imports, the Labor Department released a report on Wednesday showing a continued decrease by prices for U.S. imports in the month of September. The Labor Department said import prices fell by 0.4 percent in September after slipping by a revised 0.2 percent in August. The decline matched...
JAKARTA - Star Energy Geothermal (SEG), a subsidiary ofPT Barito Renewables Energy Tbk (BREN), will channel investment worth USD 346 million in order to boost energy capacity in several geothermal plants. In the press release quoted Thursday (19/9), Hendra Tan, Chief Executive Officer (CEO) of BREN, said that the SEG capacity increase will be done...
Axogen, Inc. (NASDAQ:AXGN) has reported a series of transactions involving its VP of Operations, Michael Patrick Donovan, according to a recent SEC filing. Donovan sold a total of $46,333 worth of common stock at a price of $7.68 per share. On March 21st, Donovan sold 716 shares, followed by another 721 shares, and then 4,596...
While reporting financial results for the third quarter on Wednesday, technology and software company Emerson Electric Co. (EMR) raised its adjusted earnings guidance for the full-year 2024. The company said the 2024 outlook assumes approximately $300 million returned to shareholders through share repurchases and approximately $1.2 billion of dividend payments. For fiscal 2024, the company...
The U.S. dollar extended decline against its major counterparts in the New York session on Friday. The greenback fell to 1-week lows of 1.1101 against the euro and 1.3157 against the pound, off its early highs of 1.1070 and 1.3114, respectively. The greenback dropped to a 2-day low of 0.8443 against the franc and near...
JAKARTA – Although PT GTS Internasional Tbk’s (GTSI) revenue increased in H1 2024, its net profit significantly dropped by up to 150.32% year-on-year (yoy). This massive downturn resulted from increased cost of revenue and financial expenses. According to Financial Report of H1 2024 of GTSI quoted today (24/7), GTSI’s revenue was recorded at USD 15.27...
Mt. Gox is approaching the final phase of its long-anticipated compensation process for creditors. According to an April 21 report shared on Reddit, the defunct exchange is projected to disburse 142,000 Bitcoin (BTC), 143,000 Bitcoin Cash (BCH), and 69 billion Japanese yen ($510 million) by October 2024. Some Mt. Gox Creditors Received Repayment Several Mt....