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...
Image by Jimmy Aki, DALL-E 3Steven Nerayoff, an early Ethereum advisor, leveled allegations at SEC Chair Gary Gensler on Tuesday, hinting at Gensler’s undisclosed deep ties with Ethereum and potential influence by the Chinese Communist Party (CCP). Steven Nerayoff Ethereum ETFs Stir the Pot Nerayoff alleged that the growing speculation surrounding an Ethereum ETF suggests...
The year 2022 marked a pivotal phase for Dgenct and the broader cryptocurrency landscape, as partnerships between traditional giants and crypto platforms underscored the march of the industry toward mainstream acceptance. In August, the collaboration of BlackRock with Coinbase to offer crypto services for institutional clients epitomized the deepening integration of traditional finance and digital...
Asian stocks declined on Monday while the euro rose against the dollar as French elections resulted in unprecedented political uncertainty. A leftist alliance emerged as the surprise winner of the legislative elections, leading to a fragmented parliament with three major groups - left, centre and far-right. Meanwhile, after last week\'s weak U.S. jobs data, investors...
JAKARTA -PT Sarana Menara Nusantara Tbk (TOWR) maintains projected revenue growth of 4-6% in 2024. In 2023, its revenue increased 6.38% year-on-year (yoy) to IDR 11.74 trillion from IDR 11.03 trillion in 2022. Aming Santoso, President Director of TOWR, mentioned that the projection of revenue growth has yet to include the result from the acquisition...
In a recent transaction, Katrina O\'Connell, the Chief Financial Officer of Gap Inc. (NYSE:GPS), sold shares amounting to $520,006. On the same day, she also made a purchase of stock valued at $470,800. These transactions occurred on March 20, 2024, and were reported in a Form 4 filing with the Securities and Exchange Commission. O\'Connell...
The Taiwan stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had gained almost 100 points or 0.4 percent. The Taiwan Stock Exchanged now rests beneath the 22,270-point plateau and its expected to open in the green again...
U.K. stocks traded lower on Wednesday amid concerns about slowing U.S. and Chinese growth. Meanwhile, the U.K. service sector activity expanded at the fastest pace in four months as the post-election upturn in business activity and new work was sustained in August along with easing inflationary pressures, final survey data from S&P Global showed. The...
French stocks traded higher on Monday as a survey showed France\'s manufacturing PMI improved to 46.40 in May from 45.30 in April. Investors also braced for a key interest-rate decision from the European Central Bank this week. The benchmark CAC 40 was up 38 points, or half a percent at 8,030 after closing up 0.2...
The Canadian dollar weakened against the U.S. dollar in the New York session on Friday. The loonie was trading at 1.3590 against the greenback, down from an early sessions high of 1.3565. The currency is seen finding support around the 1.38 level.