Billionaire Elon Musk has changed his name on his social media platform X, formerly Twitter, to Kekius Maximus. His profile picture has also been replaced with the popular meme Pepe the Frog, dressed up as a warrior holding a video game joystick. In a post on X, Musk said, Kekius Maximus will soon reach level...
The U.S. dollar advanced against its major counterparts in the New York session on Tuesday amid indications of a hawkish Federal Reserve heading into 2025. President-elect Donald Trumps policies could stoke inflation and alter the Feds monetary policy stance. Hawkish stance from the Fed and higher tariffs are expected to increase demand for the dollar....
The Canadian market looks on course to end the final session of 2024 on a positive note with stocks from communications, energy and materials sectors posting solid gains. Energy and materials stocks have moved higher on firm crude oil and bullion prices. The benchmark S&P/TSX Composite Index was up 117.90 points or nearly 0.5% at...
JAKARTA – The maturity of three bonds from three distinct issuers marks the January bond call news. Two of them are finance sector bonds. The Obligasi Berkelanjutan II PP Properti Tahap IV Tahun 2022 Seri B, which is owned by PT PP Properti Tbk (PPRO), will be the first bond to mature on January 14....
JAKARTA -PT Maharaksa Biru Energi Tbk (OASA) posted net foreign buy of 67.02 million shares at the closing today (3/1), putting this company at the top of net foreign leaderboard in the market. Based on IDNFinancials data, OASA booked foreign buy and sell 68.48 million and 1.45 million shares today. The realisation of net buy...
JAKARTA – Jakarta Stock Price Composite Index (JCI) saw gains at the morning session of the first trading day in 2025. JCI’s uptrend is in line with positive shifts by several big market capitalisation companies in the energy and banking sectors. Monitoring the board this morning (2/1), JCI climbed to 7,110 from 7,092.43 seen at...
JAKARTA – PT Raharja Energi Cepu Tbk (RATU), the soon-to-be oil and gas mining issuer directly under PT Rukun Raharja Tbk (RAJA), has set the initial public offering (IPO) price to the upper range, of IDR 1,150 per share. It is known that RATU will offer 543.01 million shares, equal to 20% of total issued...
JAKARTA - PT Krakatau Steel (Persero) Tbk (KRAS) is open to the opportunity to debut its subsidiary in Indonesia Stock Exchange (IDX). President Director of Krakatau Steel, Muhammad Akbar, in a virtual press conference, last Tuesday (31/12), confirmed that the company is currently reviewing the potential of its subsidiary conducting an IPO to generate added...
The Canadian market ended on a firm note on Tuesday, the final session of 2024, as energy and materials stocks moved higher on firm commodity prices. Shares from real estate and communications sectors were the other notable gainers in the session. Amid a lack of economic data and corporate news, trading volumes were thin and...
South Korea will on Monday release November numbers for industrial production and retail sales, highlighting a light day for Asia-Pacific economic activity. Industrial output is expected to slip 0.4 percent on month and rise 0.4 percent on year following the flat monthly reading and the 6.3 percent jump in October. Retail sales were down 0.4...