A popular XRP critic has predicted that the asset could record an explosive surge to trade above $20 this cycle. However, the XRP community has questioned his sudden u-turn after recently predicting that the asset would crash to zero. A renowned analyst known as Davinci Jeremie has predicted that XRP is on course for a bullish...
Cuy Sheffield led Visa’s crypto initiative by partnering with firms to bring stablecoin payments into daily use.He believes crypto can empower unbanked communities through accessible and simplified blockchain tools. Cuy Sheffield never dreamed that he would one day become the face of crypto adoption at one of the world’s largest payments companies. But like many...
JAKARTA - PT Habco Trans Maritima Tbk (HATM) has established a joint venture with Seacon Crew Management Co. Ltd, a Hong Kong-based ship management company. The joint venture is named PT Habco Segara Crewing (HSC). HSCs paid-up and issued capital is IDR10 billion divided into 10,000 shares. HATM deposited capital of IDR5.1 billion representing 5,100...
JAKARTA – Soul Parking, a parking management service provider based in Indonesia, has concluded its Series A+ funding round led by AppWorks dan AC Ventures The amount of investment raised by Soul Parking is not publicly disclosed. However, according to the statement received by IDNFinancials, the funding round also noted participations of several renowned investors,...
JAKARTA -PT MNC Energy Investments Tbk (IATA) will issue 20.19 billion series B shares worth IDR 50 each. In this corporate action, each shareholder is entitled to 4 new shares. In the prospectus quoted today (7/1), this corporate action plan is said to have secured approval from Extraordinary General Meeting of Shareholders on December 18,...
JAKARTA - Yos Effendi Susanto, the ultimate beneficial owner of the shares ofPT Famon Awal Bros Sedaya Tbk (PRAY), has reportedly increased his portion by 3 million shares in last week’s (30/12) transaction. In the information disclosure quoted Tuesday (7/1), Leona Agustine Karnali, Director and Chief Executive Officer of PRAY, mentioned that the transaction is...
JAKARTA - After a year of listing on the capital market, the share performance of PT Citra Nusantara Gemilang Tbk (CGAS) fell 69.82% to IDR 102 per share from IDR 338 per share. Data compiled by IDN Financials, Tuesday (7/1), CGAS share price in the afternoon trading session touched IDR101 per share. The lowest price...
European stocks traded mixed on Thursday as traders returned to their desks after the New Year holidays. In economic releases, U.K. house prices grew 4.7 percent year-on-year in December, faster than the 3.7 percent increase in November and also stronger than economists forecast of 3.8 percent gain., data from the Nationwide Building Society showed earlier...
Indian shares may drift lower at open on Friday after U.S. stocks fell for a fifth day running overnight, underscoring a cautious start to the year. A surging dollar and elevated U.S. Treasury yields may also weigh on markets as signs of a resilient U.S. labor market provided support for the Federal Reserves measured approach...
Indian shares opened lower on Friday after rising sharply in the previous session amid the expiry of weekly F&O contracts. The benchmark S&P/BSE Sensex dropped 470 points, or 0.6 percent, to 79,473 in early trade, tracking a surging dollar and elevated U.S. Treasury yields after data showed U.S. weekly jobless claims unexpectedly dropped to an...