Russia is using Bitcoin for international payments under a new law motivated by Western sanctions.This move supports de-dollarization and boosts its energy and mining industries. According to Finance Minister Anton Siluanov, Russia has officially begun using Bitcoin for international payments. This development follows the implementation of a new law designed to facilitate cryptocurrency transactions amid...
Japan’s Prime Minister Shigeru Ishiba has expressed doubts about adding Bitcoin to the country’s foreign exchange reserves, following a proposal from Satoshi Hamada to establish a national Bitcoin reserve inspired by the United States.The government is concerned that incorporating Bitcoin could destabilize its financial system, leading to its previous rejection of Bitcoin-based ETFs due to...
Multiple analysts have predicted that Bitcoin could decline to $60k if it plunges below a crucial support level. Meanwhile, Santiment data suggests that whales are increasingly moving stablecoins to centralized exchanges. Bitcoin (BTC) has struggled to return to $100k after a massive level of liquidation forced a nosedive from an all-time-high price level of $108k to...
JAKARTA - On Friday, November 8, Siauw Yunus Subandi made the decision to invest in PT Graha Andrasentra Propertindo Tbk (JGLE), the company that runs the Jungle Series amusement park. This individual investor purchased over 1.16 billion shares of JGLE through PT RHB Sekuritas Indonesia and seven other securities firms, formally becoming a new shareholder...
Indal Aluminium Industry Tbk (INAI) has granted extra capital worth IDR 102 billion to one of its subsidiaries, PT Indalex. Ariawan Wiradinata, Corporate Secretary of INAI, said that this extra capital is given according to the decision made during General Meeting of Shareholders of Indalex in July 2024. Said meeting agreed that PT Indal Investindo,...
JAKARTA. PT Bank Central Asia Tbk (BBCA) announces interim dividend distribution of IDR 50 per share, or IDR 6.16 trillion in total. Linda Chandrawati, Group Head of BBCA, mentioned that the plan is arranged according to the decision of the board of directors made a couple of days ago. “It had been approved by the...
JAKARTA. PT TBS Energi Utama Tbk (TOBA), a company engaged in several business lines in energy industry, will hold a buyback of 816.78 million shares at most, or equal to 10% of total issued and paid-up capital of the company. The management of TOBA mentioned that the company will use up its internal cash for...
JAKARTA. PT PP (Persero) Tbk (PTPP) booked new contracts worth IDR 24.4 trillion until October 2024, equal to 76.25% of 2024 new contract target. According to IDNFinancias record, PTPP aims to secure new contracts worth IDR 32 trillion this year. Last August, when new contracts were still recorded at IDR 17.4 trillion, the management of...
The British pound weakened against other major currencies in the European session on Friday, after data showed a sharp slowdown in the third quarter growth. Data from the Office for National Statistics showed that the U.K. economy grew only marginally in the third quarter on weak services output. Gross domestic product grew 0.1 percent sequentially,...
The U.S. Consumer Product safety Commission or CPSC has announced recalls including woom Bikes USAs childrens bicycles, New Cosmos USAs combination Natural Gas and Carbon Monoxide Alarms, Outdoor Essentials Cultivar Planter Boxes, Stokkes YOYO3 Strollers, Hallmarks Cad Bane Christmas Tree Ornaments, as well as Petidouxs Childrens Pajamas. In most of the recalls, consumers are urged...