JAKARTA -PT Ancora Indonesia Resources Tbk (OKAS)obtains a loan facility with a maximum limit of IDR 150 billion from PT Bank Pan Indonesia Tbk (PNBN). The total credit facility is charged with an interest rate of 10% per annum (floating). Ahmad Zakky Habibie, Corporate Secretary of OKAS, mentioned that credit facility will be utilised for...
Canadian shares are down in negative territory on Thursday, weighed down by concerns about tensions in the Middle East, and data showing another contraction in Canadian services sector activity. Gains in energy stocks thanks to higher oil prices, help limit the markets downside. Shares from real estate, materials, consumer discretionary and utilities sectors are notably...
The Japanese yen weakened against other major currencies in the European session on Wednesday. The yen fell to a 5-day low of 161.73 against the euro, from an early high of 160.90. Against the pound, the U.S. dollar and the Swiss franc, the yen slipped to 189.26, 148.05 and 168.50 from early highs of 188.42,...
Bitcoin (BTC) has breached the $89k resistance level in a daily surge of 10% as it approaches the $90k zone. An analyst predicts massively for Bitcoin as he claims the distance from $75k to $100k is just an air gap. The much anticipated post-election bull run may have been triggered by the sentiments surrounding Donald Trump’s re-election...
The British pound strengthened against other major currencies in the European session on Tuesday, after data showed that U.K. unemployment rate dropped in the three months to July and the wage growth softened to a two-year low, signaling that the labor market conditions continued to cool. Data from the Office for National Statistics showed that...
Bumi Serpong Damai Tbk (BSDE) reportedly will claim the controlling shareholder position in PT Suryamas Dutamakmur Tbk (SMDM), another real estate management and developer. Ratna Juwanita Haliman, Director of SMDM, mentioned that BSDE had previously negotiated with Top Global Limited (TGL), which resulted in the decision of BSDE acquiring the entire shares of SMDM owned...
Shares of HSBC Holdings Plc were gaining more than 4 percent on the London Stock Exchange as well as in pre-market activity on the NYSE after the British lending major on Wednesday reported higher pre-tax profit, despite weak revenues. The company also lifted fiscal 2024 banking net interest income outlook, and also said it intends...
Arthur Hayes, co-founder and former CEO of BitMEX crypto exchange, shared his optimistic outlook on the future of Bitcoin’s price on May 3. He predicted a stabilization around $60,000, followed by fluctuations within the $60,000 to $70,000 range until August 2024. Arthur Hayes Bitcoin Price Forecast Propelled By Increased Dollar Liquidity Arthur Hayes explained in...
High trading volumes in the bull market have also helped bolster the platform and its financial performance. The exchange last week posted a 639.2% increase in operating profits compared to Quarter 2 of FY2023 Q2. Bithumb’s sales also increased 193.6% to the $180 million mark.
Since its inception, TwyAe Exchange has quickly emerged in the cryptocurrency industry with a clear mission and innovative strategies. In January 2021, TwyAe Exchange officially established its global headquarters in the United States, marking the beginning of its journey into the international crypto market. The founding team comprises seasoned professionals with extensive backgrounds in finance...