Cryptonews Podcast Matt Zahab recently sat down for an exclusive interview with Unique Divine, the co-founder and CEO of Nibiru, the user-centric layer-1 Super Chain. Divine discussed the Nibiru EVM, which is coming in Q3, and its relevance. He talked about the challenges of raising funds for a new project, the lessons learned when creating...
JAKARTA - PT Green Power Battery (GPB), a subsidiary of PT Green Power Group Tbk (LABA), has secured a contract to procure electric vehicle battery packs worth a total of IDR 139 billion from PT Gotion Indonesia Materials (GIM). In an information disclosure quoted Monday (23/9), William Ong, President Director of LABA, said that GPB...
The British pound strengthened against other major currencies in the European session on Tuesday, as European stocks edged up slightly ahead of key U.S. inflation figures and earnings from AI darling Nvidia due later in the week. Declining possibility that the Bank of England (BoE) will lower interest rates in September, also led to the...
Mandala Multifinance Tbk (MFIN), a consumer financing company, plans to distribute bonus shares worth IDR 117.5 billion. Mahrus, Corporate Secretary of MFIN, said that the corporate action is intended as a means to adjust its paid-up capital to at least IDR 250 billion. This adjustment follows the Financial Services Authority Regulation (POJK) Article 72 regarding...
The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits increased by much more than expected in the week ended October 5th. The report said initial jobless claims climbed to 258,000, an increase of 33,000 from the previous weeks unrevised level of 225,000. Economists had expected jobless claims to edge...
Pending home sales in the U.S. surged by much more than expected in the month of March, according to a report released by the National Association of Realtors on Thursday. NAR said its pending home sales index spiked by 3.4 percent to 78.2 in March after jumping by 1.6 percent to 75.6 in February. Economists...
The Indonesia stock market has finished lower in four straight sessions, dropping almost 160 points or 2.1 percent along the way. The Jakarta Composite Index now rests just beneath the 7,635-point plateau although its due for support on Tuesday. The global forecast for the Asian markets is positive following a sharp drop in the price...
Hours after introducing Ethena (ENA) on Binance Launchpool, a fake ENA token has been exploited for 480 BNB worth $290,000. According to a report by on-chain security firm PeckShield on Friday, the exploited token is the fake version of ENA. “The token shares the same name as the legitimate ones,” the updated post on X...
Batavia Prosperindo Internasional Tbk (BPII), an investment and financial services holding company, has allocated extra capital of SGD 1.68 million or equal to IDR 20 billion. Said additional capital is given to Batavia Prosperindo Pte. Ltd. (BPD), which, for the record, is BPII’s subsidiary listed in Singapore. The management of BPII also said that this...
JAKARTA -PT Alam Sutera Tbk (ASRI)is optimistic that is will be able to secure marketing sales of IDR 2.8 trillion until the end of this year following realised marketing sales of IDR 1.2 trillion in the first half (H1) of 2024. Lilia Setiprawarti Sukotjo, Director of ASRI, said that the marketing sales target will be...