In a recent prediction revealed on April 17, crypto analyst “Plan B” forecasted that the Bitcoin price would surpass $300,000 by 2025, with expectations of reaching $100,000 by December 2024. Bitcoin Moonshot Prediction is Fueled by the Upcoming Bitcoin Halving Plan B shared their forecast on X, emphasizing the positive influence of Halvings on BTC’s...
JAKARTA -PT Bangun Karya Perkasa Jaya Tbk (KRYA) has secured new contracts worth IDR 24.65 billion in order to fund the construction of warehouse and office of PT Elson Bernardi. In the first half (H1) of 2024, the issuer recorded revenue of IDR 115.93 billion, up from IDR 50.53 billion seen in the same period...
Denim retailer Buckle, Inc. (BKE) reported Friday fourth-quarter net income of $79.58 million or $1.59 per share, down from $87.84 million or $1.76 per share in the prior-year quarter. On average, analysts polled by Thomson Reuters expected the company to report earnings of $1.44 per share for the quarter. Analysts\' estimates typically exclude special items....
U.K. stocks were subdued on Tuesday as investors refrained from placing big bets ahead of the parliamentary elections on Thursday, with PM Rishi Sunak\'s Conservatives expected to face a challenge. Investors were also reacting to industry data that showed U.K. shop prices fell between May and June and were little changed from last year. The...
Australia will on Friday release August figures for new home loans, highlighting a light day for Asia-Pacific economic activity. In July, overall home loans were up 2.9 percent on month, while investment lending climbed 5.4 percent. Singapore will see August numbers for retail sales; in July, sales were up 3.1 percent on month and 1.0...
Asian stocks ended mixed on Monday, with mainland Chinese and Hong Kong markets closing sharply higher on stimulus euphoria while Japanese markets succumbed to selling pressure after Japans governing party chose Shigeru Ishiba, a critic of the countrys longstanding ultralow interest rates, as its leader. Chinas factory activity shrank for a fifth straight month in...
By Scott Murdoch and Clare Jim SYDNEY/HONG KONG (Reuters) - Global restructuring specialists Alvarez & Marsal and Houlihan Lokey (NYSE:HLI) have boosted headcount in Hong Kong as China\'s property crisis results in a surge in debt restructuring deals - making them a rare bright spot in hiring for the city\'s financial sector. China\'s property industry,...
The Indonesia stock market has finished lower in three straight sessions, stumbling more than 100 points or 1.4 percent along the way. The Jakarta Composite Index now sits just beneath the 7,225-point plateau and it\'s looking at another soft start again on Thursday. The global forecast for the Asian markets suggests consolidation, especially among the...
Spot Bitcoin (BTC) exchange-traded fund (ETF) flows are anticipated to remain robust leading up to the Bitcoin halving, according to Santiment, an on-chain analytics firm. In a recent post on X, the company noted that Bitcoin ETF volume has not slowed down since the asset’s mid-March all-time high. Santiment said that trader activity continues to be higher than...
Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam has reiterated his call for Congress to pass legislation clarifying crypto regulation. The call for congressional action was presented during Wednesday’s hearing before the House Agriculture Committee. Crypto Regulation is Lagging Behind Behnam emphasized the situation’s urgency, citing the rapid growth of the crypto market and its...