JAKARTA. PT Oki Pulp & Paper Mills (OPPM), a pulp & paper manufacturer of Sinarmas Group, will issue Shelf-Registration Bond Phase IV Year 2024 of IDR 2.25 trillion and Shelf-Registration USD Bond I Phase VI Year 2024 of USD 7.95 million. The upcoming IDR bond by OPPM will be offered in 3 series, with coupons...
With higher mortgage rates weighing on sentiment, the National Association of Home Builders released a report on Wednesday showing an unexpected deterioration in U.S. homebuilder confidence in the month of May. The report said the NAHB/Wells Fargo Housing Market Index tumbled to 45 in May from 51 in April. Economists had expected the index to...
The escalating Israel-Hamas conflict is causing fluctuations in global financial markets, affecting stocks, cryptocurrencies, and commodities.Image by timyee on Adobe Stock Global markets took a hit today as tensions between Israel and Hamas escalated into full-blown warfare over the weekend. The conflict has caused ripples across asset classes, sending emerging stocks and cryptocurrencies on a...
V2X, Inc. (VVX), a leading provider of global mission solutions, announced Monday that Jeremy Wensinger has been appointed President, Chief Executive Officer and a member of the company\'s Board of Directors, effective as of June 17, 2024. Wensinger is succeeding Chuck Prow. The appointment is the result of a thorough Board-led succession planning process designed...
JAKARTA – Jakarta Stock Price Composite Index (JCI) soared throughout today’s (1/10) session although has yet to fully rebound to 7,500-ish. Monitoring the board until the closing bell, JCI arrived at 7,626.64 at 4 PM WIB today (1/10), much higher than its opening position at 7,559.27 at 9 AM WIB. JCI’s bullish trend throughout the...
As Bitcoin trades at $61,577, down by approximately 2.50% with a $42 billion trading volume over the last 24 hours, market watchers are paying close attention. With a market cap of about $1.21 trillion, Bitcoin continues to lead on CoinMarketCap. This cryptocurrency, with 19,685,362 BTC in circulation nearing its max of 21 million, is poised...
(Reuters) - Copper miner First Quantum Minerals (OTC:FQVLF) reported a net loss for the fourth quarter on Tuesday, as production was hit by the closure of its Cobre Panama mine and it took a charge related to its nickel mining operations. The Cobre Panama project, one of the world\'s largest open-pit copper mines, was forced...
The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of the seven-day winning streak in which it had surged more than 140 points or 3.9 percent. The Straits Times Index now sits just beneath the 3,640-point plateau and its tipped to open in the...
A South Korean altcoin issuer has been arrested on fraud charges. Prosecutors in the country have accused him of duping investors out of $16.1 million. Per Newsis, the Seoul Southern District Prosecutors’ Office’s Virtual Asset Crime Joint Investigation Team arrested the unnamed individual on March 19. South Korean Altcoin Issuer ‘Conspired with Market Maker’ The...
Web3 games are having an excellent week, with Nyan Heroes, Shrapnel, and The Sandbox in the spotlight. Quite a few new developments hit the market over the past three days, including partnerships to bring TV competitions into the metaverse with special perks for players, debuting the rank mode of popular hero shooters, and simplifying in-game...