Source: Pixabay / TamimTaban Forbes has released its latest “30 Under 30” list in Finance, featuring a significant number of leaders from the cryptocurrency and blockchain industries, highlighting their growing influence in the financial sector. The list includes innovators like the co-founders of Injective Labs, the co-founder of Fractal, the co-founders of Toku, and leaders...
According to Bloomberg, Ethereum has recorded higher growth than Bitcoin this year, thanks to speculations regarding a possible spot Ethereum ETF. The Bloomberg report, the leading altcoin has recorded positive traction year-to-date (YTD) with speculations on the next wave of exchange-traded funds. The Ether token is outshining Bitcoin this year partly on speculation that the...
Adding to the sharp losses in the previous session, the Japanese stock market is now trading sharply lower on Friday, following the broadly negative cues from global markets overnight. The benchmark Nikkei 225 is falling more than 4 percent to well below the 36,600 level, with weakness across all sectors led by index heavyweights, technology...
Provident Investasi Bersama Tbk (PALM), an investment holding company, plans to issue Shelf-Registration Bond II Phase III Year 2024 with total principal of IDR 1.1 trillion. The bond is a part of a more extensive public offering program of Shelf-Registration Bond II of PALM with total target proceeds of IDR 5 trillion. Prior to this,...
FAP Agri Tbk (FAPA), a palm oil manufacturer operating since 1994, reports dividend income coming from two of its subsidiaries, PT Agung Karya Abadi (AKA) and PT Tirta Madu Sawit Jaya (TMSJ). Henryzal M. Panjaitan, Corporate Secretary of FAPA, said that the total dividend secured from these two subsidiaries clocks up to IDR 116.85 billion....
The Bank of Japan left its key interest rate unchanged near zero and the bank\'s latest projections showed the underlying inflation staying around 2 percent that further damped expectations for aggressive tightening in future. The BoJ policy board, headed by Governor Kazuo Ueda, unanimously decided to hold the overnight interest rate at around 0 to...
Widodo Makmur Unggas Tbk (WMUU), an integrated farm company, has received a Suspension of Debt Payment Obligation (lit. Penundaan Kewajiban Pembayaran Utang/PKPU) claim issued through Central Jakarta Commercial Court. The lawsuit had been received and ruled during Central Jakarta Commercial Court session on July 11, 2024. “PKPU lawsuit directed to WMUU had been received by...
On April 17, blockchain investigator Lookonchain revealed a large transfer of USDT to Binance by Tron Founder Justin Sun. This move follows a pattern of USDT deposits to Binance and ongoing Ether acquisitions by Sun. Justin Sun Continues Whale Deposits of Tether’s USDT Lookonchain’s post on X detailed the transfer of $196 million worth of...
After a weak start and a subsequent fall to lower levels, the Indian market bounced back into positive territory Monday morning with select blue chip stocks recovering smartly and posting strong gains. The early setback was due largely to the initial reaction to Hindenburg Researchs allegations that the Indian market regulator SEBIs chairperson had stake...
Michael Saylor’s MicroStrategy has revealed that it would raise $42 billion from equity and fixed-income security to purchase Bitcoin in the next three years. As of the end of the third quarter of 2024 (Q3 2024), MicroStrategy held 252,220 Bitcoins ($6.851 billion) at a market price of $63,463 per coin. Bitcoin (BTC) Treasury Company MicroStrategy has...