JAKARTA. PT Daaz Bara Lestari Tbk (DAAZ), a commodity trading company that has now expanded its reach to mining logistics and services, will issue 300 million shares in its initial public offering (IPO). The number of shares issued by DAAZ is equal to 15.02% of its total issued and paid-up capital. Each share is offered...
A newly formed association of Paraguayan Bitcoin (BTC) and altcoin miners says new energy tariffs could kill off the industry. Per Criptonoticias, the body was speaking after the nation’s National Electricity Administration increased the cost of electricity for miners by between 13% and 16%. Paraguayan Bitcoin Miners Say Price Hikes Are Too High The Paraguayan...
Grayscale’s spot Bitcoin exchange-traded fund (ETF) (GBTC) has seen a slow trading day experiencing net outflows of almost $600 million on Thursday, making this the second largest outflow day since 11th Jan 2024, according to data posted by Farside investors. The total GBTC outflows since 11 January now stand at $8,406.3 million. Reported GBTC outflow...
The UK housing market conditions strengthened in August as the recent decrease in mortgage interest rates spurred demand and sales activity, the latest survey from the Royal Institution of Chartered Surveyors showed on Thursday. The number of people looking to buy homes increased in August, with the balance rising to 15 from 4 in July....
(Reuters) -Arkhouse Management, a real-estate-focused investing firm said on Sunday it and Brigade Capital Management have raised their offer for Macy\'s after the department store chain rebuffed their prior proposal as too low. The firms are now offering to acquire Macy\'s stock they don\'t already own for $24 per share, about 14% more than its...
JAKARTA – Bersama Digital Data Centre (BDDC) held the Grand Opening of BDDC JST 1, its latest data centre in Jatinegara, East Jakarta, today (9/10). After the topping-off process in November 2023 and inaugurated in July 2024, BDDC JST 1 is ready to operate in October 2024. This data centre is equipped with 8 floors...
with markets preparing for a busy week of major earnings and central bank policy announcements. Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT) are among many of the tech giants due to report results this week, while the Federal Reserve will unveil its latest policy decision and deliver closely-watched commentary that could help determine the path...
South Korean police officers have arrested 28 people they suspected of orchestrating a crypto investment fraud ring. Per Jose Geumyoong Shinmun and the broadcaster KBC, a raid was conducted by the Gwangju Metropolitan Police Agency’s Cyber Crime Investigation Unit. South Korean Police Arrest ‘Bogus Exchange Ringleaders’ Police spokespeople confirmed they had detained six of the...
Indian shares are seen opening on a flat note Tuesday after some officials said interest rates were likely to remain unchanged in the near term. Geopolitical tensions may also weigh on markets as Israel commenced its planned military offensive in Rafah hours after it rejected Hamas\'s proposal for a ceasefire in Gaza. Benchmark indexes Sensex...
Silvergate. Source: Adobe Crypto-friendly US-based bank Silvergate Bank has begun the voluntary process of liquidation, according to a statement issued by the California Department of Financial Protection and Innovation (DFPI). The announcement of Silvergate Bank’s liquidation comes just a day after reports surfaced suggesting that the bank was discussing ways to avoid a shutdown with...