Overall bank lending in Japan was up 3.0 percent on year in February, the Bank of Japan said on Friday - coming in at 616.945 trillion yen. That was shy of expectations for an increase of 3.2 percent and down from 3.1 percent in January. Excluding trusts, lending climbed an annual 3.4 percent to 539.658...
JAKARTA. PT Jaya Konstruksi Manggala Pratama Tbk (JKON) has provided a capital injection of IDR 7.51 billion for PT Wika Tirta Jaya Jatiluhur (WTJJ). CF Jopi Sulistio, Corporate Secretary of JKON, said that the capital injection was given by the company on September 2, 2024. The transaction has no material impact on operational activities, said...
JAKARTA – The performance of PT Indo Tambangraya Megah Tbk (ITMG)was being constrained in the first half (H1) of 2024 compared to H1 2023. Its revenue and net profit both slipped 19.24% and 56% year-on-year (yoy). Based on Financial Report of H1 2024 quoted today (23/8), the revenue was recorded at USD 1.04 billion, down...
European stocks closed lower on Wednesday on weak global cues amid concerns about the outlook for growth after data showed continued contraction in U.S. factory activity, and cooling labor market. A downward revision in Eurozone composite PMI weighed as well. Investors fretted about weakening Chinese growth as well. Economic activity in the U.S. manufacturing sector...
The British pound strengthened against other major currencies in the European session on Thursday, after the Bank of England decided to maintain its benchmark rate, after a quarter-point cut last month and also extended its bond reduction plan for another one year. The Monetary Policy Committee headed by Andrew Bailey voted by a majority of...
By Scott Murdoch and Renju Jose SYDNEY (Reuters) -ANZ Group\'s A$4.9 billion ($3.2 billion) buyout of Suncorp\'s banking business was cleared by the Australian Competition Tribunal on Tuesday, meaning the bank can press on with the takeover of its significant rival. The ruling came in response to an appeal by ANZ and Suncorp of a...
Eurozone broad money supply and private sector credit expanded in May but growth remained subdued, data from the European Central Bank showed on Thursday. The broad monetary aggregate M3 posted an annual increase of 1.6 percent after rising 1.3 percent in April. This was the fastest growth since March 2023 and also slightly exceeded expected...
On June 2, Monochrome Asset Management, based in Australia, revealed that its Bitcoin exchange-traded fund (ETF), IBTC, would go live soon. This launch will make IBTC the first spot Bitcoin ETF to be traded in Australia. First Australia’s Spot Bitcoin ETF Holdings Will Be Stored Offline Monochrome disclosed that its Bitcoin ETF (IBTC) will begin...
JAKARTA - The Composite Stock Price Index (IHSG) was at 7,829.14 at the closing bell on Wednesday (18/9). The Indexs rate has been moving down since the opening bell at 09.00 WIB. Monitored until the close of stock transactions, the movement of IHSG at the opening of stock transactions had reached 7,873.39. However, approaching the...
The value of overall bank lending in Japan was up 2.7 percent on year in September, the Bank of Japan said on Thursday - coming in at 624.24 trillion yen. That was shy of expectations for an increase of 2.9 percent and down from 3.0 percent in August. Excluding trusts, lending was up an annual...