JAKARTA - Indonesias trade balance during January-September 2024 fell 20.71% compared to the same period in 2023. The decline in the trade balance was due to an increase in the deficit in the oil and gas sector and a decline in the non-oil and gas sector. Data from the Central Statistics Agency (BPS) quoted Thursday...
European stocks are seen opening broadly higher on Wednesday amid inflation and rate cut optimism. After a measure of U.S. producer price inflation rose less than expected in July, investors now looked forward to the release of U.S. CPI data later in the day for further confirmation that the underlying inflation pulse in the worlds...
The Singapore stock market ended the two-day winning streak in which it had picked up more than 20 points or 0.6 percent. The Straits Times Index now sits just above the 3,575-point plateau although it figures to bounce higher again on Wednesday. The global forecast for the Asian markets suggests mild upside, fueled by support...
JAKARTA – Prof. Dr. Komarudin Hidayat, Commissioner of PT Bank Syariah Indonesia Tbk (BRIS), believes that sharia banking industry in Indonesia still has potential to rapidly grow if accompanied with professionalism in its development. Sharia banks [in Indonesia] can have greater potential, but they must be professional, accessible, secure, fast, and has competitive price, said...
The Japanese stock market is trading modestly higher on Monday, reversing the losses in the previous session. The benchmark S&P/ASX 200 is moving above the 38,700 level, following the broadly positive cues from Wall Street cues on Friday, with gains in index heavyweights and technology stocks. The benchmark Nikkei 225 Index is up 74.30 or...
CrowdStrike Holdings, Inc., the cybersecurity firm behind the \'largest IT outage in history\' is continuing with its downward stock movement, even after the firm informed that a significant number of the impacted Microsoft Windows devices are back online and operational. The faulty software update had knocked out around 8.5 million computers globally and resulted in...
By Waylon Cunningham SAN ANTONIO, Texas (Reuters) - When McDonald’s (NYSE:MCD) first opened for business in the 1940s, its workers stood at physical counters, its burgers and fries were listed on paper menus, and its customers paid cash to its human cashiers. How quaint. Today technology so infuses every aspect of McDonald\'s business that it...
Since the Bitcoin halving event, a noticeable trend has emerged within the mining community: smaller miners are selling their Bitcoin holdings, while larger, publicly traded mining companies are accumulating more Bitcoin, according to Julio Moreno head of research at CryptoQuant. Since the #Bitcoin halving smaller miners are the ones selling; Bigger miners have accumulated. This...
Litecoin is gaining traction as an asset for value preservation in the long term.Litecoin ETF hype is helping to fuel the coin’s bullish price outlook. Litecoin (LTC) recently outpaced Ethereum (ETH) regarding the longest average holding period. This highlights Litecoin’s sustained appeal among long-term investors. However, Bitcoin (BTC) continues to lead in this metric. Long-Term...
The British pound strengthened against other major currencies in the European session on Tuesday, after the U.K. unemployment rate dropped unexpectedly in the second quarter. Data from the Office for National Statistics showed that the unemployment rate fell to 4.2 percent in the three months to June period, while the rate was expected to rise...