European stocks are likely to open on a positive note Friday amid signs that price pressures may be easing in the United States. Trading later in the day may be impacted by reaction to the University of Michigan\'s preliminary report on U.S. consumer sentiment for June, which includes readings on inflation expectations. The European economic...
Alliance Resource Partners (ARLP), a prominent coal mining company listed on the NASDAQ, has mined $30 million worth of Bitcoin by utilizing excess power at its facilities. During an earnings call on Monday, Cary Marshall, the chief financial officer of ARLP, revealed that the company embarked on a pilot project in the latter half of 2020...
-- China’s domestic share markets rose on Monday as trade resumed after the Lunar New Year holiday, amid signals that consumer spending had picked up and in some cases surpassed pre-COVID levels during the week-long break. The blue-chip Shanghai Shenzhen CSI 300 index rose 0.5% to a 1-½ month high, while the Shanghai Composite index...
JAKARTA – Financial Services Authority (OJK) revokes the license of Sharia Unit of PT Asuransi Allianz Life Indonesia (AALI) following the spin-off. The sharia unit will then be transferred to PT Asuransi Allianz Life Syariah Indonesia (AALSI). In the information disclosure quoted Thursday (26/9), Asep Iskandar, Chief of Department of License, Special Inspection, and Quality...
JAKARTA. PT Dian Swastatika Sentosa Tbk (DSSA), a mining company under Sinarmas Group, has reportedly acquired PT Teknovatus Solusi Sejahtera (TSS) for IDR 26.5 billion. Said acquisition is carried out through DSSA’s subsidiaries, PT SMPlus Sentra Data (SSD) and PT SMPlus Digital Investama (SDI). After the acquisition, SSD will control 99% of TSS, and the...
European stocks traded slightly higher on Thursday as a survey showed Eurozone manufacturing PMI fell from 45.8 to an 8-month low of 45.6 in August, reinforcing investor bets on a September ECB rate cut. Overall business activity showed surprising strength in August as a strong rebound in the blocs dominant services industry offset a deeper...
The Downfall of the Venezuelan State-run Cryptoasset Maduro and his cabinet spearheaded a set of policies that saw the Latin American nation launch its own oil-backed cryptoasset, which it named the Petro (PTR). The government also created Sunacrip, a state-run agency that oversaw crypto policy, as well as a state crypto-powered remittance platform named Patria....
Source: MidjourneyGemini founders Cameron and Tyler Winklevoss have sent $4.9 million to crypto super political action committee (PAC), federal filings reveal. According to the Federal Election Commission filings, Fairshake, a crypto super PAC has raised millions of funds from key crypto players and venture capitalists including a16z, Coinbase, Ripple Labs, among others. In January, the...
Bitcoin (BTC/USD) demonstrates robust performance, with a notable price surge to $66,270, an uplift of approximately 2.50%. This positive momentum places Bitcoin’s trading dynamics in the spotlight, crucial for those monitoring Bitcoin price predictions. As it surpasses the pivotal $64,853 mark, the digital currency may be poised for further gains, with key resistance levels emerging...
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