BBRM to acquire SPB barge of 12,000 DWT

JAKARTA -PT Pelayaran Nasional Bina Buana Raya Tbk (BBRM)has acquired one unit of Self Propelled Barge (SPB) with a capacity of 12,000 Dead Weight Ton (DWT) from PT Marcopolo Shipyard (MS) for USD 6.5 million through an affiliate transaction. In the information disclosure quoted Friday (11/10), Susanti Novita, Corporate Secretary of BBRM, mentioned that the...

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Bitcoin Suisse Issues Tokenized Bond on Obligate

Obligate, an on-chain capital markets platform built on the Polygon blockchain, said the Swiss crypto-financial services firm Bitcoin Suisse has issued its first tokenized bond issuance on its platform. Bitcoin Suisse has CHF 5 billion ($5.5 billion) in assets under custody. The firm said the funds raised from its tokenized bond issuance will be used...

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European Shares Gain Before ECB Decision

European stocks edged higher on Thursday ahead of the monetary policy announcement from the European Central Bank (ECB) later in the day. Markets expect the ECB to keep its key rates on hold after cutting the rates for the first time in five years in June. The main refinancing rate was lowered by 25 basis...

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Australia Trade Data On Tap For Thursday

Australia will on Thursday release May figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity. In April, imports were down 7.2 percent on month and exports slipped 2.5 percent for a trade surplus of A$6.548 billion. Hong Kong will see June results for the private sector Purchasing Managers Index...

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U.S. Weekly Jobless Claims Unexpectedly Fall To 227,000

After reporting an unexpected pullback by first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing initial jobless claims saw further downside in the week ended October 19th. The report said initial jobless claims fell to 227,000, a decrease of 15,000 from the previous weeks revised...

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U.S. Dollar Falls Against Euro, Pound

The U.S. dollar weakened against the euro and the pound in the Asian session on Wednesday. The U.S. dollar fell to nearly a 1-week low of 1.0715 against the euro, from yesterday\'s closing value of 1.0699. Against the pound, the greenback slid to a 5-day low of 1.2465 from Tuesday\'s closing value of 1.2448. If...

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