Charoen Pokphand Indonesia Tbk (CPIN), an agricultural product manufacturer listed under Indeks Tempo-IDNFinancials 52 (Indeks52), booked net profit of IDR 1.77 trillion in the first half of 2024. Said number is 28% year-on-year (yoy) higher than the record seen in the same period last year, in which the company reported net profit of IDR 1.38...
Bank Has Conducted ‘Successful Pilot with Nornikel’ Vedomosti quoted a Central Bank spokesperson as saying that platform providers are “interested in developing” ways to “interact” with the bank. The bank has full control over the sector and is the only body in Russia that can issue DFA issuance permits. Kristina Aleshina, Deputy Director of the...
The Indonesia stock market has moved higher in back-to-back sessions, advancing more than 45 points or 0.6 percent along the way. The Jakarta Composite Index now sits just beneath the 7,330-point plateau although it may run out of steam on Thursday. The global forecast for the Asian markets is one of caution ahead of key...
The Taiwan stock market has finished lower in four straight sessions, plunging more than 1,700 points or 7.6 percent along the way. The Taiwan Stock Exchange now sits just above the 22,250-point plateau although it\'s finally expected to open in the green on Tuesday. The global forecast for the Asian markets is positive, with bargain...
The manufacturing sector in Thailand continued to expand in August, albeit at a slower rate, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 52.0. Thats down from 52.8 in July, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. The PMI had positive...
JERSEY CITY, N.J. - Veris Residential, Inc. (NYSE: VRE), a multifamily real estate investment trust (REIT), has announced its financial results for the fourth quarter and full year of 2023. The company witnessed a 20% increase in Core Funds From Operations (FFO) per diluted share, reaching $0.53 compared to the previous year. This growth was...
-- Most Asian stocks fell on Wednesday with an underwhelming economic outlook from China providing little support, while overnight losses in Wall Street spilled over as markets grew skittish before more signals on U.S. rates. Regional markets were also hit with an extended bout of profit-taking, particularly in Japan and Australia, as an artificial intelligence-driven...
By Dawn Chmielewski (Reuters) -Private equity firm Apollo Global Management (NYSE:APO) has offered $11 billion for Paramount Global\'s Paramount Pictures film studio, a person with knowledge of the offer said on Wednesday, adding to takeover interest in the media conglomerate. The film studio is considered the jewel of the Paramount media conglomerate, with an expansive...
(Reuters) - Meta Platforms (NASDAQ:META)\'s Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. More than 5,000 users reported issues with accessing the photo-sharing platform in the United States at the peak of the outage, Downdetector\'s data showed. Downdetector tracks outages by collating status reports from several sources, including...
WestJet Airline Ltd. (WJA.TO) confirmed on Monday that the Aircraft Mechanics Fraternal Association (AMFA) have withdrawn their strike action and the members will immediately return to work as scheduled to restore the network. The airline and AMFA resumed talks earlier today, for the first time since Thursday, June 27, despite a stalemate on the intent...