Resources Alam Indonesia Tbk (KKGI)booked net profit of USD 23.3 million in the first half (H1) of 2024, up 9.2% year-on-year (yoy) from the same period last year. Said growth aligns with the operating revenue of KKGI in H1 2024, which also increased 8.3% yoy from USD 176.7 million in H1 2023. Coal export was...
The crypto market capitalization is up 4% over the past 24 hours. At the time of writing, it stands at $2.544 trillion, according to CoinGecko. Most of the top 100 coins by market capitalization have appreciated in the past day. At the same time, all top ten coins are green, according to CoinGecko. Dogecoin (DOGE)...
In an unexpected move, Bitfarms announced the appointment of Fanny Philip as an independent board member amidst an ongoing conflict with Riot Platforms. Riot, which owns a 14.9% stake in Bitfarms, recently expressed intentions to replace three company board members with independent directors following a failed attempt to increase its stake. Bitfarms Appoints Fanny Philip...
Falling commodity prices, concerns about global economic growth, and the likely impact of a global tech outage that has hit services from airlines, banks and financial services are likely to render the mood a bit bearish on Bay Street Friday morning. Investors will also be reacting to Canadian retail sales, producer prices data. Data on...
Financial services firm Morgan Stanley (MS) reported Tuesday that net income applicable to the company\'s shareholders for the second quarter decreased 10 percent to $2.94 billion or $1.82 per share from $2.05 billion or $1.24 per share in the year-ago quarter. On average, 16 analysts polled by Thomson Reuters expected the company to report earnings...
South Korean prosecutors have submitted evidence suggesting Terraform Labs co-founder Do Kwon and former Chai CEO Hyun-seong Shin may have planned to deceive investors from the outset. The Seoul Southern District Prosecutors’ Office presented a written statement to Shin’s trial court alleging a May 2019 text exchange between Kwon and Shin regarding the “Chai” payment...
JAKARTA. PT Kioson Dagang Indonesia Tbk (KIOS), an e-commerce and technology issuer, has converted the debt of one of its subsidiaries, namely PT Retail Kita Indonesia (RKI), into capital. Andrew, President Director of KIOS, said that RKI\'s debt to KIOS which was converted into capital payments was worth IDR 14 billion. The additional capital obtained...
In the latest episode of the Cryptonews Podcast, host Matt Zahab had a wide-ranging discussion with Kenny Li, Core Contributor to the privacy-preserving Polkadot–based protocol and layer-1 blockchain Manta Network. In this exclusive interview, Li talked about: the future of modularity and how modular execution can help secure, lower the cost, and expedite the flow...
A new TV show titled “Killer Whales, which merges the crypto world with the excitement of reality television has made its debut on mainstream streaming platforms. The show aims to captivate audiences with its unique blend of high-stakes crypto pitches and compelling human drama. It is produced by crypto entertainment studio HELLO Labs and CoinMarketCap,...