B3 plans to expand its crypto offerings with Bitcoin options and Ethereum and Solana futures contracts this year.The exchange is also partnering with BlackRock to launch an Ethereum ETF, increasing accessibility for Brazilian investors. Brazil’s largest stock exchange, B3, doesn’t want to miss out on the digital asset trend. Having launched Bitcoin futures contracts since...
Arthur Hayes, co-founder of Maelstrom has warned that a U.S. Bitcoin reserve would merely be another tradable financial asset, subject to political influence rather than long-term economic strategy.Hayes argues that a future administration could sell off the U.S. Bitcoin reserve, making it a political weapon rather than a stable economic asset. In a recent blog...
JAKARTA – PT Sejahteraraya Anugrahjaya Tbk (SRAJ), the operator of Mayapada Hospital, plans to issue bonds worth USD 125 million, or equal to approximately IDR 1.89 trillion. The funds raised from this bond issuance will be used for funding working capital requirements for its subsidiaries that manage Mayapada Apollo Batam International Hospital and Mayapada Hospital...
JAKARTA - On Wednesday, December 11, around 6.68 billion shares of Indonesian issuers were purchased by foreign investors, while approximately 6.36 billion shares were sold. This outstanding sumfurther contributed to the 315.21 million share net foreign surplus volume this time. With 4.79 billion shares bought by foreigners and a net volume of around 536.12 million,...
JAKARTA. The Composite Stock Price Index (IHSG) continued its growth in trading on Wednesday (11/12) today, with an increase of 0.15% or 11.47 points to the level of 7,464.75. This is an increase that has occurred consecutively since Monday (9/12). Previously on Monday the index closed up 0.74% or 54.95 points and on Tuesday 0.21%...
JAKARTA. Jakarta Stock Price Composite Index (IHSG) posted 3.77% or 268.51-point increase to 7,382.78 last week following growth in daily transaction frequency. Eko Susanto, Acting Secretary of Indonesia Stock Exchange (IDX), confirmed that the daily transaction frequency last week rose 8.66% to 1.24 million. A week prior, the frequency was stuck at 1.14 million transactions....
Hero Supermarket Tbk (HERO) has officially changed its name to PT DFI Retail Nusantara Tbk following a successful meeting of shareholders last week. In said meeting, 92.28% of the shares with valid votes have agreed upon this name change. “[Shareholders] agreed upon the amendment of Article 1 Paragraph 1 of Articles of Association of the...
Asian stocks ended mixed on Tuesday after Chinas exports and imports both missed expectations in November, signaling growing trade challenges. Gold ticked higher, the U.S Treasury 10-year yield fell one basis point to 4.19 percent and the dollar held steady ahead of key U.S. consumer and producer inflation readings due this week that will help...
German stocks were subdued on Tuesday as Chinese trade figures disappointed and domestic data showed Germanys consumer price inflation rose to a four-month high in November due to less favorable energy base effects. The consumer price index registered an annual increase of 2.2 percent in November, following a 2.0 percent rise in October, Destatis reported...
French stocks were moving lower on Tuesday as caution crept in ahead of the release of key U.S. consumer and producer inflation readings this week that will help shape the outlook for Federal Reserve monetary policy. Also, the focus shifted to the European Central Bank (ECB) monetary policy decision on Thursday, with the central bank...