JAKARTA. PT Info Media Digital (IMD), a digital business line under PT Tempo Inti Media Tbk (TMPO), has secured funding from Media Development Investment Fund (MDIF). Jajang Jamaludin, Corporate Secretary of TMPO, mentioned that the funding received by the company is through Convertible Performance Debenture (CPD). “This convertible bond has a maturity date on December...
JAKARTA. PT Kalbe Farma Tbk (KLBF), an issuer operating in the pharmaceutical sector, has inaugurated the construction of a radioisotope factory, which produces Fludeoxyglucose (FGD) for early detection of cancer. Maria Teresa Fabiola, Corporate Secretary of KLBF, said that the factory is under the companys subsidiary, namely PT Global Onkolab Farma (GOF). The existence of...
Community Trust Bancorp, Inc. (CTBI) reported Wednesday net earnings for the second quarter of $19.50 million or $1.09 per share, edging up from $19.40 million or $1.08 per share in the prior-year quarter. Net interest income for the quarter grew to $45.68 million from $43.08 million last year and noninterest income increased to $15.71 million...
Indian shares ended modestly higher on Monday, after having fallen deep into the red earlier in the session due to uncertainty surrounding the general election results. The benchmark S&P BSE Sensex hit an intraday low of 71,866.01 before reversing course to end the session up 111,66 points, or 0.15 percent, at 72,776.13. The broader NSE...
Higher bullion prices point to a positive start for Canadian stocks on Tuesday. However, Canadian inflation data, due before the opening bell, is likely to set the trend. Data on Canadian inflation for the month of June is due at 8:30 AM ET. The annual inflation in Canada rose to 2.9% in May, from a...
In a new development for the emerging U.S. cryptocurrency regulation landscape, the Chamber of Digital Commerce has voiced its backing for Kraken amid the exchange’s ongoing legal battle with the SEC. This support was conveyed in February 27 court filing, as Kraken continues to counter allegations from the SEC that it operated unlawfully. According to...
SYDNEY (Reuters) - New Zealand\'s Transport Accident Investigation Commission said on Tuesday it was seizing the cockpit voice recorder and flight data recorder of a LATAM Airlines (OTC:LTMAY) Boeing (NYSE:BA) 787 after an incident that left more than 50 people injured. The New Zealand accident investigator said it was assisting Chilean authorities with their probe...
South Korean venture capital firm Hashed Ventures is expanding its operations to Abu Dhabi in a new partnership with the region’s global tech ecosystem. Hashed Ventures has entered into a partnership with Hub71 in Abu Dhabi, Edward Hong, the chief platform officer at the VC firm told CryptoNews. The expansion shows Abu Dhabi’s growing status...
Citra Marga Nusaphala Persada Tbk (CMNP), a toll road company, has acquired a sharia financing facility from PT Sarana Multi Infrastruktur (Persero). Hasyim, Independent Director of CMNP, said that this financing facility will be used to develop Ancol Timur – Pluit (Elevated) Toll Road / Harbour Road II. The limit set for this facility is...
Specialty retailer Cato Corp. (CATO) reported Thursday that net income for the second quarter declined to $0.1 million or $0.01 per share from $1.1 million or $0.06 per share in the prior-year quarter. Sales for the quarter declined 8 percent to $166.9 million from $181.2 million in the year-ago quarter. Same store sales decreased 2...