On December 12, Texas Representative Giovanni Capriglione introduced a bill aimed at establishing a Strategic Bitcoin Reserve, which could potentially position the state as a leader in cryptocurrency innovation in the US.Giovanni filed the Texas House Bill 1598 during an X space event hosted by Dennis Porter, founder of the non-profit advocacy group Satoshi Action...
Riot Platforms boosts Bitcoin holdings by acquiring 5,117 BTC for $510 million, showcasing confidence in cryptocurrency’s future.Riot plans to issue $500M convertible notes by 2030 to enhance reserves and secure its market position. Riot Platforms made a huge move in the Bitcoin mining sector by announcing the acquisition of approximately 5,117 BTC between December 10...
JAKARTA. PT Avia Avian Tbk (AVIA), a manufacturer of paint and other building materials, will distribute an interim dividend of IDR 11 per share or a maximum of IDR 672.6 billion. Kurnia Hadi Sinanto, Director of AVIA, conveyed that this plan was in accordance with the decision of the companys board of directors several days...
JAKARTA - On Thursday, October 31, foreign buying volume climbed to 3.90 billion shares. Meanwhile, foreign sales volume was only 3.69 billion shares, resulting in a net foreign volume surplus of 205.16 million. The coal mining company PT Bumi Resources Tbk (BUMI) had the greatest share acquisition, with 200.64 million shares bought and a net...
JAKARTA - PT Trimegah Sekuritas Indonesia Tbks acquisition of 424.80 million shares of PT Energi Mega Persada Tbk (ENRG) prompted market hintson Wednesday, October 30. By this deal, the investor was able to raise its ownership stake in the company that was exploring for and trading oil and gas from 14.41% to 16.12%. Additionally, foreign...
JAKARTA. The Indonesian government will once again hold an auction of 7 series of Government Securities (lit. Surat Berharga Syariah Negara/SBSN) or State Sukuk next Tuesday (5/11) with an indicative target of IDR 9 trillion. There were 7 series of SUN offered in the auction, consisting of 2 series of Government Treasury Notes (lit. Surat...
Budi Starch & Sweetener Tbk (BUDI), a flour and sugar manufacturer operating under Sungai Budi Group, will distribute interim dividend of IDR 22.49 billion. Alice Yuliana, Corporate Secretary of BUDI, mentioned that the plan is aligned with the decision made by the board of directors a couple of days ago. “It had been approved by...
Australias business confidence strengthened notably in October on improvements across all industries except construction and retail, survey data from NAB showed on Tuesday. The business confidence index rose to +5 from -2 in September. At the same time, the business conditions index was unchanged at 7 in October. Trading conditions edged up one point to...
Asian stocks retreated on Monday as Beijings latest stimulus fell short of investor expectations and weak inflation data dampened hopes for a significant recovery in the worlds second largest economy. Concerns over U.S. dollar strength and international trade relationships also weighed on regional markets as the Republican Party edged closer to sweeping both chambers of...
The Japanese yen weakened against other major currencies in the Asian session on Monday, after the Bank of Japan (BoJ) Summary of Opinions from the October meeting revealed that policymakers were split on whether to raise interest rates. Also, the political uncertainty in Japan, raised doubts over the BoJs ability to tighten its monetary policy...