CAC 40 Tumbles Amidst Political Uncertainty

French stocks tumbled on Monday after French President Emmanuel Macron unexpectedly announced a snap legislative election. Macron\'s decision comes after far-right Eurosceptic nationalists made gains in European Parliament elections. The benchmark CAC 40 was down 137 points, or 1.7 percent, at 7,864 after falling half a percent on Friday. Banks led losses, with BNP Paribas,...

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China Industrial Output Rises Less Than Forecast; Retail Sales Growth Accelerates

China industrial production growth slowed unexpectedly in October and the decline in property investment deepened but retail sales growth accelerated as recent stimulus measures strengthened consumer sentiment. Industrial production posted an annual growth of 5.3 percent in October after rising 5.4 percent in September, the National Bureau of Statistics said Friday. The slowdown in growth...

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Eurozone Private Sector Activity Shrinks

Eurozone private sector activity shrank moderately in October on continuing contraction in manufacturing, flash survey data from S&P Global showed on Thursday. The HCOB flash composite output index rose slightly to 49.7 in October from 49.6 a month ago. The reading was seen at 49.8. Business activity in the currency bloc dropped marginally for the...

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Standard Chartered Plans to Offer Spot Trading Desk for Bitcoin and Ethereum

Standard Chartered Bank is planning to offer a spot trading desk for Bitcoin and Ethereum to enable direct spot trading of cryptocurrencies, according to an insider. This latest development aligns with the multinational bank’s huge interest in the crypto market. Standard Chartered Spot Trading Offering Meets Institutional Demand The London-based bank is among several large...

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Global Ambitions of TwyAe: The Dual Engines of Technological Innovation and Market Expansion

In 2024, TwyAe Exchange experienced a year where technological breakthroughs and global market expansion advanced in tandem. Through technological innovations, international engagement, and novel applications, TwyAe demonstrated its ambitious goals and extraordinary capabilities in the cryptocurrency sector to users worldwide. This journey, filled with passion and wisdom, represents a significant chapter in driving global crypto...

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Karya Media Investindo claims 8% of MDTV Media (NETV) with its 3.30 billion shares

JAKARTA – PT Karya Media Investindo, which invested 3.30 billion shares in the broadcasting media firm PT MDTV Media Technologies Tbk (NETV), started the stock buying and selling transaction by investors holding more than 5% on Friday, December 27. This investor is now formally a new shareholder with 8% ownership through PT BNI Sekuritas. Subsequently,...

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