The terms of trade in New Zealand rose a seasonally adjusted 2.4 percent on quarter in the third quarter of 2024, Statistics New Zealand said on Tuesday. That exceeded expectations for a gain of 1.2 percent and was up from 2.1 percent in the previous three months Export prices were up 0.7 percent on quarter,...
The China stock market has finished lower in four straight sessions, plummeting more than 200 points or 6 percent in that span. The Shanghai Composite Index now sits just above the 3,200-point plateau although its expected to open to the upside on Tuesday. The global forecast for the Asian markets is positive, with technology stocks...
JAKARTA – A subsidiary ofPT Sarana Menara Nusantara Tbk (TOWR) obtains a credit facility worth JPY 14 billion from PT Bank Mizuho Indonesia. Assuming that the exchange rate is set to IDR 108.52 per JPY, total loan will reach IDR 1.5 trillion. In the information disclosure quoted Monday (12/8), Monalisa Irawan, Corporate Secretary of TOWR,...
Analysts at the biggest bank in the US – JP Morgan, says Bitcoin halving is already priced in. This time, the implication would be mainly on Bitcoin mining rather than BTC price, they wrote in a research report. Bitcoin mining – a four-year event that slashes Bitcoin mining rewards in half – is set to...
Members of the Bank of Japans Monetary Policy Board said that the country has largely recovered the financial stresses of the past few years, minutes from the central banks meeting on July 30-31 revealed on Thursday - and the economy is likely to continue to grow. Japans financial conditions have been accommodative, the minutes added....
European stocks rose on Thursday as voting began across polling stations in the U.K., with polls predicting a historic win for the Labour party. Elsewhere, investors remain hopeful that the far-right National Rally (RN) party would not get a majority of seats in the French parliament. France\'s leftist and centrist parties have pulled hundreds of...
The manufacturing sector in Australia continued to contract in November, albeit at a slower pace, the latest survey from Judo Bank revealed on Friday with a manufacturing PMI score of 49.4. Thats up from 47.3 in October, although it remains beneath the boom-or-bust line of 50 that separates expansion from contraction. The survey also showed...
JAKARTA -PT Gunung Raja Paksi Tbk (GGRP) will cut its shares’ nomimal value to IDR 140 from IDR 500, effective starting from November 5, 2024. In the information disclosure quoted Friday (11/10), Fedaus, Director of Public Relations of GGRP, confirmed that the refund following this capital reduction, by lowering nominal value of the shares by...
JAKARTA. Total incoming bids reported in the last round of Government Securities (lit. Surat Utang Negara/SUN) auction hit IDR 66.99 trillion, according to the Directorate-General of Budget Financing and Risk Management (DJPPR) of the Ministry of Finance. There were 8 series of SUN offered in said auction, consisting of 2 series of State Treasury Notes...
Despite conducting only 11 enforcement actions in 2024 (down from 30 actions in 2023 and 21 actions in 2022), the SEC’s average fine for the year reached a record high of $426 million, according to the report. This increase underscores the SEC’s shift toward fewer but larger fines, with the goal of bringing high-impact enforcement...