Nilam Resources has signed a letter of intent with Xyberdata to buy $1.70 billion worth of bitcoin amid the ongoing crypto market rally. According to Nilam Resources, Inc.’s announcement on March 25, the acquisition involves the Mauritius-based special purpose entity MindWave, which holds 24,800 Bitcoin and other digital assets. Nilam Resources Acquires 24,800 Bitcoin The...
French stocks were little changed on Thursday after rising notably in the previous session on bets of a Federal Reserve rate cut in September. Investors were reacting to a mixed set of economic activity data from China released earlier in the day. Chinas industrial production slowed for a third straight month in July, unemployment rose,...
JAKARTA – PT Bank Tabungan Negara Tbk (BBTN) reveals its moderate target on credit distribution growth in 2024, at 10-11%. In fact, at the end of June 2024, BBTN had reported credit growth of 14.4% year-on-year (yoy). According to Nixon LP Napitupulu, President Director of BBTN, this moderate target is set following tight liquidity of...
In the challenging and opportunity-filled year of 2020, global financial assets and the cryptocurrency industry experienced significant price volatility. As major economies adjusted their monetary policies in a timely manner, the cryptocurrency industry saw rapid growth. Notably, advancements in key technologies and the gradual clarification of regulatory environments laid a foundation for the long-term healthy development of...
Artivion, Inc.\'s (NYSE:AORT) Vice President of Human Resources, Matthew A. Getz, has recently sold 5,000 shares of the company\'s common stock, according to the latest regulatory filings. The transaction, which took place on March 12, 2024, was executed at a weighted average price of $19.9439 per share, with a price range between $19.90 and $20.015...
By Foo Yun Chee BRUSSELS (Reuters) - Elon Musk\'s X social media platform, TikTok owner ByteDance and Booking (NASDAQ:BKNG).com may meet EU criteria subjecting them to tough tech rules as so-called gatekeepers, the European Commission said late Friday, after notifications by the companies. The Digital Markets Act (DMA) designates companies with more than 45 million...
In a recent transaction, David W. Ruttenberg, a director at Accel Entertainment, Inc. (NYSE:ACEL), sold a total of 25,000 shares of the company\'s stock, garnering over $280,000. The shares were sold at prices ranging from $11.343 to $11.3441, as reported in the company\'s latest SEC filing. The transactions took place on March 15, 2024, and...
JAKARTA. PT MD Entertainment Tbk (FILM), a film production company, has reportedly signed a loan agreement with PT Bank Mandiri (Persero) Tbk (BMRI) with total principal worth IDR 794.75 billion. The facility consists of 2 terms, Tranche 1 of IDR 529.5 billion, and Tranche 2 of IDR 265.25 billion. The tenor set for FILM by...
JAKARTA - PT Japfa Comfeed Indonesia Tbk (JPFA) distributed an interim dividend of IDR 813.93 billion or IDR 70 per share from net profit for the first semester of 2024. From the disclosure of information quoted on Friday (11/10), interim dividend payments will be made on (29/10) referring to the Shareholder Register (DPS) as of...
The U.S. trade deficit edged slightly lower in the month of March, according to a report released by the Commerce Department on Thursday. The Commerce Department said the trade deficit narrowed to $69.4 billion in March from a revised $69.5 billion in February Economists had expected the trade deficit to inch up to $69.1 billion...