JAKARTA -PT Summarecon Agung Tbk (SMRA)restructures its portion in PT Nusantara Selaras Sejati (NTSS), whose operation is located in Penajam Paser Utara, East Kalimantan. Jemmy Kusnadi, Corporate Secretary of SMRA, mentioned that 2.49 million shares or 99.99% of shares in NTSS owed by the company have been transferred to PT Setia Mitra Edudharma (SMED), another...
Fast-food pizza chain Domino’s (NYSE:DPZ) will be reporting results tomorrow before market open. Here\'s what to look for. Last quarter Domino\'s reported revenues of $1.03 billion, down 3.9% year on year, missing analyst expectations by 2%. It was a weak quarter for the company, with a miss of analysts\' revenue estimates. Is Domino\'s buy or...
The Taiwan stock market on Friday snapped the two-day slide in which it had slumped more than 280 points or 1.2 percent. The Taiwan Stock Exchanged now rests just shy of the 22,160-point plateau and it may pick up steam on Monday. The global forecast for the Asian markets is positive on optimism over the...
European stocks were mixed on Tuesday as investors awaited key inflation readings from the U.S. and Eurozone this week for directional cues. Meanwhile, an ECB survey showed earlier today that consumers lowered their inflation expectations last month. Eurozone consumers\' expectations for inflation in the next 12 months eased to 2.9 percent from 3.0 percent a...
The South Korean city of Ansan has announced that it will confiscate crypto from tax dodgers who fail to pay local levies. Per Newsis, government leaders in Ansan, Gyeonggi Province, said on August 2 that it would start using a “virtual asset platform seizure system” to “recover unpaid local taxes.” The city will roll out...
The Bitcoin (BTC) price is enjoying an end-of-week relief rally in wake of economic data that showed inflationary pressures in the US continued to subside to more acceptable levels in December 2023.US Core PCE Price Index figures showed YoY inflation falling to 2.9%, below the expected rate of 3.0%.The Bitcoin price was last probing $42,000,...
European stocks eked out modest gains in cautious trade on Wednesday ahead of the release of the Federal Reserves July meeting minutes and preliminary revisions to U.S. labor data later in the day. The dollar dipped against major currencies, tracking overnight declines in U.S. Treasury yields as investors brace for Fed Chair Jerome Powells upcoming...
The Australian Securities and Investments Commission (ASIC) has received a nod from a Federal Court to appoint receivers for digital assets held by a group of collapsed crypto mining companies and their sole owners. ASIC Takes Action Against Collapsed Crypto Mining Companies ASIC launched civil proceedings against three crypto-mining firms, collectively known as NGS Companies....
JAKARTA -PT BPD Jawa Timur Tbk (BJTM) scored IDR 620.86 billion of profit in the first half (H1) of 2024, 13.78% year-on-year (yoy) lower from IDR 720.14 billion seen in the same period last year. This decline resulted from increased operational costs. Based on Financial Report of H1 2024 quoted Friday (27/9), gross interest and...
By Lewis Jackson and Stella Qiu SYDNEY (Reuters) - Volkswagen (ETR:VOWG_p) Australia said on Friday it was concerned about the exit of electric vehicle makers Tesla (NASDAQ:TSLA) and Polestar (NASDAQ:PSNY) from Australia\'s major automotive lobby in protest over the organisation\'s criticism of proposed vehicle emissions rules. The German automaker said it supported the government\'s proposed...