Amid the increasing protectionism and policy uncertainty, Developing East Asia is expected to log slower growth this year and next but, the pace is likely to be faster than the rest of the world on recovering global trade, the World Bank said in its East Asia and Pacific April 2024 Economic Update on Monday. The...
JAKARTA - With a remarkable volume of 5.84 billion shares, PT Aladin Global Ventures purchased shares of PT Bank Aladin Syariah Tbk (BANK) on Friday, October 4. This investors share portion increased to 50.62% from 11.06% after its most recent purchase through PT Pacific Sekuritas Indonesia. Presently, Aladin Global holds a majority stake in the...
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...
Extending the losses in the previous three sessions, the Japanese market is slightly lower on Thursday, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is staying below the 38,000 mark, with losses in index heavyweights nearly offset by gains in technology and financial stocks. The benchmark Nikkei 225 Index is down...
Two crypto-supportive senators urged the Justice Department (DOJ) on Monday to reconsider its recent enforcement action against a popular Bitcoin privacy service. Senator Cynthia Lummis (R-WY) publicly shared a letter arguing that the DOJ’s “unprecedented interpretation” of what constitutes an unlicensed “money services business” (MSB) contradicts both Treasury Department guidance and the intent of Congress....
The South Korea stock market has moved lower in two straight sessions, slipping almost 20 points or 0.7 percent along the way. The KOSPI now sits just beneath the 2,725-point plateau and it may extend its losing streak on Thursday. The global forecast for the Asian markets is negative on a dimming outlook for interest...
A reading on Philadelphia-area manufacturing activity returned to positive territory in the month of September, the Federal Reserve Bank of Philadelphia revealed in a report released on Thursday. The report said the diffusion index for current general activity jumped to a positive 1.7 in September from a negative 7.0 in August, with a positive reading...
(Reuters) - Australia\'s ANZ Group said on Monday it had agreed to settle a class action suit related to interest charged on personal credit cards for A$57.5 million ($37.44 million). The settlement is without admission of liability and remains subject to court approval, ANZ said in a statement. The class action was brought against the...
How Crypto Drainers Work Brian Carter, Senior Intelligence Analyst at Chainalysis, further told Cryptonews that scammers are starting to target new blockchain networks for crypto drainers because these wallets have fewer security protections. “There are fewer people monitoring transactions on these wallets,” he said. As Carter explained, this is a critical point: a crypto drainer...
JAKARTA -PT PP Properti Tbk (PPRO)reported 90% year-on-year (yoy) surge in occupancy rate of Prime Park Hotel & Convention Lombok following MotoGP Mandalika 2024 that will be held on September 27-30, 2024. This achievement is revealed by Andek Prabowo, President Director of PPRO, in the press release today (27/8). “Our hotel is elated to welcome...