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June 16, 2023
(Bloomberg) -- Unexplained gains in Indonesian stocks are fueling calls for tighter regulation in Southeast Asia’s biggest equity market.Most Read from BloombergSocial Security Benefits Targeted for Cuts by House ConservativesA Goldman Partner’s Sexually Explicit Video Led to Millions in SettlementStock Rally Is Deepening Beyond AI-Fueled Craze: Markets WrapUS Submarine Damaged in South China Sea Won’t Return Until 2026 as Shipyards Are CloggedBiggest Losers of AI Boom Are K...
June 16, 2023
Known as โdeep friedโ shares among local traders, they often have concentrated ownership, low trading volume, scant analyst coverage and elevated valuations relative to peers.
June 16, 2023
In the past three years, at least 83 Indonesian companies have swung by 1,000 per cent or more from peak to trough. Read more at straitstimes.com.
June 16, 2023
Unexplained gains in Indonesian stocks are fueling calls for tighter regulation in Southeast Asiaโs biggest equity market. Known as โdeep friedโ shares among local traders, they often have concentrated ownership, low trading volume, scant analyst coverage and elevated valuations relative to peers. In the past three years, at least 83…
March 29, 2023
The business world is a real rollercoaster where fortunes can be made or lost in an instant. But few events in the investing universe can be as de...
March 29, 2023
Indian Billionaire Gautam Adani has seen his net worth plunge after short seller group Hindenburg Research published a damning report, but the billionaire has managed to recoup $20 billion in 30 days following the attack
December 30, 2022
Thiess has secured a AUS$345 million contract extension at Melak with Bayan Resources.
December 26, 2022
KUALA LUMPUR (Dec 25): While global billionaires have lost nearly US$2 trillion (RM8.85 trillion) this year, five Asians have become about US$93 billion richer than last year, according to estimates by Forbes. In a report last week, the magazine said the world's billionaires lost more than US$1.9 trillion in wealth, driven primarily by tumbling stock prices due largely to higher inflation and slower economic growth. But amid the overall downturn, a subset of billionaires bucked the trend.
December 19, 2022
Cimic Group, has received a $230.6m contract extension from Bayan Group to continue providing services at the Melak coal mine in Indonesia.
October 11, 2022
JAKARTA โ Indonesia’s four largest banks handed out loans totaling $3.5 billion of direct loans to the coal industry from 2015-2021, despite their stated commitments to sustainable financial practices, a new report shows. The report by a coalition of civil society groups looked at loans made by BNI, BRI and Bank Mandiri, all state-owned lenders, […]