Blue Chip Stock Again Cheap!

Jakarta, CNBC Indonesia – The Composite Stock Price Index (JCI) continues to climb to its highest level of 6,700, although it is still hovering at 6,600. The benchmark index for Indonesian capital market players on the Indonesia Stock Exchange (IDX) closed minus 0.35% at 6,632 on Thursday (21/10/2021). In the last month, the JCI has […]

Huawei commits to a greener ICT industry

According to a press release, among the attendees of the event are Richard Mahony, vice president of service provider markets at Informa Tech, Dena Assaf, United Nations Resident Coordinator in the United Arab Emirates, Tommy Stadlen, co-founder from Giant Ventures, Ahmed Bin Ali, Vice President of Corporate Communication at Etisalat, Hervé Suquet, Vice President of […]

USA: Philly Fed index down in October

( – The growth of manufacturing activity slows down in October, according to the last monthly economic survey of the Philadelphia Fed, whose index stands at 23.8 for the current month against 30, 7 for the month of September. As a reminder, a ‘Philly Fed’ index greater than zero reflects growth in activity in the […]

USA: + 7% of sales of second-hand homes in September

( – Sales of second-hand homes rose 7% in the United States in September, according to the National Federation of Realtors (NAR). At 6.29 million units at an annualized rate, they are above expectations. The NAR specifies that the stock of unsold homes has fallen by 13% over one year to 1.27 million, or 2.4 […]

KKR buys Edge Observatory in New York for more than $ 500 million

The Edge Terrace, Manhattan (GETTY IMAGES NORTH AMERICA / Cindy Ord) KKR has acquired a controlling stake in Edge, the highest outdoor observatory in the West, located in New York, the investment firm said, for $ 508 million, according to several US media outlets. Inaugurated in 2020, Edge is a giant terrace open to the […]

Will bitcoin be a rocket? It launches the first bitcoin fund in the USA

The price of bitcoin is currently just below its historic high, which it may soon exceed. The first ever publicly traded fund (ETF) linked to bitcoin began operating on Tuesday. The fund, called ProShares Bitcoin Strategy, will allow clients to invest in bitcoin without having to learn to work with a bitcoin wallet or open […]

USA-Congressional committee backs contempt charge against Steve Bannon

WASHINGTON, Oct.20 (Reuters) – A U.S. congressional committee investigating the Jan.6 assault on Capitol Hill by hundreds of supporters of Donald Trump voted unanimously on Tuesday in favor of a contempt of Congress charge against Steve Bannon, a longtime aide to former President Donald Trump. The seven Democratic and two Republican members of the House […]

Stellantis goes electric in the United States

The automotive group will open with LG a “giga-factory” of batteries in North America in 2024. Stellantis passes the fifth in the electric. The group resulting from the merger between PSA (Peugeot, Citroën…) and FCA (Fiat, Chrysler…) will open a battery factory in North America in partnership with the South Korean industrialist LG. This “gigafactory” […]