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Opinion 5 days ago
PREMIUM
Analysis: Removing the price floor: Price discovery or speculation?
The Indonesia Stock Exchange’s (IDX) plan to lower the minimum share price from Rp 50 (less than 1 US cent) to Rp 1 could finally allow the market to discover the true value of stocks long trapped at the price floor. But greater price flexibility comes with greater risk. As distressed “zombie companies” are exposed to market forces and stocks worth only a few rupiah become tradable, the reform could improve liquidity and price discovery while also opening the door to greater volatility and speculation.
Science & Tech 1 year ago
Chinese sub discovers deepest-ever creatures 10 kilometers undersea
The discovery in Earth's deepest underwater valley suggests that there could be much more life thriving in the hostile conditions at the bottom of our planet's largely unexplored oceans than previously thought, the China-led team of scientists said.
Science & Tech 2 years ago
Astronomers discover largest black hole in Milky Way
The black hole, named Gaia BH3, was discovered "by chance" from data collected by the European Space Agency's Gaia mission, an astronomer from the National Centre for Scientific Research (CNRS) at the Observatoire de Paris, Pasquale Panuzzo, told AFP.
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