Finance Minister Purbaya inviting global investors at a conference in Indonesia.
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Purbaya invites global investors and follows mining royalty delay

Reported by AI Image generated by AI

Finance Minister Purbaya Yudhi Sadewa invited global investors to Indonesia while introducing the P2SP task force mechanism to resolve business obstacles.

Weekly roundup May 13

  • Indian markets decline amid US-Iran tensions and heavy foreign investor selling.
  • Asian stocks advance with AI firms as oil prices surge over US-Iran conflict.
  • Senate Banking Committee to markup Digital Asset Market Clarity Act on May 14.
  • Bitcoin surpasses 82,000 dollars before dipping below 80,000 amid Iran tensions.
  • Bitcoin remains above 80,000 dollars with altcoins posting market gains.
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Asian stocks fell alongside Wall Street after US inflation data showed faster price growth. Rising oil prices tied to conflict in Iran pushed Treasury yields higher and increased expectations for a Federal Reserve rate increase in 2027.

Reported by AI

Western Midstream Partners announced strong first-quarter results during an earnings call on May 12, driven by acquisitions and higher oil prices. The company highlighted growth across its operations.

The Calamos International Growth Fund returned 2.79 percent for the quarter ended March 31, 2026.

Reported by AI

The Depository Trust & Clearing Corporation will use Chainlink technology to power its blockchain-based Collateral AppChain platform. The integration supports 24/7 automated collateral management and is set for a Q4 2026 launch. It builds on prior collaboration between the two firms.

The board of Grupo Mutua approved the acquisition of the remaining 55% stake in Seguros del Estado and Seguros de Vida del Estado, securing full ownership of both companies.

Reported by AI

Retail investors put ₹38,440 crore into equity mutual funds last month, a modest decline from March levels. The dip occurred amid uncertainty over oil prices and lower SIP collections.

 

 

 

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