In advance, economists had expected that retail trade in the United States would weaken by a modest 0.1 percent from November to December. Instead, seasonally adjusted turnover fell by 1.9 per cent, and the statistics for November were also downgraded. Excluding cars and fuel, the decline was even greater, as much as 2.5 percent. The … Read more
Jakarta – Citigroup Inc employees in the United States (US) who have not been vaccinated against COVID-19 until January 14 will be forced to take unpaid leave and may even be fired until the end of the month. Quoted from Reuters, stated unless the employee can provide a medical reason for the vaccination. Banks in … Read more
Opening of the viewing platform of the new One Vanderbilt high-rise in New York Most of the building is already rented. Photo / John Minchillo, AP – (Photo: AP) – – – – New York Aby Rosen takes a pragmatic view of the matter. “As a landlord you have to offer more today. The companies … Read more
TEMPO.CO, Jakarta – Citigroup reportedly will close its business in five countries in Asia next week. The five countries are Indonesia, the Philippines, Taiwan, India, and Thailand. Closing the business cannot be separated from DBS Group Holdings Ltd. and Standard Chartered Plc, which were previously said to be interested in buying Citigroup Inc’s retail business. … Read more
– Here is a selection of announcements that have made (or will make) move the prices of these companies: (Come back and read us from time to time so as not to miss an update) Canopy Growth (WEED.TO, $ 17.69) announced Thursday that it has signed an agreement that grants it the right to acquire … Read more
Jakarta, CNBC Indonesia – The Indonesia Stock Exchange (IDX) stated that it will soon provide further information regarding the news that PT Citigroup Sekuritas Indonesia (PT CSI), a business entity of Citi, will be leaving the Indonesian capital market in the near future. This statement is in response to the news that this CG coded … Read more
“We are monitoring the situation closely and we have prepared various reaction scenarios according to the development. This is partly due to the fact that due to higher gas consumption in the first quarter, we had to buy gas for customers at higher prices than in the past, while we did not change sales prices, … Read more
Pedestrians in front of the New York Stock Exchange Mike Burry’s portfolio restructuring suggests that the well-known investor is expecting a major correction. – (Photo: AP) – – – – Düsseldorf Mike Burry caused a stir with his bet against Tesla shares. The star investor is not only expecting prices to fall at the e-car … Read more
Jakarta, CNBC Indonesia – The financial industry regulator, the Financial Services Authority (OJK), responded to the announcement from Citigroup to close its retail business in 13 countries, including Indonesia. Chairman of the Board of Commissioners of the Financial Services Authority (OJK) Wimboh Santoso revealed that the OJK as the regulator has received an explanation from … Read more
/data/photo/2020/12/10/5fd1bd33316ad.jpeg "Citigroup Exits Indonesian Retail Banking, What is the Fate of Customers? This said the CEO of Citi Indonesia")
JAKARTA, KOMPAS.com – Citigroup Inc. plans to go out of business consumer banking or banking retail in 13 countries, including Indonesia. Responding to this, CEO Citi Indonesia God Sianturi said there was no direct change to banking operations in the country. “There will be no direct changes to our operations in Indonesia, and there will … Read more