Indonesian stocks plunge after Wall Street free fall

first_imgIndonesian stocks plunged deep in the red on Friday morning following a market rout seen by Wall Street in Thursday’s session as investors grew wary of a second wave of the coronavirus pandemic in the United States.The Jakarta Composite Index (JCI), the main gauge of the Indonesia Stock Exchange (IDX), plummeted 2.54 percent to 4,731.54 as trading started. It had pared some of its losses to 1.2 percent as of 10:26 a.m. Jakarta time.“We note that the Dow [Jones Industrial Average] plunged more than 1,800 points yesterday as investors grew concerned about the spike in COVID-19 cases in some [US] states as lockdown eases,” Mirae Asset Sekuritas Indonesia analyst Andy Wibowo Gunawan wrote in a research note on Friday. “We are less optimistic the JCI will trade higher for today due to the negative sentiment from Wall Street,” he added.Read also: Indonesian stocks, rupiah surge in recent weeks despite weak economic outlookThe Dow Jones crashed 6.9 percent on Thursday while the S&P 500 lost 5.89 percent and the Nasdaq Composite fell 5.27 percent as spiking coronavirus cases in several US states helped spur the worst sell-off since March amid worries over excess valuations and another massive number of US jobless claims, AFP reported.After weeks of focusing on the positive side of the reopening of economies, investors shifted attention to rising coronavirus cases in some states that have reopened, including the US states of Texas and Arizona. On Friday morning, Tokyo dropped 1.52 percent, Hong Kong declined 1.38 percent while Shanghai and Singapore fell 0.31 percent and 1.66 percent, respectively.As many as 2994 stocks traded on the IDX fell in the red, 90 managed to hover in positive territory while 110 stock prices were unchanged. Energy company PT Medco Energi International, pharmaceutical company PT Kalbe Farma and state-owned construction company PT Wijaya Karya were among the stocks that suffered as they fell more than 2 percent.Read also: Tokyo, Hong Kong stocks falls more than 2% after Wall Street routForeign investors sold around Rp 311 billion (US$21.8 million) worth of stocks more than they bought on Friday morning.“We project the JCI to hover around 4,650 to 4,800 today,” Kresna Sekuritas wrote in its note. (prm)Topics :last_img read more

Dodgers, MLB still celebrate Jackie Robinson Day without games

first_imgAngels’ top prospect Jo Adell tweeted: “Couldn’t imagine a life without being able to pursue my dream because of the color of my skin. Thank you, Jackie. Today is for you!!!”MLB Network and planned a full day of Robinson-related broadcasts, streaming and on television. Among the games replayed was the Dodgers-New York Mets game on April 15, 1997, when Robinson’s number was officially retired across the majors.The World Series film from 1955, a Brooklyn Dodgers victory featuring Robinson, was streamed on MLB’s Facebook, Twitter and YouTube outlets. Fire danger is on Dave Roberts’ mind as Dodgers head to San Francisco How Dodgers pitcher Ross Stripling topped the baseball podcast empire Dodgers hit seven home runs, sweep Colorado Rockies The Covid-19 pandemic that shut down Major League Baseball altered, but did not stop, the sport’s annual celebration of Jackie Robinson.MLB used its digital platforms to honor Robinson on Wednesday, the anniversary of the day that he integrated the sport with the Brooklyn Dodgers in 1947.Normally, the event is marked by every player in the majors wearing Robinson’s No. 42 in games. Even without games this year, players for the Dodgers, Angels and other major league teams still had their numbers changed to 42 on the roster pages of MLB’s official web site on Wednesday. A few Dodgers players also tweeted messages honoring Robinson.“Happy Jackie Robinson day!,” David Price posted on his Twitter account. “Eternally grateful for Mr. Robinson! I have been looking forward to this day since being traded to LA. Can’t wait to get back to doing what we love! In the meantime let’s just stay home and stay safe.”Michael Hermosillo, one of four African-Americans on the Angels’ major league roster, posted “Thank you! #JackieRobinsonDay,” with a photo of Robinson, on his Twitter account.Related Articlescenter_img The Dodgers planned for manager Dave Roberts and Mookie Betts to speak about Robinson’s impact in a Zoom chat to be shared online on Wednesday night.They also planned to post clips of player interviews from spring training about Robinson on their social network channels throughout the day.The Dodgers changed their profile photo to the No. 42 on their Facebook, Twitter and Instagram accounts. Cody Bellinger homer gives Dodgers their first walkoff win of season Newsroom GuidelinesNews TipsContact UsReport an Error Dodgers’ Will Smith: ‘I feel like it’s been five years’ since his 2019 debut last_img read more

Takeaways from Warriors’ season-opening win over Thunder

first_imgOAKLAND – Below are the takeaways from the Warriors’ 108-100 victory over the Oklahoma City Thunder on Tuesday at Oracle Arena.The Warriors’ ring night had a new twist.Nearly eight years ago, Steve Kerr laughed at Warriors majority owner Joe Lacob.Shortly after being part of an ownership group that purchased the Warriors for $450 million, Lacob proclaimed he would hang a championship banner. Kerr found it absurd to make a proclamation for an organization that had not won an NBA title since …last_img read more

Open Source: New Computers with Preinstalled Software

first_imgCompanies like SpikeSource and SourceLabs are combining popular Open Source programs and modules into simple one-step installable software stacks.  The stacks are tested and certified and configured so that the individual software components work in a compatible way. Computer manufacturers may be next.   Most PCs sold today already come with preinstalled software bundled and ready to run on a Windows operating system.  Systems with preinstalled Linux and Open Source applications may be next.That’s what customers are telling Dell on their DellIdeaStorm site. Users want to have options of pre-installed Linux flavors like Ubuntu, Fedora and OpenSuSe.  They want to have an option for software like Open Office preinstalled too.Over 111,000 customers told Dell that they’d prefer to buy a machine configured with Linux rather than to pay for one with Windows preinstalled.  76,000 would like to see OpenOffice preinstalled.Dell already has been experimenting with offering an option for Red Hat Linux on their server-class machines and for a very select set of desktops.  There’s nothing to stop Manufacturers from offering Linux.  Antitrust action has forced Microsoft to drop very restrictive contracts with manufacturers that had kept them captive to Windows OS.Computer manufacturers have stayed away from Linux and Open Source because they couldn’t quantify the demand.  The result of Dell’s survey of interested customers shows that the demand for Linux machines may be out there.  The sizable number of responses could well motivate Dell into going after the growing Linux and Open Source market.And if Dell goes in that direction with some success, there are sure to be other manufacturers that will follow suit.last_img read more

Hyperlocal Heartbreak: Why Haven’t Neighborhood News Technologies Worked Out?

first_imgNeighborhood news aggregator has been acquired by AOL, according to multiple reports this morning. Apparently it’s being bought for less than the big pile of money that high-profile investors put into it, back when hopes were high. It’s sad, really: the ambitious hyper-local news technology services of the last few years don’t seem to be working out very, EveryBlock and Fwix are the three sites best known for building out automated collection and analysis of news about particular neighborhoods of cities around the United States. There is huge, exciting potential there – but it takes resources to develop technology and media sites like this. Maybe a shortage of resources is why none of these sites are the thriving hub of activity that many people hoped they would be. There are many different theories why, but all three of the leading startups in this space feel like a disappointment so far.Give me the news about my neighborhood, please. Give me the restaurant reviews, the crime reports, the events listings, the gossip. Give me the art and the music I can find if I walk out my door. Give me a robot that finds the news stories too small for almost anyone else to care about. I care about what’s happening in the neighborhood around me and I want to see the fabulous new technologies of open government data, online news syndication, social networking and data mining all put to service to fulfill hyperlocal news wishes and dreams I didn’t even know I had, for one, has been hobbled by uninspired Web design, the same shortage of users and community that all the big hyperlocal news sites have and a limited feature set. Everyblock, despite being acquired by MSNBC and having more and better data than all competitors, is a ghost town with an inflexible UI and a stale feature-set in the limited number of cities it serves. (I love Everyblock and check it every day, but even a redesign the site is currently testing is little more than a cosmetic brush-up. It’s disappointing.)The third leading startup in this space, Fwix, looks good and works well all over the country – but feels lightweight and less inspiring than a magic mix of multimedia news about my neighborhood ought to. We wrote excitedly about another machine-powered hyperlocal news startup called Nozzl Media a year ago, but looking at that site makes you suspect that company’s answer would likely be the same that several competitors offer: don’t judge us by our anemic home pages, we’ve got a powerful API that’s feeding hyperlocal news into countless partner sites around the Web where things are going great. All of these sites are led by widely respected news reporting super-nerds, but they don’t seem to be building what they could be.Check out my neighborhood on Everyblock, for example. So far this morning there’s a beautiful big house for sale in the neighborhood, and a nice little condo. There a couple of good restaurant reviews and a couple of negative reviews for other local businesses. Last night there was an unwanted person report down the street, a meeting of local French speakers practicing, a car ran into a bicyclist and the police arrested a guy for allegedly holding people up at gunpoint at ATMs. Am I glad I scanned all that news? Yes, I am. Maybe most people just want to know about the ATM robberies on TV news though, and that’s enough for them. I think the rest of the news is interesting, but Everyblock does a terrible job presenting it well. It doesn’t feel like this whole hyperlocal news technology thing is working out very well, so far at least. Maybe it’s not fully baked enough yet. Maybe the public hasn’t caught up enough. Maybe the economics aren’t there yet. Maybe local TV news is still good enough for users. Maybe hyperlocal is best when it’s hyper-human, not powered by robots. Maybe not very many people want what these sites offer. See the discussion below for other peoples’ thoughts on why this hasn’t worked out.Whatever the problem, maybe AOL can solve it with as a part of its small but growing local news effort Patch.I sure hope someone can nail it. Give me the news about my neighborhood, please. Give me the restaurant reviews, the crime reports, the events listings, the gossip. Give me the art and the music I can find if I walk out my door. Give me a robot that finds the news stories too small for almost anyone else to care about. I care about what’s happening in the neighborhood around me and I want to see the fabulous new technologies of open government data, online news syndication, social networking and data mining all put to service to fulfill hyperlocal news wishes and dreams I didn’t even know I had yet.It doesn’t look like that’s going to happen yet, though. Tags:#Analysis#NYT#web Top Reasons to Go With Managed WordPress Hosting marshall kirkpatrick Related Posts center_img 8 Best WordPress Hosting Solutions on the Market Why Tech Companies Need Simpler Terms of Servic… A Web Developer’s New Best Friend is the AI Wai…last_img read more

Playing coach Avenido carries Gamboa past Zark’s

first_imgLeo Avenido. PBA IMAGESLeo Avenido took matters into his own hands down the stretch as Gamboa Coffee Mix pulled off an 85-84 stunner over Zark’s Burger Thursday in the 2017 PBA D-League Foundation Cup at Ynares Sports Arena in Pasig.The 38-year-old playing coach drained the go-ahead freethrows with 3.1 seconds left to complete the Coffee Lovers’ comeback from 13-points down for their first win in the developmental league.ADVERTISEMENT MOST READ “It was hard because I’m not Jawo,” said Avenido, alluding to legendary Ginebra playing coach Robert Jaworski.“The ball just found me. As a veteran, I just did what I could to lift the morale of the players.”FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSMalditas save PH from shutoutSPORTSPrivate companies step in to help SEA Games hostingHe finished with 15 points, five rebounds, two assists, and two steals for Gamboa Coffee Mix, which battled back from an early 32-19 hole and unleashed a 32-point third quarter to close the gap to two, 68-66.Ken Acibar topped the Coffee Lovers with 17 markers and seven boards, while Jens Knuttel added 12 points, four dimes, and three rebounds. More than 5,000 measles deaths in DR Congo this year — WHO Pagasa: Kammuri now a typhoon, may enter PAR by weekend Lakers win 9th straight, hold off Pelicans Panelo suggests discounted SEA Games tickets for students PLAY LIST 01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes Don’t miss out on the latest news and information. Cayetano dares Lacson, Drilon to take lie-detector test: Wala akong kinita sa SEA Games ‘Coming Home For Christmas’ is the holiday movie you’ve been waiting for, here’s why South Korea to suspend 25% of coal plants to fight pollution Sports Related Videospowered by AdSparcRead Next Robby Celiz still tried to steal the victory, but his three-pointer fell way short as the Coffee Lovers’ defense clamped down on him as the buzzer sounded.The veteran swingman paced the Jawbreakers with 26 points on a 10-of-25 shooting from the field, while also hauling down nine rebounds and three assists.The Scores:GAMBOA COFFEE MIX 85 – Acibar 17, Avenido 15, Knuttel 12, Acuna 9, Sarangay 8, Padilla 7, Vidal 7, Arellano 6, Jumao-as 2, Montuano 2, Riva 0, Dadjilul 0.ZARK’S BURGER 84 – Celiz 26, Cayabyab 9, Mangahas 9, Argamino 8, Sheriff 8, De Leon 6, Ferrer 6, Bautista 5, Cudal 5, Juruena 2, Nalos 0.ADVERTISEMENT SEA Games: PH beats Indonesia, enters gold medal round in polo LOOK: Vhong Navarro’s romantic posts spark speculations he’s marrying longtime GF Air Force upsets Pocari to break seven-game skid Quarters: 17-29, 34-46, 66-68, 85-84.Gamboa playing coach Leo Avenido on his team’s first win.— Cedelf P. Tupas (@cedelfptINQ) May 25, 2017 LATEST STORIES View commentslast_img read more

India’s batswoman Mithali Raj scores 214 against England, sets new world record

first_imgMithali RajPlaying in her third test and the first against England, Mithali Raj, not yet 20, scored a scintillating 214 to set a new world record. “I crossed that mark nervously by scoring off the last ball bowled on the third day,” she recalls.Her score is the fifth double century,Mithali RajPlaying in her third test and the first against England, Mithali Raj, not yet 20, scored a scintillating 214 to set a new world record. “I crossed that mark nervously by scoring off the last ball bowled on the third day,” she recalls.Her score is the fifth double century in women’s Test cricket. The previous highest was by Australia’s Karen Rolton, who made 209 against England in Leeds last year.Raj received a standing ovation when the announcement was made at Taunton. Her classic knock, which included 19 boundaries and came off 407 balls in 598 minutes, enabled India make a record 464 runs in the first innings in reply to England’s 329. India had a lead of 135 runs in the four-day match that ended in a tame draw.There is nothing tame, however, in Raj’s achievement. Her innings makes her the first Indian woman to score a double century, improving on Sandhya Agarwal’s 190 against England at Worcester way back in 1986.Her partnership of 15 7 for the seventh wicket with Jhulan Goswami (62) is also a world record. Another first: Hyderabad has the honour of being home to the highest Test scorers in Indian cricket – V.V.S. Laxman’s 281 against Australia in Kolkata last year is still the best among men.The sweetest prize for Raj perhaps came from the team manager, who had promised 5 pound (Rs 370) for a century. She got 10 pound.Her father gives part of the credit to her former coach. “Mithali owes a lot to Sampath Kumar who died five years ago,” says Dorai Raj, who played for the Services.advertisementlast_img read more