Investing through ESG has been the biggest influence for U.S ETF business's growth at the end of 2019 that has increased 30% from 2018. It also affects the number of ETFs which increased 8% towards 2,302. On 2019, there are also nine mutual funds of ESG in the U.S that outperformed the Standard & Poor’s 500 Index and seven of them has beat their market benchmarks over the past 5 years. The top performer is Ave Maria Growth Fund ($878 million) followed by Calvert Equity Fund (

The President of the Republic of Indonesia, Joko Widodo, has announced the national capital will be moved from Jakarta to a region in East Kalimantan after a period of planning lawmaking. He told a press conference on Monday (29/8): “The government has conducted in-depth studies in the past three years and as a result of those studies the new capital will be built in part of North Penajam Paser regency and part of Kutai Kertanegara regency in East Kalimantan.” The government

The never ending US-China trade war cause global growth to slow and therefore, central banks around the world to simplify monetary policy. Investors seek assets with stable growth. With this condition, gold has surged above $1,500 an ounce, reaching its highest price since six years. China's central bank expanded its gold reserves for an eight consecutive month in July, causing the metal to increase as much as 2.6% per ounce since 2013. Not only that, the price of silver is

On Saturday morning, social platforms, mainly Twitter, was crowded with customer complaints regarding to their Mandiri balance accounts’ error. Some of them complained about the balance in their accounts to reduce drastically without any transactions. While others faced with increasing balance. It turns out that a number of Bank Mandiri services was having a glitch. Corporate Secretary of Bank Mandiri Corporation, Rohan Hafas, stated that the drastic change of balance in some

Facebook will attend two congressional hearings in the US Congress to evaluate and give their reasoning for releasing Libra, their newest financial project, a cryptocurrency which is in development by the company. In the planned hearing starting this Tuesday (16/7), Facebook’s Libra plans must refute major points from a lot of financial services commissions and finance ministers around the world, citing security problems and a lack of transparency as reasons for their outrag

As the US economic outlook turned volatile due to global and domestic conditions, The Federal Reserve Chair, Jerome Powell testified to Congress on Wednesday, July 10th, 2019, in which he stated that the Fed will cut the Fed rate and will choose expansive policies again. The ongoing trade war has pushed the US to raise tariffs and work its way around, hoping for a better wage growth, rising GDP, and better employment rate.  However, significant growth was not reached, with on

Today, Friday (28/6) and tomorrow, Saturday (29/6), the Group of 20 (20 countries with the biggest economies) will hold its annual summit in southern Japanese city of Osaka, Japan. The biggest topics at hand include the ongoing international trade tensions that has threatened an expected pick-up in economic growth this year and in 2020, especially since President Donald Trump of USA has said that he will talk with Xi Jinping, President of China about the ongoing trade conflic

Bali United F.C. is one of Indonesia’s soccer clubs based in Gianyar, Bali. Before being named Bali United F.C., it was formerly known as Persatuan Sepak Bola Indonesia Samarinda (Persisam). Due to several financial challenges, an Indonesian entrepreneur, Pieter Tanuri, took over the club and moved its location from Samarinda to Bali, thus the change of name to Bali United or also known as Serdadu Tridatu. Bali United F.C. went public or performed an IPO (Initial Public Offer

On Wednesday (12/6), hundreds of thousands of protesters filled the streets of Hong Kong as they oppose the amendment to the Hong Kong’s extradition law which was to be debated by lawmakers in a Legislative Council session this week. Overtime the impact of the protest are unpredictable, as for Thursday morning the situation had calmed down, but with little sign that either side will back down on the extradition bill, more protests are likely to arise. The extradition law stat

The Jakarta Composite Index (JCI) has stopped moving from Monday, June 3rd until Friday, June 7th as Indonesians celebrate Eid Al-Fitr and the market closes for the week and will begin to open on Monday (10/6). In relation, JCI in their last day of operations on Friday (31/5) before the Eid Al-Fitr week was steadily improving and closed for 1,72% to the level of 6.209,12. As the financial index stopped moving, it was projected that the index and Rupiah would have continued to