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Indonesia Stock Market Called Lower On Tuesday
(RTTNews) - The Indonesia stock market on Monday snapped the two-day slide in which it had fallen almost 75 points or 1.5 percent. The Jakarta Composite Index now sits just above the 5,125-point plateau although it figures to see renewed selling pressure again on Tuesday. The global forecast for the Asian markets is soft on doubts for stimulus to combat the rising number of coronavirus cases. The European and U.S. markets were down and the Asian bourses are expected to follow suit. The JCI finished modestly higher on Monday following gains from the financial shares and resource stocks. For the day, the index gained 22.92 points or 0.45 percent to finish at 5,126.33 after trading between 5,090.78 and 5,128.65. Among the actives, Bank Danamon Indonesia advanced 0.83 percent, while Bank Mandiri rallied 2.24 percent, Bank CIMB Niaga climbed 1.32 percent, Bank Negara Indonesia perked 1.66 percent, Bank Rakyat Indonesia collected 0.92 percent, Bank Central Asia spiked 2.43 percent, Astra International was up 1.42 percent, Indosat gained 0.98 percent, Indocement added 0.85 percent, Indofood Suskes gathered 1.06 percent, Astra Agro Lestari skidded 1.14 percent, Aneka Tambang skyrocketed 12.23 percent, Vale Indonesia soared 4.04 percent, Timah surged 6.83 percent and Bukit Asam,
Tasting menus gaining popularity at NYC eateries amid COVID-19
Tasting menus are having a moment that’s being aided by the pandemic. Once the domain of the most exclusive restaurants, elaborate preset courses have been going mainstream for a few years now. But the trend appears to be gaining speed as struggling restaurateurs look for more cost-effective ways to please customers who want to find experiences that will make dining out during a pandemic worth their while. At the high end of this trend is Per Se, which rose to fame on its pricy tasting menu when it burst on the scene in 2004. Despite charging its prepandemic price of $355 per person in the midst of an economic downturn, the Columbus Circle restaurant was packed on its Oct. 15 reopening, according to chef and owner Thomas Keller. And reservations are “pretty full” through November, he said. “People want to experience life like it was before COVID. We are all searching for that restorative nature,” said Keller, who served 76 diners on opening night in a room that seats 40 people at 25 percent capacity. “It is wonderful to see people celebrating life and for us to be able to bring back staff and support the farmers and fishermen —
'For heaven rest us, we're not Asbestos': Canadian town chooses new name
TORONTO (REUTERS) - Residents of the town of Asbestos in the Canadian province of Quebec have voted to rename their community in a move to distance it from the once-ubiquitous mineral now recognised as being extremely poisonous and linked to lung and other cancers. The town, formerly home to one of the world's largest asbestos mines, voted 51.5 per cent in favour of changing its name to Val-des-Sources over five other options, according to results announced on Monday (Oct 19) from a four-day referendum. "It's a name that represents our area, and especially, it's inspiring for the future," the town's mayor, Hugues Grimard, said on Monday. The new name, which means Valley of the Sources in English, refers to the community's location at the confluence of three lakes and represents "the fusion of our history and our roots,"according to the town's description. Residents of Asbestos, 150km east of Montreal and home to about 7,000 people, concluded the balloting on Sunday, with anyone over the age of 14 allowed to vote, the town said. The town council approved the name on Monday night, although the change has several bureaucratic hoops to jump through.
Nine Network's news chief charged with drink-driving
"Last Friday evening, I stupidly jumped behind the wheel of my car drunk and attempted to drive home. I was pulled over by police in Willoughby and tested positive to high range drink driving, more than four times over the legal limit. I was subsequently charged and will soon face court to pay for my actions." Mr Wick said the charge made him realise he is an alcoholic and that was struggling to control his addiction. "I am taking immediate steps to get help and deal with my problems. I know I need to change my life. I have already begun to get the professional help and advice I know I need," he said. "I am sharing this with you so you can learn from my poor judgement. I want to make this right. If any of you are considering making the same kind of decision I did, please don’t. Don’t risk it and if you think you have a problem, get help." Wick has been running the news division for the television network since 2012. He will remain in his role as news director but said he may take more time out of Nine's offices in the next
China Stock Market May Take Further Damage On Tuesday
(RTTNews) - The China stock market headed south again on Monday, one session after it had ended the two-day losing streak in which it had retreated almost 30 points or 1 percent. The Shanghai Composite Index now sits just above the 3,310-point plateau and the losses may accelerate on Tuesday. The global forecast for the Asian markets is soft on doubts for stimulus to combat the rising number of coronavirus cases. The European and U.S. markets were down and the Asian bourses are expected to follow suit. The SCI finished modestly lower on Monday as losses from the energy producers were mitigated by support from the financials and mixed performances from the insurance stocks and properties. For the day, the index lost 23.69 points or 0.71 percent to finish at 3,312.67 after trading between 3,307.84 and 3,371.09. The Shenzhen Composite Index shed 15.91 points or 0.70 percent to end at 2,249.53. Among the actives, Industrial and Commercial Bank of China collected 0.60 percent, while Bank of China rose 0.31 percent, China Construction Bank jumped 1.87 percent, China Merchants Bank added 0.53 percent, Bank of Communications fell 0.22 percent, China Life Insurance gained 0.75 percent, Ping An Insurance eased 0.18 percent,
