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JAKARTA, Indonesia (AP) — Indonesia’s electoral commission formally declared Prabowo Subianto president-elect in a ceremony on Wednesday, after the country’s highest court rejected challenges to his landslide victory lodged by two losing presidential candidates. Subianto, who is currently defense minister, won the election with 58.6% of the votes, or more than 96 million ballots, more than twice the amount received by either of the other two candidates. But his rivals alleged that his victory had depended on large-scale fraud and widespread state interference. Authorities blocked streets leading to the General Election Commission compound, where more than 4,200 police and soldiers...

JAKARTA, Indonesia (AP) — Indonesia’s electoral commission formally declared Prabowo Subianto president-elect in a ceremony on Wednesday, after the country’s highest court rejected challenges to his landslide victory lodged by two losing presidential candidates. Subianto, who is currently defense minister, won the election with 58.6% of the votes, or more than 96 million ballots, more than twice the amount received by either of the other two candidates. But his rivals alleged that his victory had depended on large-scale fraud and widespread state interference. Authorities blocked streets leading to the General Election Commission compound, where more than 4,200 police and soldiers...

Breadcrumb Trail LinksPMN WorldPMN NewsAuthor of the article:The Associated PressNiniek Karmini And Fadlan SyamPublished Apr 24, 2024  •  3 minute read You can save this article by registering for free here. Or sign-in if you have an account.Article contentJAKARTA, Indonesia (AP) — Indonesia’s electoral commission formally declared Prabowo Subianto president-elect in a ceremony on Wednesday, after the country’s highest court rejected challenges to his landslide victory lodged by two losing presidential candidates.Subianto, who is currently defense minister, won the election with 58.6% of the votes, or more than 96 million ballots, more than twice the amount...

These fast-growing businesses can fly above the market turbulence. Investing in growing companies is the easiest way to build wealth over the long term. Businesses that serve wide-open markets and validate that opportunity with above-average revenue growth should see their share prices rise more often than fall. There are no guarantees, but this rule of thumb usually checks out. Here are two businesses that entered the year with wind in their sails and that could see their stock prices rise further in 2024 and beyond. DraftKings Investing in companies that are riding fast-growing industries is a surefire way to find winners in the...

Consolidating all the information above into my model, I arrived at an FY 2024 weighted target price of ~$43 per share. This represents almost 16% upside from the current price of $37. I upgrade FROG to buy. Despite my conservative projection, FROG still delivers a solid upside, in my view. Nonetheless, the upside here also assumes FROG rebounding back to where it was before the pullback, which was right around $43, my target price. As such, I believe FROG may be oversold today. Conclusion As I highlighted in my previous coverage, FROG is a compelling...

Stay informed with free updatesSimply sign up to the Financial services myFT Digest -- delivered directly to your inbox.The writer is an FT contributing editorBritain is second only to the US as a centre for asset management. The business is fabulously profitable and employs tens of thousands in highly paid jobs. But the mood among traditional asset management executives has hardly been celebratory of late given the gale of headwinds they face.Private pension funds constitute half of the UK institutional market and the rise in bond yields since the pandemic is now delivering a double whammy to managers’ revenues....

DFW housing and macro econ analyst Amy Nixon explains what the spike in mortgage rates means for the housing market on ‘Making Money.’ Owning a home has long been considered the main pillar of the American dream, but the vast majority of aspiring homeowners in the U.S. say they simply cannot afford it. A new survey released by Bankrate Wednesday found 78% of would-be homebuyers cited financial factors when asked what was holding them back from making a purchase. The latest survey from Bankrate found seven out of 10 would-be homebuyers...

Welcome to another episode of The Tim Ferriss Show, where it is usually my job to sit down with world-class performers of all different types to tease out the habits, routines, favorite books, and so on that you can apply and test in your own life. This time, we have a very special episode I recorded with my close friend Kevin Rose at SXSW in Austin, Texas!This week is officially the podcast’s 10-year anniversary, and there is no better way to commemorate such a wild milestone than with Kevin Rose and a little tequila. As many listeners know, Kevin was...

Digital twin platform Matterport has agreed to be acquired by one of its customers, CoStar, in a cash-and-stock deal of $5.50 per share that gives it an enterprise valuation of about $1.6 billion. Matterport’s tech helps companies create digital replicas of physical spaces. CoStar’s offer represents a premium of a whopping 212% over Matterport’s last closing share price before the deal was announced on April 22. The deal looks like a fortunate turn of events for Matterport, whose shares had been trading below the $5 mark since August 2022 as the company struggled to meet investors’ expectations for subscriber growth amid...

The deodorant of the future might be possible thanks to viruses that hunt down stink-making bacteria. Scientists in Japan believe they’ve discovered a chemical weapon sourced from bacteriophages that can target a species of bacteria known for contributing to body odor emitted by our armpits.The Best Things You Didn’t Know Your Switch Could DoOur sweat starts out odorless, but when certain skin bacteria start feeding on sweat, they can break down some of its ingredients into foul-smelling chemicals. Researchers at the Osaka Metropolitan University wanted to get a better understanding of how this process occurs and the major players...

Microsoft has unveiled its latest light AI model called the Phi-3 Mini designed to run on smartphones and other local devices, it revealed in a new research paper. Trained on 3.8 billion parameters, it's the first of three small Phi-3 language models the company will release in the near future. The aim is to provide a cheaper alternative to cloud-powered LLMs, allowing smaller organizations to adopt AI.According to Microsoft, the new model handily outperforms its previous Phi-2 small model and is on par with larger models like Llama 2. In fact, the company says Phi-3 Mini provides responses close...

While expensive, the Magic Keyboard is a solid accessory for your iPad. But I have some problems with it. You're severely limited in terms of the angles you can prop your iPad up, which can make for an uncomfortable viewing experience. You also don't get a row of Function keys, which would come in handy nowadays considering how robust iPadOS has become. Plus, it adds a lot of thickness and weight to your iPad, something you feel especially if you own the 12.9-inch model.Also: The best iPad Pro keyboard cases of 2024For the next iPad Pro, I'd...

SpaceX has been launching and landing rockets since 2015, though admittedly some of those early touchdowns didn’t go as planned and ended in a ball of flames. These days, the landing process has been pretty much perfected, and on Tuesday evening the spaceflight company achieved its 300th successful first-stage touchdown. SpaceX CEO Elon Musk congratulated his team for achieving the feat. Tuesday’s mission to deploy 23 Starlink satellites in orbit got underway from the Kennedy Space Center in Florida at 6:17 p.m. ET. SpaceX live streamed the milestone mission on social media:Engines full power and liftoff! pic.twitter.com/FeW78mZio2 — SpaceX (@SpaceX) April 23,...