Business Point Today

An international crowd had been gathering for days, camping in tents and trailers on a red, dusty plain on the edge of town with cameras and other viewing equipment pointed skyward. The sun and moon are photographed near Exmouth, Australia, during a solar eclipse on Thursday, April 20, 2023. JAKARTA: Under a cloudless sky, 20,000 eclipse chasers crowded a tiny outpost to watch a rare solar eclipse plunge part of Australia's northwest coast into brief midday darkness Thursday while temporarily cooling the tropical heat. The remote tourist town of Exmouth, with fewer than 3,000 residents, was promoted as one of the best vantage points in Australia to see the eclipse that also crossed remote parts of Indonesia and East Timor. An international crowd had been gathering for days, camping in tents and trailers on a red, dusty plain on the edge of town with cameras and other viewing equipment pointed skyward. NASA astronomer Henry Throop was among those at Exmouth cheering loudly in the...

 Shares of Indonesia's biggest technology company GoTo, which is backed by Abu Dhabi Investment Authority, surged 23 per cent on the first day of trading after the company raised $1.1 billion in an initial public offering on the Indonesia Stock Exchange on Monday, making it the third-largest listing in Asia and the fifth largest in the world so far this year. The company's shares on listing rose to 416 rupiah ($0.029) compared with the 338 rupiah IPO price, and closed the day up 13 per cent at 382 rupiah.GoTo offered 46.7 billion Series A shares, comprising newly-issued and treasury shares for the purpose of over-allotment. It raised $954.7 million in proceeds and $146.3m from treasury shares, giving the company a market capitalisation of approximately $28bn, GoTo said in a statement. Around 300,000 investors participated in the IPO, with the company allocating more than $20m in shares to its driver-partners as part of its Gotong Royong Share Programmes. All full-time employees...