Indonesia Stock Markets News
Thai Election Body Urges Delay in Polls Amid Strife
BANGKOK — After chaotic clashes between the police and antigovernment protesters in Bangkok on Thursday that left one police officer dead and dozens of people injured on both sides, the Election Commission of Thailand urged the postponement of national …
BSD Expects 2014 Sales to Slow Down
Bumi Serpong Damai, a property developer that forms part of Sinar Mas Group, estimates marketing sales growth to slow in 2014 as the overall property sector is likely to feel the pinch of stricter regulations on money lending for property ownership. Lie …
Sekar Bumi Setting Aside $19m for 3 New Plants
Surabaya. Sekar Bumi, a producer and distributor of frozen food products, plans to set aside Rp 230 billion ($19 million) in capital expenditure in 2014 to help finance the development of three new factories in Java and Bali. Next year's spending will be …
Merger Between XL Axiata, Axis to Happen Early in 2014
XL Axiata will merge with its acquisition target Axis Telekom Indonesia early next year as soon as it gains the approval from regulatory authorities. In a statement filed to the Indonesia Stock Exchange (IDX) on Monday, XL Axiata, the country's …
Thai stocks falter amid poll delay risk; others up
BANGKOK (Dec 26): Thai stocks slipped to near four-month lows on Thursday as a recommendation by the Election Commission for a poll delay added to the domestic political risk while others in Southeast Asia posted modest gains in a holiday-thinned session. …
Dollar rises to five-year high against yen in Asia
TOKYO: The dollar rose to a five-year high against the yen in Asian trading Thursday on the back of strong Japanese share prices in a thin holiday market. The greenback rose to 104.85 yen in early trade, its highest since October 2008, before settling at …
Thai Election Body Urges Delay in Polls Amid Violence
Rungroj Yongrit/European Pressphoto Agency Antigovernment protesters outside Bangkok's Thai-Japanese Stadium hurl rocks at riot policemen. BANGKOK — After chaotic clashes between the police and antigovernment protesters in Bangkok Thursday that left …
UAE blue chip firms increase footprint abroad
Amid strong economic backwind in their home market United Arab Emirates (UAE), major market heavyweights listed on stock markets in Dubai and Abu Dhabi seek additional returns through expanding globally and through luring foreign investors. Earlier in the …
Most Emerging Stocks Rise as Material Producers Gain; Baht Drops
Dec. 26 (Bloomberg) -- Most emerging-market equities climbed, led by an advance in raw-material producers. Thai stocks and the baht slumped, while China's benchmark index snapped a three-day gain. Posco, South Korea's largest steelmaker, advanced 1.4 …
Asian Markets Mostly Trade Higher
Asian stock markets are mostly trading higher on Thursday, with investors picking up stocks amid renewed optimism about the global economy on the back of recent encouraging data from the U.S., Europe and parts of Asia. However, with some of the markets in …
Business 2013
The recovery has been slow and halting. Photograph: Toru Hanai/Reuters Five years after the collapse of Lehman Brothers almost tipped the global economy into the abyss, the recovery has been slow and halting. But this year saw more signs that a corner …
The business year in review: the signs of recovery
The recovery has been slow and halting. Photograph: Toru Hanai/Reuters Five years after the collapse of Lehman Brothers almost tipped the global economy into the abyss, the recovery has been slow and halting. But this year saw more signs that a corner …
Indonesia's financial authority processing 13 IPO proposals
Jakarta (ANTARA News) - The Financial Service Authority (OJK) said it is processing proposals of 13 listed companies planning to float more shares at the Indonesian Stock Exchange. OJKs chief executive of capital market supervision Nurhaida said the 13 …
PSE named best stock exchange in Southeast Asia
MANILA, Philippines - The Philippine Stock Exchange (PSE) was named the region's best in the 7th Annual Alpha Southeast Asia Best Solution and Deal Awards for 2013. The PSE received the Marquee Award for the Best Stock Exchange in Southeast Asia, in …
PH bourse named best stock exchange in SE Asia
The Philippine Stock Exchange is the "Best Stock Exchange in Southeast Asia," according to institutional investment magazine Alpha Southeast Asia, which recently conferred the "Marquee Award" to the local bourse. Awarding ceremonies are scheduled during …
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