Indonesia Stock Markets News
Rupee off 1-month lows on suspected cbank intervention
The Indian rupee gained on Friday, rebounding from a one-month low hit earlier in the session, after the central bank was suspected of having intervened to prevent a bout of risk aversion hitting Asian currencies from also enveloping India. The Reserve …
JCI gets off to good start on first day of trading in 2014
Good start: A trader uses his cell phone as he walks in front of a giant stock monitor at the Indonesia Stock Exchange (IDX) in Jakarta on Thursday. The IDX resumed activities on Thursday with the composite index up 1.24 percent to 4,327,26 on the first …
Obama's Other Big Lie
"We will keep this promise to the American people: If you like your doctor you will be able to keep your doctor. Period. If you like your healthcare plan, you will be able to keep your healthcare plan. Period." (Barack Obama, June 15, 2009, with …
Three Companies Aim to Raise Combined $19.5m in IPOs
Three companies began selling their shares in initial public offerings today, aiming to raise Rp 237.7 billion ($19.5 million) in combined proceeds. Capitol Nusantara Indonesia, Bank INA Perdana and Asuransi Mitra Maparya are the first group of companies …
Emerging-Market Stocks Retreat With Copper as Gold, Yen Advance
Jan. 3 (Bloomberg) -- Emerging-market stocks fell, sending the benchmark index to a seven-week low, and industrial metals declined after a gauge of China's service industries dropped. U.S. equity-index futures slipped, while gold rose with the yen. The …
New works lag behind demand
Several key infrastructure projects will start operating this year, but their capacities will not meet soaring demand. The government is aiming to begin the operation of dozens of coal-fired power plants with a combined capacity of 4,250 megawatts (MW), …
Europe Index Futures Drop With Asia Stocks as Yen, Gold Advance
Jan. 3 (Bloomberg) -- European and U.S. stock-index futures dropped while Asian shares declined the most in six weeks after a gauge of China's service industries fell. Emerging-market currencies slid as the yen rallied with gold. Euro Stoxx 50 Index …
India seems to be never able to fulfil its economic potential
India's poor public finances, weak international position, structurally flawed businesses, poor infrastructure, corruption and political atrophy threaten to overwhelm its future prospects Satyajit Das India seems to be never able to fulfil its …
Rupee falls from two-week high against dollar as PMI drops
Mumbai: The Indian rupee fell following cues from the equity markets after data showed the country's manufacturing remained sluggish in December. The domestic currency closed at 62.2675, down 0.58% from its previous close of 61.905. The rupee had opened …
Sensex continues to decline, drops 71 points
MUMBAI: The benchmark S&P BSE sensex dropped further by 71 points in morning trade today on selling pressure in capital goods, metal and power counters coupled with lower Asian shares and overnight decline in US stocks. However, shares in IT and teck …
AKR aims for Rp 3.2t from sales of industrial estate
Petroleum and chemical distributor PT AKR Corporindo expects to reap about Rp 3.2 trillion (US$262.76 million) from marketing the first phase of its 1,700-hectare integrated industrial and port estate in Gresik, East Java. The company plans to start sales …
Asia Stocks Fall While Credit Risk Climbs as Gold Gains With Yen
Jan. 3 (Bloomberg) -- Asian stocks dropped, with a regional index headed for its biggest loss in six weeks, and credit risk increased after a gauge of China's service industries fell. The yen climbed with gold while emerging-market currencies weakened. …
Asian Stocks Drop While Credit Risk Climbs With Precious Metals
Jan. 3 (Bloomberg) -- Asian stocks fell, with a regional index headed for its biggest drop in six weeks, and credit risk increased as Chinese services data fueled concern the economy is slowing. Emerging-market currencies weakened, while gold rose. The …
Indonesian Stocks Start on Strong Note With Trade Surplus Report
Vice President Boediono, third from left, opens trading at the Indonesia Stock Exchange (IDX) on Thursday. He is flanked, from left, by IDX director Ito Warsito, Coordinating Minister for the Economy Hatta Rajasa, and Financial Services Authority (OJK) …
Indonesia Stock Exchange Expects 15 IPOs in H1
The Indonesia Stock Exchange (IDX) on Thursday announced that it expected some 15 companies to list on the bourse during the first half of 2014. Ito Warsito, the president director of the IDX, said that the bourse's target for the entire year stood at 30, …
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