Indonesia Stock Markets News
Market Vectors Announces Launch of Factor-Based Family of Exchange Traded Funds
Market Vectors Announces Launch of Factor-Based Family of Exchange Traded Funds Four ETFs, tracking indices from MSCI, will focus on Quality and Quality Dividends in International (ex-US) and Emerging Market equities Market Vectors ETF Trust today …
Proposal to Merge Pertamina and PGN Rebuked
Airlangga Hartarto, head of an association for the country's publicly listed companies, rebuked the government's proposal for a merger between state energy company Pertamina and the nation's gas distribution firm, Perusahaan Gas Negara. Airlangga, …
Welcome MINTs to global spotlight
All news Welcome MINTs to global spotlight January 23, 2014 First it was the BRICs, now it's the MINTs. Former Goldman Sachs economist Jim O'Neill who coined the term BRICS to refer to the emerging markets of Brazil, Russia, India, China and, …
Markets Live: Soft Chinese data weighs
5:04pm: Shares, particularly mining stocks, fell heavily after an early indicator of activity in China's factories during January showed the manufacturing sector contracting for the first time in six months, suggesting a faster than expected decline in …
Markets Live: Soft Chinese data brings out sellers
5:04pm: Shares, particularly mining stocks, fell heavily after an early indicator of activity in China's factories during January showed the manufacturing sector contracting for the first time in six months, suggesting a faster than expected decline in …
PetroVietnam Fertilizer Plans to Build Plant and Sell Shares
(Updates share price in 15th paragraph.) Jan. 23 (Bloomberg) -- PetroVietnam Fertilizer & Chemicals Corp. plans to invest $230 million in adding and diversifying production to boost revenue as its parent considers selling shares in Vietnam's …
Indonesia stock exchange sets minimum free-float shares at 7.5 pct
JAKARTA (Jan 23): Indonesia's stock exchange on Thursday set the minimum amount of shares to be released to the public at 7.5 percent of the paid-up capital, in an effort to increase market liquidity and trading volume. The regulation of minimum …
Mostly up; Thai index recovers to near 4-wk high; Singapore down
(Jan 23): Thai shares recovered strongly on Thursday to a near four-week high on foreign buying as the capital Bangkok returned to calm after weeks of political unrest, while other Southeast Asian markets mostly ended firmer though Singapore …
Nickel Asia sees price, not volume, gains on Indonesia ban
SYDNEY – Philippine nickel ore producer Nickel Asia Corp. is seeing a jump in inquiries after neighbor Indonesia banned ore exports this month, but is sold out and expects to benefit from the ban through higher prices, senior executives said. Indonesia …
RHB IB 'very stable and well diversified'
KUALA LUMPUR (Jan 23,2014): RHB Investment Bank Bhd (RHB IB), the largest investment bank in Malaysia by assets, is "very stable and well diversified", according to its managing director and CEO Mike Chan Cheong Yuen, responding to the move by …
Falling Dollar Is a Tonic for Newcrest
By Rhiannon Hoyle SYDNEY-- Newcrest Mining Ltd. has been buffeted by headwinds ranging from a slumping gold price to a regulatory probe into its disclosure practices. Now, the US$6.2 billion-valued gold miner is getting a helping hand--from the weakening …
BRI expects slower growth in profits in 2014
Publicly listed Bank Rakyat Indonesia (BRI) is eyeing net-profit growth of up to 12 percent this year to Rp 23.7 trillion (US$1.95 billion) on the back of a growing micro-loan sector, it announced in Jakarta on Wednesday. Achmad Baiquni, BRI finance …
CSU Channel Islands economist Sohn optimistic but cautious
Photo by Juan Carlo, Ventura County Star JUAN CARLO/THE STAR CSU Channel Islands economist Sung Won Sohn gets ready to make his presentation at the ACG 101 monthly meeting at the Westlake Village Inn Wednesday His economic outlook covered the world, the …
PetroVietnam Fertilizer to Build Plant and Sell Shares, CEO Says
Jan. 23 (Bloomberg) -- PetroVietnam Fertilizer & Chemicals Corp. plans to invest $230 million in adding and diversifying production to boost revenue as its parent considers selling shares in Vietnam's fourth-biggest manufacturer by market value. …
Philippines Nickel Asia Sees Price, Not Volume, Gains on Indonesia Ban
Philippine nickel ore producer Nickel Asia is seeing a jump in inquiries after neighbor Indonesia banned ore exports this month, but is sold out and expects to benefit from the ban through higher prices, senior executives said. Indonesia halted exports of …
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