Asian markets tumbled on Monday following a surprisingly poor batch of economic data out of China, while revised Japanese figures showed 2013 growth was slower than expected.
Indonesia's annual retail sales in January grew 28.4 percent from a year earlier, their fastest pace since July, spurred by information and telecommunication equipment, a Bank Indonesia survey showed on Monday.
The amount of debt globally has soared more than 40 percent to $100 trillion since the first signs of the financial crisis as governments borrowed to pull their economies out of recession and companies took advantage of record low interest rates, according to the Bank for International Settlements.
South Korea's pioneering mobile messaging apps have taken their oversized emoticons to Indonesia, intent on breaking the dominance of BlackBerry BBM messaging service in one of the world's most active social media markets.
Goldman Sachs is sticking with its recommendation to buy Chinese stocks, the biggest losers worldwide this year, after valuations fell to the lowest level in a decade versus global peers.
Berlin. Qatar Airways and Emirates Airline have defended their policies on pregnancy and marriage for cabin crew after the Qatar carrier came under fire over its working conditions. The International Transport Workers’ Federation (ITF) is running a campaign against Qatar Airways over its monitoring of staff and rules preventing women from becoming pregnant and getting more »
Coca-Cola Bottling Indonesia isn’t spared from the country’s notorious red tape — becoming instead a symbol of the bureaucratic hurdles that hold back foreigners from investing in this country.
Indonesia will maintain its policy on taxing exports of mineral ores, Deputy Finance Minister Bambang S. Brodjonegoro says, reminding the mining industry of its commitment to build smelters.
Krakatau Steel, a state-controlled steel maker, expects production from its joint venture unit, Krakatau Posco, to help reduce costs and mitigate risks of a weakening rupiah.