4:55 am September 20, 2014 | No Comment
Bank of Japan Governor Haruhiko Kuroda said on Friday he saw no problem with recent currency moves as the dollar scaled a six-year high versus the yen due to growing expectations of higher interest rates in the United States.
8:27 pm September 19, 2014 | No Comment
Representatives of China’s Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone met with Indonesian companies in Jakarta on Friday to introduce investors to the free-trade area expected to become China’s international hub for modern services.
7:59 pm September 19, 2014 | No Comment
Indonesia will increase the amount of cattle that it imports from Australia in the fourth quarter in order to build up stocks for the first quarter next year, as it braces for a demand surge from other cattle-importing countries in the near future, a Trade Ministry official said.
8:17 am September 19, 2014 | No Comment
Japan’s government cut its overall economic assessment for the first time in five months as private consumption is struggling to recover from the slump caused by April’s sales tax hike, clouding the outlook for a sustained recovery.
7:20 pm September 18, 2014 | No Comment
The rupiah broke through the 12,000 level on Thursday amid a strengthening dollar after the US Federal Reserve indicated that interest rates may increase at the end of next year.
6:20 pm September 18, 2014 | No Comment
Finance ministers from the Group of 20 nations meet in Cairns this weekend as they grapple with how to achieve a lift in global growth by 2 percent while being held back by a sickly euro zone recovery.
4:33 pm September 18, 2014 | No Comment
Indonesia’s new government plans to hike the price of subsidized fuel by as much as Rp 3,000 (26 cents) per liter by November to reduce its budget deficit and allocate more funds for fixing its infrastructure bottlenecks, policymakers said on Thursday.
4:00 pm September 18, 2014 | No Comment
Indonesia’s central bank on Thursday introduced a set of rules for foreign exchange trading in a bid to encourage more derivative trading and deepen the market.
10:29 pm September 17, 2014 | No Comment
Indonesian car and motorcycle sales are expected to plateau next year amid concerns that the country’s economy growth will remain sluggish, according to the nation's biggest automobile distributor.