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.
8:13 pm September 17, 2014 | No Comment
The government issued on Wednesday a set of guidelines that it says will provide clear terms for state-owned enterprises to enter foreign-exchange hedging transaction, in a bid to maintain the rupiah exchange rate and financial system stability.
8:04 pm September 17, 2014 | No Comment
Asia’s billionaires led by Chinese tycoons enjoyed the fastest increase in their wealth this year compared to their peers in the rest of the world, a report said Wednesday.
4:23 pm September 17, 2014 | No Comment
Indonesia’s financial authority said that foreign investors remain confident with the nation’s economy despite the recent sell-off in bonds and stocks and a weakened rupiah amid concerns about the global economy.