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.
11:08 pm September 16, 2014 | No Comment
Jakarta. Indonesian stocks fell on Tuesday as the rupiah continues to depreciate against the US dollar. An absence of positive sentiment has caused investors to be wary of putting huge bets on local stocks. The Jakarta Composite Index (JCI) fell 0.3 percent, or 14.39 points, to 5,135.5 on Tuesday. Some 4.35 billion shares, worth Rp […]
8:33 am September 16, 2014 | No Comment
Chinese investors, left out of Alibaba Group Holding’s US initial public offering, are piling into the next-best thing. The seven mainland-traded companies that either sold stakes to Alibaba or have partnerships with the e-commerce business have rallied 15 percent on average over the past month, beating the Shanghai Composite Index by 10 percentage points, data compiled by Bloomberg and GF Securities show.
7:49 pm September 11, 2014 | No Comment
Indonesian stocks fell Thursday as the country’s central bank held key interest rates steady for a tenth consecutive month.
10:01 am September 11, 2014 | No Comment
The rupiah fell to a one-month low before a Bank Indonesia policy review amid concern the Federal Reserve will raise US borrowing costs next year, damping demand for emerging-market assets.
7:07 pm September 9, 2014 | No Comment
Jakarta Markets Roundup Jakarta. Indonesian stocks took a slight tumble on Tuesday as investors cashed in gains earned during the all-time high recorded during the previous trading day. Adaro Energy and Aneka Tambang led the 0.9 percent decline. The Jakarta Composite Index (JCI) lost 49.36 points to 5,197.11 on Tuesday, its lowest level since the […]
2:54 pm September 9, 2014 | No Comment
With returns on government bonds at rock-bottom prices, sovereign wealth funds are muscling into stock markets and other higher-yielding assets like real estate at a rate that private investors warn could destabilize the world economy.