5:40 pm March 26, 2015 | No Comment
Fund managers and foreign investors are bailing out of Indonesian stocks as worries grow that a perfect storm of a sliding rupiah, record levels of foreign debt and rising import costs could bring some businesses to their knees.
5:09 pm March 26, 2015 | 1 Comment
Flush with cash transfers from the state-controlled Hajj fund, Indonesia’s Islamic banks see loan growth tripling in 2015 as interest-rate cuts spur demand.
10:33 pm March 25, 2015 | 2 Comments
Financial and capital markets publisher FinanceAsia has named Indonesian Finance Minister Bambang Brodjonegoro one of the best finance ministers in Asia.
10:29 pm March 25, 2015 | No Comment
Indonesia’s big, state-run banks are counting on government-led infrastructure projects to revive flagging loan growth as they reduce credit lines to the risky commodities sector and as local businesses delay expansion plans.
5:58 pm March 25, 2015 | No Comment
Inflation showed signs of stirring in February, signaling an improving US economy is starting to give companies the ability to charge more.
5:01 pm March 25, 2015 | No Comment
A record high yield premium for offshore yuan debt and Asia’s strongest currency rally are attracting investors back to Dim Sum bonds traded in Hong Kong.
6:18 pm March 24, 2015 | No Comment
US Federal Reserve Vice Chairman Stanley Fischer said raising interest rates from near zero “likely will be warranted before the end of the year” and subsequent increases probably won’t be uniform or predictable.
5:33 pm March 24, 2015 | No Comment
European banks will offload $109 billion of unwanted loans this year to cut costs and restructure their balance sheets, according to a report by PricewaterhouseCoopers.
6:49 pm March 23, 2015 | No Comment
Norway’s wealth fund is making final preparations for its first Asian real estate investment as it builds a portfolio of properties in the world’s biggest cities.
6:38 pm March 23, 2015 | No Comment
China is considering sweeping changes to its securities industry that would allow foreign banks to control their local joint ventures and broaden their offerings, said people with knowledge of the matter.
5:26 pm March 23, 2015 | No Comment
Chinese developers are planning to eschew the offshore market and borrow more money onshore this year thanks to lower funding costs and improved liquidity on the back of government easing measures.