7:00 pm May 22, 2015 | No Comment
After pulling off the rare defeat of an activist investor, DuPont Chief Executive Officer Ellen Kullman has emerged as the new corporate champion of the value of long-term research over short-term profits.
6:42 pm May 22, 2015 | No Comment
UBS Group, in its bid to escape US criminal charges of manipulating currency markets, turned to “the godfather of leniency.”
6:06 pm May 22, 2015 | No Comment
The Greek economy risks being more a submerging market than an emerging market.
5:58 pm May 22, 2015 | No Comment
Janet Yellen is haunted by the taper tantrum as the Federal Reserve lays the groundwork for its first interest-rate increase in almost a decade.
4:04 pm May 22, 2015 | No Comment
Companies the world over have used interest payments to shrink their tax bills for decades. Indonesia, faced with record private debt, is trying something different.
3:52 pm May 22, 2015 | No Comment
Japan’s foreign investments and assets climbed to a record in 2014, keeping it in front of China and Germany as the world’s top creditor nation.
2:03 pm May 22, 2015 | No Comment
Bank Rakyat Indonesia, the nation’s second-largest lender by asset, seeks to boost its income from remittance fees by 25 percent this year in a move to increase its bottom line. Fees from remittances contributed Rp 20 billion ($1.5 million) to the bank’s fee-based income in the first quarter of 2015.
10:47 am May 21, 2015 | No Comment
Four major banks pleaded guilty on Wednesday to trying to manipulate foreign exchange rates and, with two others, were fined nearly $6 billion in another settlement in a global probe into the $5 trillion-a-day market.
10:33 am May 18, 2015 | 2 Comments
CIMB, one of Malaysia’s biggest financial institutions, is set to begin laying off some of its employees in Indonesia this month in an effort to trim operational costs and improve efficiency amid slower growth in its local affiliate, CIMB Niaga.
12:42 pm May 13, 2015 | 1 Comment
State-controlled lender Bank Mandiri disbursed Rp 3 trillion ($227 million) in loans for state-owned seaport operator Pelabuhan Indonesia IV, to expand its activities in the eastern part of Indonesia, the lender said in a statement on Tuesday.
12:19 pm May 13, 2015 | No Comment
Private insurance company Allianz Indonesia saw an increase in its gross premium income last year at its micro-insurance unit as it boosted the number of clients, the company said in a statement on Tuesday.
3:47 pm May 12, 2015 | No Comment
Foreign-exchange managers are back in vogue.
3:01 pm May 11, 2015 | No Comment
Bank Rakyat Indonesia Agroniaga, which is controlled by state-owned Bank Rakyat Indonesia, set to raise as much as Rp 558 billion ($43 million) in a new shares sale in July to support its financing activities this year.
11:21 am May 11, 2015 | No Comment
Global investment banks are scrambling to get a piece of the action from India's booming technology start-ups, having missed out on the initial flurry of dealmaking to their better-connected but much smaller domestic rivals.