11:18 am November 21, 2014 | No Comment
Nigeria will have to adjust to oil prices heading lower for some time to come, Finance Minister Ngozi Okonja-Iweala said on Thursday in an interview in which she also cut the outlook for economic growth next year.
9:54 am November 21, 2014 | No Comment
The rupiah headed for its first weekly gain in a month and bonds advanced after President Joko Widodo cut fuel subsidies and the central bank raised interest rates to soften the inflationary impact.
9:44 am November 21, 2014 | No Comment
San Francisco Federal Reserve President John Williams said on Friday that very low growth with very low interest rates was a concern globally.
8:59 am November 21, 2014 | 1 Comment
Indonesia has unveiled ambitious targets to triple geothermal power output this decade, introducing a series of land and regulatory reforms aimed at becoming the world's largest producer of the fossil fuel alternative.
8:30 am November 21, 2014 | No Comment
Indonesia improved seven notches to become the 25th most talent competitive country among 60 economies surveyed by the International Institute for Management Development for the year 2014, on the back of the country’s improving ability to develop, attract and retain talent.
4:41 pm November 20, 2014 | No Comment
Profit-taking and queasiness about the rules blighted trading via the Shanghai-Hong Kong stock connect this week after a brisk first day when mostly hedge funds and private banks snapped up all the available mainland shares within hours.
3:44 pm November 20, 2014 | No Comment
Some of the biggest price moves in gold since late October have, unusually, occurred in Asian hours and traders more accustomed to following the lead of their Western counterparts suspect a big increase in algorithmic trading may be to blame.
3:14 pm November 20, 2014 | No Comment
A new age of abundant and cheap energy supplies is redrawing the world’s geopolitical landscape, weakening and potentially threatening the legitimacy of some governments while enhancing the power of others.