10:39 am September 30, 2014 | No Comment
The House of Representatives passed on Monday the 2015 Indonesian state budget, which caps the budget deficit at 2.21 percent of the gross domestic product from 2.5 percent of GDP this year in order to reduce government debt issuance.
9:04 am September 30, 2014 | No Comment
The Federal Reserve will likely start raising interest rates in mid-2015, but so slowly that rates will end the year at just 0.55 percent, according to a San Francisco Fed study of betting in futures markets released on Monday.
6:41 pm September 29, 2014 | No Comment
China will begin direct trading between its yuan currency and the euro starting on Tuesday, the national foreign exchange market’s operator said, as Beijing seeks to broaden the unit’s global usage.
6:30 pm September 29, 2014 | No Comment
When UK Prime Minister Tony Blair became the first leader of a major economy to meet Russia’s new president in March 2000, Vladimir Putin couldn’t have been more gracious.
6:24 pm September 29, 2014 | No Comment
Mario Draghi’s strategy for reviving the euro area looks like devaluation.
6:15 pm September 29, 2014 | No Comment
Indonesia’s annual inflation rate probably rose in September after being on a downward trend since May, a Reuters poll showed.
6:05 pm September 29, 2014 | No Comment
Indonesia’s parliament on Monday approved a state budget that President-elect Joko Widodo does not like but cannot change until early next year to fund his programs.
1:03 pm September 29, 2014 | No Comment
The House of Representatives' passage of the bill to end direct elections of regional leaders — including governors, mayors and district heads — would be negative for the rupiah, Malayan Banking said in a note to clients on Monday.
11:09 am September 29, 2014 | No Comment
Jakarta. Automotive companies racked up a total of Rp 5.39 trillion ($448 million) in sales from the 22nd Indonesia International Motor Show, one of the biggest annual automotive exhibitions in the country, according to an executive at the organizer last week. Freddy Sutrisno, a senior adviser at the Association of the Indonesian Automotive Industry (Gaikindo) […]
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