10:36 pm March 24, 2015 | No Comment
Indonesian stocks eked out small gains on Tuesday amid a rise in the rupiah and selective buying in large-caps while other Southeast Asian stock markets were flat-to-weaker after a measure of Chinese factory activity came weaker than expected.
2:16 pm March 5, 2015 | 2 Comments
Indonesia’s rupiah hit a near 17-year low on Thursday, leading losses among emerging Asian currencies, as the dollar rose to a fresh 11-year high ahead of the launch of quantitative easing by the European Central Bank.
2:01 pm March 5, 2015 | 1 Comment
The weakening of the rupiah is the top concern for Indonesia’s President Joko Widodo and he has called economic ministers to discuss the matter several times, his cabinet secretary said on Thursday.
6:08 pm March 4, 2015 | No Comment
Foreign portfolio investors are showing signs of losing faith in Indonesia’s ability to support the rupiah, going by their lackluster interest in the latest government debt auction.
9:14 pm March 3, 2015 | 3 Comments
Five hedge funds are testing Indonesia’s legal protections for foreign investors after a local court barred them from Bakrie Telecom’s debt restructuring talks.
9:12 am March 2, 2015 | No Comment
Australian shares rose to a fresh seven-year high on Monday as a Chinese rate cut pushed up resources stocks while growing expectations of a domestic rate cut prompted investors to buy banks.
9:39 am February 23, 2015 | No Comment
For anyone who thought this month’s surprise interest-rate cut in Australia would deliver gains for the nation’s bond market, you thought wrong.
11:20 pm February 20, 2015 | No Comment
Indonesia’s main stock index hit another record high on Friday as investors maintained an upbeat earnings outlook for companies that they believe should brace for surging consumer demand.
8:58 pm February 20, 2015 | No Comment
As the technology-heavy Nasdaq Composite Index closes in on the all-time high it reached in March 2000, investors are facing a market that barely resembles the go-go era of 15 years ago.
11:09 am February 20, 2015 | 4 Comments
Shares of Holcim Indonesia and Semen Indonesia have both lost at least 14 percent from their July peaks, wiping out gains fueled by bets President Joko Widodo’s $18 billion infrastructure spending pledge would lead to an earnings windfall.
10:12 am February 20, 2015 | No Comment
The euro struggled to pick up in Asia on Friday ahead of Greece’s last-minute funding talks with its European creditors, while the dollar was supported by expectations US interest rates will go up this year.
12:55 pm February 18, 2015 | No Comment
Indonesia’s stocks are poised to reclaim their record high as Nomura Holdings and Ashmore Asset Management said the central bank’s first interest-rate cut in three years may benefit banks and homebuilders at the expense of a weaker currency.