10:03 am November 21, 2014 | No Comment
Asian credit opportunity funds are topping up “outsized” returns by financing cash-starved unlisted companies as banks curb riskier lending.
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.
11:52 am November 20, 2014 | 2 Comments
The popularity of halal products such as Barbican that comply with the Koran’s tenets helped drive a 5.2 percent gain in the SAMI Halal Food Index of shares this year, beating a 0.6 percent rise in the Bloomberg World Food Index. The industry’s expansion is also flowing through to debt markets, with the Malaysia International Islamic Financial Centre estimating companies involved in Shariah-compliant food, textiles, tourism and healthcare have sold $5 billion of sukuk to date.
11:34 am November 20, 2014 | 1 Comment
Indonesia’s biggest stock market rally since 2010 is losing support from corporate earnings as they trail estimates by the most in two years and analysts reduce projections for next year.
10:05 pm November 19, 2014 | No Comment
New York-based brokerage JPMorgan Chase expects Indonesian stocks to outperform their peers in Asia next year, citing positive sentiment toward the government’s policy of supporting a stable currency and accelerating economic growth.
10:59 am November 19, 2014 | No Comment
J Resources Asia Pasifik, a mining company controlled by businessman Johan Lensa, plans to raise $300 million from a global bond issuance next year to repay some of its debt.
9:19 am November 19, 2014 | No Comment
Indonesia’s main stock index opened higher on Wednesday after the central bank raised interest rates following the government’s move to cut subsidies and raise fuel prices.
12:54 pm November 18, 2014 | No Comment
Indonesia's central bank convened an extraordinary meeting on Tuesday, fueling speculation it will raise interest rates after the president hiked fuel prices to tackle the country's budget and current account deficits.
9:32 am November 18, 2014 | No Comment
Indonesia's stock index rose as much as 0.7 percent in early trading on Tuesday, while the central bank called for an unscheduled meeting after the government announced an increase in fuel prices.