Thursday, April 10, 2008

Central Bank Chief Of Indonesia Detained

by Rohan Parker

An investigation into corruption is currently underway in Indonesia, and central bank governor Burhanuddin Abdullah has now become the highest ranking official to be detained due to the probe.
After the 60 year old was taken into custody,police took him to the police headquarters in Jakarta, where his lawyer, Mohamad Assegaf, summarily accused the detainment [...]

Friday, February 8, 2008

Indonesian Rates Unchanged Despite Increasing Inflation Target

by Michelle Roberts

The Central Bank of Indonesia retained the standard interest rates even for the second month even when it had increased the inflation target for the current year. The Indonesian governor Burhanuddin Abdullah along with his colleagues retained the rates which are the reference rates for the bill sales staying at eight percent, the statement by [...]

Monday, August 20, 2007

Indonesia and Japan Agree Trade Deal

by Stewart Douglas

Japan and Indonesia have today agreed on an historic free trade pact, on an official state visit by the Japanese Prime Minister Shinzo Abe to Jakarta, the nation’s capital.
The meeting in the capital saw Prime Minister Shinzo Abe signing a free trade agreement between the two countries, ending many of the barriers to trade in [...]

Wednesday, July 18, 2007

India, Indonesia to boost trade ties

by Vipin Agnihotri

If media reports are to be believed, trade between India and Indonesia is expected to hit a historic high of $10 billion by 2010. But for that to happen both India and Indonesia have to work as a cohesive team and increase the existing cooperation. It has come into the notice that plenty of Indian [...]

Tuesday, January 16, 2007

Vietnam Index hits new high

by Elaine Frei

With investors seeming to want to hold off on committing their money anywhere before the Bank of Japan makes its decision on interest rates Thursday, the Tokyo equities markets moved very little on Tuesday.  The Nikkei 225 was unchanged at 17,202.46, while the Topix index was lower, but only by 0.1 percent to 1,703.54.
In the [...]

Tuesday, January 2, 2007

Hang Seng hits new record high

by Elaine Frei

Asian equities markets were up to begin the year.  With Tokyo, Bangkok, and Singapore still closed for holidays, the Taipei market found its highest close since August 2000, while Hong Kong, Jakarta, and Sydney all hitting new all-time highs during the Tuesday session.
In Taipei, technology stocks headed higher after the Taiwan government said on Friday [...]

Tuesday, May 23, 2006

Japan markets decline as other Asian markets recover

by Brian Turner

Asian equities markets, especially in emerging economies, saw gains on Tuesday after Monday’s losses. Bargain-hunting and higher commodities prices helped bring about the advances.
In Mumbai, the Sensex index added 3.3 percent to 10,822.78 after a 4.2 percent decline Monday. In Jakarta, the JSX index was up 1.3 percent to 1,326.26, while in Singapore [...]

Monday, May 22, 2006

Asian markets lower on investor fears

by Brian Turner

Equities markets in Asia saw substantial declines on Monday as investors interested in avoiding risks exited emerging markets. Declines were widespread throughout the region.
In Mumbai, the market fell 10 percent during the day, causing trade to be suspended for an hour. Once trade resumed, the market recovered some but still closed 4.2 percent [...]

Thursday, June 9, 2005

Asia markets varied as poltics impacts equities

by Brian Turner

Equities markets in Shanghai and Seoul were up on Thursday, while Taipei, Manila, and Tokyo fell on the day.
The composite index in Shanghai rose 1.4 percent to 1,131.052, after advance of 8.4 percent on Wednesday; that was the largest 1-day advance in Taipei in 3 years.
The market in Seoul, meanwhile, was [...]

Tuesday, April 26, 2005

Indonesia central bank raises rqates on growth fears

by Brian Turner

Indonesia, which was the hardest hit of all the regional economies in the Asian financial crisis of 1997-98 and whose economy has remained behind all other Asian economies in its effort to recover from the crisis, is now faced with a decline in the value of the rupiah that has spurred fears of inflation and [...]