Indonesia Finance News

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RPT-UPDATE 1-Indonesian bank bailout criticised by audit agency 24 Nov 2009 00:11 GMT
... JAKARTA, Nov 23 (Reuters) - An Indonesian government bailout of a small bank last ... a political issue embroiling two top reformers. Finance Minister Sri Mulyani Indrawati and Vice President Boediono, ... Bank Century had been hit partly by investment in highly risky securities which tumbled in ...
Indonesia Market factors to watch - Nov 24 24 Nov 2009 02:27 GMT
... cover the event) - Central bank and finance ministry to hold a news conference on Bank ... power plant in Indramayu which requires an investment of about $2 billion, said Bambang Praptono, ... plan to finance acquisitions. [ID:nJAK490332] * U.S. stocks snapped a three-day losing streak on Monday ...
Japan Stocks Fall on Deflation Outlook; Dollar, Yen Advance 24 Nov 2009 05:16 GMT
... Nov. 24 (Bloomberg) -- Asian stocks fell, led by a fifth day of ... retreated from riskier assets today as Japan’s Finance Minister said monetary policy is key to fighting ... helps manage about $5.1 billion at Paradice Investment Management in Sydney. “We’re in a period ...
Asian Stocks Fall on Share-Sale Concerns; Dollar, Yen Advance 24 Nov 2009 06:46 GMT
... Nov. 24 (Bloomberg) -- Asian stocks fell, led by a fifth day of ... retreated from riskier assets today as Japan’s Finance Minister said monetary policy is key to fighting ... helps manage about $5.1 billion at Paradice Investment Management in Sydney. “We’re in a period ...
Indonesian minister defends rescue on bank Century 24 Nov 2009 15:21 GMT
... Indonesian Finance Minister Sri Mulyani said on Tuesday that the ... at Bank Century after then country's Deposit Insurance Corp. seized the bank on Nov. 21,2008, ...
SE Asia Stocks-S'pore off highs; political worries hurt Thailand 24 Nov 2009 10:53 GMT
... selling in banks and property while Thai stocks fell to three-week lows amid political concerns. Singapore's ... investors cautious,' said Chaiyaporn Nompitakcharoen, head of investment strategy at 'It's also year-end selling by ... announced after the market close that its Indonesia lost 0.4 percent as coal miner Bumi ...
Q+A - Indonesia's president faces mounting criticism 24 Nov 2009 12:11 GMT
... Q+A - Indonesia's president faces mounting criticism JAKARTA (Reuters) - ... it had caused losses for the state. Finance Minister Sri Mulyani Indrawati and Vice President Boediono, ... is already worried about "hot money" inflows. Stocks are up 80 percent this year, bond ...
Finance minister: Funds for Bank Century under LPS` authority 24 Nov 2009 15:21 GMT
... Finance minister: Funds for Bank Century under LPS` authority ... was in the hands of the Deposit Insurance Agency (LPS). "According to the law on ...
Indonesian Shares Slip as Regional Markets, Bumi Selloff Sink Sentiment 24 Nov 2009 16:50 GMT
... Indonesian Shares Slip as Regional Markets, Bumi Selloff ... Lacking any buying catalysts, investors sold Indonesian stocks on Tuesday as regional markets fell, analysts ... announced another $300 million convertible-bond issue to finance its subsidiary’s latest stake in PT Newmont Nusa ...
Audit agency's condemnation of bail-out of Bank Century threatens top Indonesian leaders 24 Nov 2009 05:10 GMT
... JAKARTA — The Indonesian government’s continued cash infusion into ... liquidity at Bank Century after Indonesia’s Deposit Insurance seized it on November 21 last year, ... said at a press briefing yesterday . Finance Minister Sri Mulyani Indrawati and Vice-President Boediono, who ...
Indonesian Development Minister Says 2010 a 'Critical Year' 24 Nov 2009 16:52 GMT
... Indonesian Development Minister Says 2010 a ‘Critical Year’ ... 5.5 percent economic growth next year if investment, exports, agriculture and manufacturing all return similar ...
Indonesia sees crisis in foreign investment 24 Nov 2009 06:12 GMT
... Indonesia's combined foreign and domestic investment during the first 10 months of this year fell 13.8 percent from it was ...
Indonesia's foreign investment drops 29 pct in Jan-Oct 24 Nov 2009 11:11 GMT
... JAKARTA, Nov 24 (Reuters) - Foreign direct investment in Indonesia fell almost 30 percent to 89.28 trillion rupiah ($9.40 billion) in the first ten ...
Health insurance market in emerging Asia set to grow 24 Nov 2009 14:52 GMT
... SINGAPORE : Health insurance in Asia has much potential to grow, ... be by providing universal health insurance - Indonesia has tried it; Thailand is trying; China ...
Indonesia fin min may issue samurai bond next year 24 Nov 2009 03:53 GMT
... JAKARTA, Nov 24 (Reuters) - Indonesia's finance ministry may issue a samurai bond next year but it has not decided yet on ...
Dubai hosts delegates from China, South Korea, Indonesia and Thailand to discuss major highlights of next conference edition 24 Nov 2009 06:10 GMT
... the visiting delegates from China, South Korea, Indonesia and Thailand intending on participating at the ... year 2050) large amounts of capital. The investment is in the solar energy sector, an ...
Domestic investment doubles as confidence climbs 24 Nov 2009 06:44 GMT
... | Business The value of mobilized domestic investment doubled this year as confidence in the ... In line with the global economic downturn, Indonesia therefore saw a slump in the total ...
Indonesian minister defends bank bailout 24 Nov 2009 12:53 GMT
... the time was to avoid another crisis. Indonesia had been in a crisis before, which ... in 's biggest economy would deter foreign investment deemed vital to its long-term growth. ...
Indonesia moves top cop aside in graft scandal 24 Nov 2009 18:32 GMT
... Indonesia moves top cop aside in graft scandal ... seen as crucial for curbing graft, attracting investment, and lifting growth. Susno Duadji, chief of ...
BPK Report Reveals Odd Dealings Over Indonesian Tycoon's Funds 24 Nov 2009 03:52 GMT
... BPK Report Reveals Odd Dealings Over Indonesian Tycoon’s Funds The Supreme Audit Agency’s report ... of government bailout funds from the Deposit Insurance Agency (LPS) was transferred into Boedi’s account ...
Asian Markets Trading Mixed Amid Cautious Mood 24 Nov 2009 05:17 GMT
... up with a modest gain. Shares of insurance company Suncorp-Metway Ltd are trading nearly 2% ... Nomura Securities Co.'s move to raise its investment rating on the firm by one notch ... trading flat. In the banking space, Woori Finance and Shinhan Financial are losing over 1.5% each, ...
Asian Markets Overview of November 24 24 Nov 2009 07:31 GMT
... Bank of China was in talks with investment banks to raise as much as US$15 ... for the time being. State-run Korea Deposit Insurance Corp. said it sold a 7% stake, in Woori Finance Holdings Co.(SEO:053000)(NYSE:WF) for 866 billion won in a ...
World markets rally as gold hits new record high 24 Nov 2009 04:34 GMT
... World markets rose sharply Monday amid further hopeful signs ... hopeful signs about the economic recovery. Commodity stocks led the charge, particularly in London, after ... the central bank should continue to buy mortgage-backed securities after the March expiration date. Any ...
Ken Heebner Top Holdings: Goldman Sachs Group, Ford Motor Company, FreeportMcMoRan Copper & Gold, Baidu.com Inc., FedEx Corp., Southern Copper Corp. 24 Nov 2009 00:16 GMT
... The ( Goldman Sachs is a global investment banking and securities firm, providing a full ... yield of Goldman Sachs Group Inc. The stocks is 0.82%. Goldman Sachs Group Inc. The had ... milling of copper, gold, and silver in Indonesia, and the smelting and refining of copper ...
World markets rally as gold strikes new high 24 Nov 2009 00:16 GMT
... World markets rally as gold strikes new high LONDON ... hopeful signs about the economic recovery. Commodity stocks led the charge, particularly in London, after ... the U.S. Federal Reserve's program to buy mortgage-backed securitie. "Comments by Bullard prompted some dollar ...

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