Section: Indonesia
JCI rises, rupiah falls on Friday morning
The Jakarta Composite Index (JCI) on Friday opened on a positive note, strengthening by 0.38 percent to 5,363.98.In addition, stocks of the blue-chip firms traded on the Indonesia Stock Exchange (IDX), rose by 0.72 percent to 935.59 by 9 a.m on Friday.Valbury Asia Securities head of research Alfiansyah said that the ceasefire between Russia and...
How the Dow Jones industrial average fared Thursday
Stocks closed near an all-time high Thursday as technology, materials and energy companies notched big gains. Energy stocks rose as the price of oil rebounded. Traders were also encouraged by an acquisition in the online travel business and news of a cease-fire deal in Ukraine. The Standard & Poor’s 500 index ended just two points shy...
US stocks approach record as technology, energy stocks gain
U.S. stocks climbed back close to record levels on Thursday as technology, materials and energy companies all notched big gains. Cisco Systems led the technology sector higher after reporting better-than-expected earnings. Energy stocks rose as the price of oil rebounded following two days of heavy losses. There were also big gains for online...
Ceasefire Agreed for Eastern Ukraine After Minsk Summit
Minsk. The leaders of Germany, France, Russia and Ukraine have agreed a deal to end fighting in eastern Ukraine, participants at the summit talks said on Thursday. The deal reached after all-night negotiations in the Belarussian capital Minsk included a ceasefire that would come into effect on Sunday, followed by the withdrawal of heavy weapons....
Ukraine deal: West cautious, rebels victorious, civilians sceptical
Ukraine deal: West cautious, rebels victorious, civilians sceptical Western European leaders voiced cautious optimism after hammering out a Ukraine peace plan in Minsk on Thursday, hailed as a great victory by pro-Russian rebels but met with scepticism by war-weary civilians. German Chancellor Angela Merkel, who was a driving force behind the...
Ukraine summit agrees ceasefire, withdrawal of weapons: Putin
Russian President Vladimir Putin said on Thursday that he and the leaders of France, Germany and Ukraine had agreed on the withdrawal of heavy weapons from Ukraine’s frontlines and a ceasefire to begin from Feb. 15. “We have managed to agree on the main points,” Putin told reporters in the Belarussian capital Minsk after...
Ukraine, IMF in deal for $17.5 bn bailout: Lagarde
The International Monetary Fund and conflict-torn Ukraine have reached a preliminary deal on a new financial rescue plan worth US$17.5 billion that could be a “turning point” for Kiev, IMF chief Christine Lagarde said Thursday. In total, Ukraine will receive $40 billion in assistance over four years coupled with bilateral loans from...
‘Drastic decline’ in media freedom worldwide
Media freedom suffered a “drastic decline” worldwide last year in part because of extremist groups such as Islamic State and Boko Haram, the watchdog group Reporters Without Borders said in its annual evaluation released Thursday. “There has been an overall deterioration linked to very different factors, with information wars,...
Is Climate Change Fueling War?
Paris. For years, scientists and security analysts have warned that global warming looms as a potential source of war and unrest. Storms, droughts, floods, and spells of extreme heat or exceptional cold: all can destroy wealth, ravage harvests, force people off land, exacerbate ancient rivalries and unleash a fight for resources, they say. These...
No news is good news, reinterpreted
Most of us have heard the phrase “No news is good news.” Generally it means that a lack of news at least means nothing is going wrong. In a time when the world is potentially facing an Ebola outbreak, two terrorist groups that are the de-facto rulers of nations (ISIS and Boko Haram), a worsening standoff in Ukraine, a possible “Grexit” from the...
