Section: Indonesia
Malaysia Airlines set for shakeup after disasters
Malaysia is preparing to unveil the latest overhaul of its beleaguered state-owned airline, which is reeling from twin disasters months apart that killed hundreds of passengers.Khazanah Nasional, the state investment company that owns 69 percent of Malaysia Airlines, said in early August it will announce details of the overhaul by the end of this...
Rupiah falls to 11,691 per dollar Wednesday morning
The rupiah traded among banks in Jakarta on Wednesday morning depreciated slightly by 10 basis points to Rp 11,691 per US dollar. Trust Securities head of research Reza Priyambada said that market players were watching the meeting of Russian and Ukrainian presidents, encouraging them to keep their assets in US dollars. “Due to uncertainty...
Another milestone: S&P 500 closes above 2,000
It was a big round-number day for the stock market.The Standard & Poor’s 500 index closed a hair above 2,000 points Tuesday, 16 years after it finished above 1,000 for the first time.The move extended the stock index’s record-shattering run this year. The latest milestone comes as investors see new signs that the economy is...
Rupiah rises to 11,681 per dollar at Tuesday’s close
The rupiah appreciated on Tuesday afternoon by 26 basis points to end the day at 11,681 per US dollar.Monex Investindo Futures research head Ariston Tjendra said that external factors, primarily the meeting between the Russian and Ukrainian presidents, had strengthened the global financial market, including Indonesia.”Market players are...
After 23 years of independence, the struggle continues for Ukraine
Before 2014 many Indonesians were unfamiliar with Ukraine. Now we are known all over the world. Our country is currently facing what we once saw as unthinkable in the 21st century. An unabashed unprovoked aggression from … …read more Source: ANTARA...
Opinion – After 23 Years of Independence, The Struggle Continues For Ukraine
Before 2014 many Indonesians were unfamiliar with Ukraine. Now we are known all over the world. Our country is currently facing what we once saw as unthinkable in the 21st century. An unabashed unprovoked aggression from … …read more Source: ANTARA...
Rupiah depreciates to 11,683 per dollar Monday morning
The rupiah traded among banks in Jakarta on Monday morning depreciated by 10 basis points to Rp 11,683 per US dollar. Monex Investindo Futures head of research Ariston Tjendra said that rupiah weakened after the US Federal Reserve governor announced that the country might accelerate the Fed rate hike plan after the US saw improvement in its...
JCI falls slightly by 0.07% in morning session
The Jakarta Composite Index (JCI) opened on a negative note in Monday’s first trading session, weakening by 0.07 percent to 5,195.12. Shares in the LQ45 index also went down by 0.02 percent to 886.61 by 9 a.m on the first day of the week, Antara news agency reported. Valbury Asia Securities head of research Alfiansyah said that a lack of...
Families Wage Citizen Campaign to Solve MH370 Mystery
In a photo taken on July 10, 2014, a soft-spoken Indian business consultant, K.S. Narendran, 50, whose wife, Chandrika Sharma, was on Malaysia Airlines flight MH370, speaks during an interview with Agence France-Presse in Kuala Lumpur. (AFP Photo/Mohd Rasfan) Kuala Lumpur. Chinese physics student Jimmy Wang had no interest in aviation until March...
Malaysia Airlines Jet Turns Back Due to ‘Pressure’ Problems
A Malaysia Airlines plane was forced to turn back due to pressure problems inside the aircraft after being in the air for almost an hour, a top aviation watchdog official said Sunday. Azharuddin Abdul Rahman, director-general of the Department of Civil Aviation told AFP that the plane returned to Kuala Lumpur International Airport because it was...