Section: Indonesia
Russian aid convoy resumes travel toward Ukraine
A Russian aid convoy resumed its journey toward Ukraine Thursday, taking the road leading south toward the rebel-held city of Luhansk.The convoy of roughly 262 vehicles had been parked at a military depot in the southern Russian city of Voronezh since late Tuesday amid disagreement over how and where the aid could be delivered to Ukraine, where...
How the Dow Jones industrial average did Wednesday
A modest gain for the stock market on Wednesday tugged the Dow Jones industrial average back into the black for the year as investors set aside concerns about Ukraine, Iraq and earnings, at least for a day. Amazon led the gains in light trading, despite a mixed batch of economic and corporate news.The Dow Jones industrial average rose 91.26...
US indexes move higher; Amazon gains, Macy’s drops
A modest gain for the stock market on Wednesday tugged the Dow Jones industrial average back into the black for the year as investors set aside concerns about Ukraine, Iraq and earnings, at least for a day.Amazon led the gains in light trading, despite a mixed batch of economic and corporate news. The gains were broad but thin. Three companies...
Rupiah falls to 11,690 per dollar in Wednesday afternoon
The rupiah traded among banks in Jakarta on Wednesday afternoon depreciated by seven basis points to Rp 11,690 per US dollar, down from the previous Rp 11,683 per dollar.Bank Himpunan Saudara finance market analyst Rully Nova said that the weakening of rupiah was triggered by market players who were waiting for Bank Indonesia’s latest...
Asia stocks drift as Iraq, Ukraine tensions simmer
Asian stocks drifted on Wednesday as investors remained cautious amid uncertainty over potential conflict in Ukraine and Iraq plus new numbers showing a slowdown in Japan’s economy.KEEPING SCORE: Japan’s Nikkei 225 was up 0.2 percent to 15,186.10. Hong Kong’s Hang Seng shed 0.1 percent to 24,662.88. China’s Shanghai...
Rupiah strengthens to 11,678 per dollar on Wednesday morning
The rupiah traded among banks in Jakarta on Wednesday morning appreciated by five basis points to Rp 11,678 per US dollar, from the previous Rp 11,683 per dollar. PT Platon Niaga Berjangka finance market analyst Lukman Leong said that the strengthening of the domestic currency was driven by the ease of geopolitical tensions in Ukraine. “The...
US stocks fall as geopolitical risks remain
The stock market pulled back slightly Tuesday, following two days of gains, as investors focused on the damage that ongoing geopolitical tensions were causing the global economy.Energy stocks were among the biggest decliners, dragged down by lower oil prices.U.S. stock indexes opened modestly higher but turned lower at mid-morning and stayed...
Australia, Dutch Vow Justice for MH17 Victims
Australian Prime Minister Tony Abbott, left, and Dutch counterpart Mark Rutte give a press conference at Rutte’s official residence Catshuis in The Hague, The Netherlands, on August 11, 2014. (AFP Photo/Martijn Beekman) The Hague. Australia and The Netherlands on Monday vowed to bring justice to the families of victims of downed flight...
Rupiah weakens slightly to 11,682 per dollar in the afternoon
The rupiah traded among banks in Jakarta on Tuesday afternoon weakened by seven basis points to Rp 11,682 per US dollar, compared to the previous Rp 11,675 per dollar.”Even though the rupiah depreciated slightly, it remains relatively stable,” PT Platon Niaga Berjangka financial market analyst Lukman Leong said in Jakarta on Tuesday,...
Ukraine says will deny access to Russian aid
A convoy of 280 Russian trucks reportedly packed with aid headed for eastern Ukraine on Tuesday, but Ukraine said it would deny the mission entry because it has not been certified by the Red Cross and could be a covert military operation.The International Committee of the Red Cross said it had no information on what the trucks were carrying or...
