Section: Indonesia
RI commits to strengthening bilateral relations with US
On Tuesday, President Susilo Bambang Yudhoyono welcomed senior US senator from Arizona John McCain to the Presidential Palace in Jakarta, announcing that the two nations would strive to strengthen bilateral relations in various fields in the future.Yudhoyono had previously met Senator McCain during a Shangri-La Dialogue event held several years...
Rupiah strengthens to 11,671 per dollar on Tuesday morning
Rupiah traded among banks on Tuesday morning in Jakarta strengthened slightly by four basis points to Rp 11,671 per US dollar from the previous Rp 11,675 per dollar. Monex Investindo Futures research head Ariston Tjendra said the domestic currency appreciated following market optimism that Russia-Ukraine tensions would ease. The condition has...
Asian shares gain as geopolitical tensions subside
Asian shares were mostly higher Tuesday, tracking rallies on Wall Street and in Europe as easing geopolitical tensions lifted investor confidence.Tokyo stocks gained 0.32 percent, extending their rally in the previous session after US airstrikes on Iraq — aimed at beating back rampaging Islamic State extremists — prompted sharp falls...
US stocks edge higher on corporate news, earnings
U.S. stocks gained on Monday as investors focused on corporate news instead of geopolitical worries.Kinder Morgan surged after announcing that it would combine a group of businesses that it controls to create the fourth-biggest U.S. energy company by market value. Banana seller Chiquita Brands International soared after the company received a...
How the Dow Jones industrial average did on Monday
Stocks closed slightly higher Monday as investors turned their focus to corporate news and as tensions eased in Ukraine.On Monday:The Dow Jones industrial average rose 16.05 points, or 0.1 percent, to 16,569.98.The Standard & Poor’s 500 index rose 5.33 points, or 0.3 percent, to 1,936.92.The Nasdaq composite rose 30.43 points, or 0.7...
Mother takes son back to Ukraine prison after war jailbreak
Just hours after he bust out of a high-security prison as it was rocked by mortar blasts in conflict-torn eastern Ukraine, Natalya Nikitenko drove her son right back to jail.”He himself said that he had to return so it wouldn’t count as escaping. We are doing everything according to the law,” she told AFP as she climbed into her...
Australia to Sign 25-Year US Marine Agreement
This handout photo released by the Commonweatlh of Australia, Department of Defense on Aug.11, 2014 shows US Secretary of Defense Chuck Hagel, left, and Australia’s Defense Minister David Johnston speaking during a joint press conference in Sydney. (AFP Photo/Lauren Larking/Commonwealth of Australia, Department of Defense) Sydney. Australia...
No solution in sight on sea row after Myanmar meet
Despite U.S. and Asian calls for self-restraint and new impetus for the resolution of territorial disputes involving China, a high-profile Asian security summit ended over the weekend where it began, with no solution of the rifts in sight.China dismissed a new U.S. proposal for a freeze on hostile actions that could heighten tensions in the...
Rupiah appreciates to 11,718 per dollar Monday morning
Rupiah traded among banks in Jakarta on Monday morning appreciated by 60 basis points to Rp 11,718 per US dollar from Rp 11,778 per dollar.”After a lack of positive sentiment in the domestic market last week, recently released data on the rise of Indonesia’s foreign exchange reserves to US$ 110.542 billion in July 2014 has...
Russian ‘Humanitarian’ Push in Ukraine ‘Unacceptable’: US, Germany
Washington. Russian intervention in Ukraine, including for supposed humanitarian purposes is “unacceptable” without Kiev’s authorization, US President Barack Obama and his German counterpart Angela Merkel agreed in a telephone call Saturday. Such a move “violates international law, and will provoke additional...
