Section: The Jakarta Post (Indonesia)
Violence no solution to handle IS: RI
The Indonesian government will restrain itself from resorting to direct violence in dealing with the Islamic State (IS) movement in the Middle East, Foreign Minister Marty Natalegawa said on Thursday.Marty made the statement following United States President Barack Obama’s announcement of a broad escalation of the campaign against the IS...
Low energy prices, rate worries weigh on stocks
U.S. stocks were mixed Thursday afternoon as investors mulled the outlook for interest rates, the latest sanctions against Russia and volatile energy prices. Health care stocks, the year’s biggest gainers, fell back. Lululemon, the high-end yoga apparel maker, surged after reporting income that beat expectations.KEEPING SCORE: The Standard...
EU agrees to introduce new sanctions on Russia
Diplomats say the European Union has decided on new sanctions against Russia over its actions in Ukraine.Three diplomats in Brussels say the ambassadors of the 28-nation bloc agreed Thursday that the sanctions would take effect Friday following their publication in the EU’s official journal.They spoke told The Associated Press on condition...
Guess what?: Ibnu addicted to solo backpacking
JAKARTA: Actor Ibnu Jamil says his love for soccer has led him to travel alone to many parts of the world. As a Manchester United fan, he went to England to visit Old Trafford by himself. The 32-year-old has been addicted to solo traveling since, venturing to Ukraine alone during the 2012 World Cup and to China, to watch a Supercoppa Italiana...
Asian stocks meander after mixed China trade data
Asian stock markets meandered in holiday-thinned trading Monday after Chinese trade figures suggested domestic demand in the world’s second-biggest economy is lackluster.KEEPING SCORE: Japan’s Nikkei 225 gained 0.1 percent to 15,678.08 while Hong Kong’s Hang Seng shed 0.3 percent to 25,175.42. Australia’s S&P/ASX 200...
Ukraine cease-fire appears to hold
After more than four months of bloodshed, a cease-fire in Ukraine’s rebellious east largely held back fighting Saturday, but appeared fragile as both sides of the conflict claimed the others had violated the agreement.A statement from Ukrainian President Petro Poroshenko’s appeared to make glancing reference to the cease-fire’s...
F1 teams not concerned about Russian GP
Formula One teams say they are not concerned about next month’s race in Sochi, despite the Russian resort being close to the conflict area in Ukraine. A cease-fire took hold Friday night in eastern Ukraine after a deal was signed with Russian-backed separatists in an effort to bring an end to nearly five months of fighting.“We are a sports...
Rupiah depreciates to 11,777 per dollar Friday morning
Rupiah interbank trade rate depreciated by 27 basis points on Friday morning to Rp 11,777 per US dollar.”External sentiment, particularly from the US, which records better economic data, has put pressure on the rupiah. The market players see that this condition will encourage the US central bank to immediately increase the Federal Reserve...
Obama aims to show solidarity with Baltics
President Barack Obama will stand shoulder to shoulder with Baltic leaders Wednesday in a show of solidarity with NATO allies who fear they could be the next target of Russia’s aggression.The president arrived in Estonia’s port capital of Tallinn early Wednesday after an overnight flight from Washington. Obama was to hold a news...
Rupiah falls slightly to 11,693 per dollar on Monday afternoon
The rupiah interbank trade in Jakarta on Monday afternoon depreciated slightly by three basis points to Rp 11,693 per US dollar.Bank Himpuan Saudara analyst Rully Nova said that external sentiment from the US had hampered the appreciation of the rupiah, even though the Indonesian trade balance recorded a surplus and the inflation rate was stable....
