Section: The Jakarta Post (Indonesia)
Rupiah strengthens to 11,686 per dollar on Monday morning
The rupiah interbank trade rate appreciated slightly by four basis points to Rp 11,686 per US dollar in Jakarta on Monday morning.”The rupiah tends to be stagnant in the morning, since market players are waiting for newly released economic data later in the afternoon, such as on inflation and the trade balance,” Trust Securities head...
EU threatens Russia with more sanctions
Despite tough rhetoric decrying Russia’s increasing military involvement in Ukraine, European Union leaders on Sunday stopped short of imposing new sanctions against Moscow right away.Instead, the 28-nation bloc’s heads of state and government tasked their executive body to “urgently” prepare tougher economic sanctions...
EU ministers call for new sanctions against Russia
Several European Union foreign ministers on Friday accused Russia of invading eastern Ukraine and said Moscow should be punished with additional biting economic sanctions. The meeting of the 28-nation bloc’s top diplomats in Milan came one day after NATO said Moscow slipped at least 1,000 Russian soldiers and much heavy weaponry into...
Rupiah strengthens to 11,680 per dollar at close
“The rupiah rebounded after experiencing some corrections over the past few days due to technical factors,” Bank Himpunan Saudara analyst Rully Nova said in Jakarta on Friday as quoted by Antara news agency. He said that investors conducted short-term transactions in the domestic market during the closing session, thereby creating...
Rupiah weakens to 11,705 per dollar Friday morning
The rupiah traded among banks in Jakarta on Friday morning weakened by 11 basis points to Rp 11,705 per US dollar. Monex Investindo Futures analyst Zulfirman Basir said that because market players were worried about the escalating conflict in Ukraine, currencies in emerging markets were weakening.”Ukraine accuses Russia for attacking the...
EU struggles with dearth of women in top jobs
Don’t be fooled by Angela Merkel. The German chancellor may be the most powerful leader in the European Union, but she hardly paints a true picture of the place of women in EU politics.EU leaders meet on Saturday to divide top jobs for the next half decade, and after years of paying lip service to increasing equality between the sexes, the...
Rupiah falls slightly to 11,679 per dollar in morning trade
The rupiah traded among banks in Jakarta on Thursday morning depreciated by 10 basis points to Rp 11,679 per US dollar.Monex Investindo Futures analyst Zulfirman Basir said that the rising of US durable goods order has proven that the US economy has improved. “As the US economy continues to improve, the Federal Reserve Bank is going to end...
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...
