Section: The Jakarta Post (Indonesia)
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...
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...
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...
West condemns Russia over convoy to Ukraine
Mstyslav Chernov and Peter LeonardTensions between Russia and Ukraine escalated sharply on Friday as Moscow sent more than 130 trucks rolling across the border in what it said was a mission to deliver humanitarian aid. Ukraine called it a “direct invasion,” and the U.S. and NATO condemned it as well.In another ominous turn in the...
Malaysia receives bodies from Flight 17 crash
The bodies and ashes of 20 Malaysians killed when Malaysia Airlines Flight 17 was shot down over Ukraine in July arrived home on Friday, the first day of national mourning in the country’s history.It was the first repatriation of victims from the flight to the country, which is still coming to terms with the disappearance of Flight 370 and...
Malaysia in mourning as MH17 remains return home
Malaysia will drape itself in black for a national day of mourning Friday as it welcomes home the remains of 20 citizens killed on downed Flight MH17.Malaysian King Abdul Halim Mu’adzam Shah and Prime Minister Najib Razak will attend a sombre ceremony at Kuala Lumpur International Airport, followed by a minute’s silence observed...
Rupiah falls to 11,712 per dollar Thursday morning
The rupiah traded among banks in Jakarta on Thursday morning depreciated by eight basis points to Rp 11,712 per US dollar. “It is possible the rupiah will continue to weaken throughout the day as market players await the Constitutional Court ruling regarding the 2014 presidential election dispute,” Trust Securities research head Reza...
Rupiah falls to 11,694 per dollar Wednesday morning
The rupiah traded among banks in Jakarta on Wednesday morning depreciated by 15 points to Rp 11,694 per US dollar, down from the previous Rp 11,679 per dollar.Monex Investindo Futures research head Ariston Tjendra said the dollar strengthened against many currencies in Asia due to the release of positive US housing and retail industry data....
Discourse: More independent think tanks needed to project RI’s profile
Indonesia’s continual adaptation of non-confrontational approaches to solving regional conflicts, as well as the stellar show of democracy presented through the country’s recent presidential election, have been gathering praise throughout the international community. However, despite these accomplishments, Indonesia’s progress...
Stocks rise as US home construction rebounds
A summer swoon for the stock market appears to be over for now.The Standard & Poor’s 500 index closed within six points of its all-time high Tuesday, less than two weeks after slumping on concerns about rising tensions in Iraq and Ukraine.Investors were encouraged by economic reports that suggested growth may be poised to pick up,...
