Section: The Jakarta Post (Indonesia)
Rupiah appreciates to 11,663 per dollar Tuesday afternoon
Rupiah traded among banks in Jakarta on Tuesday afternoon appreciated by 23 basis points to Rp 11,663 per US dollar from the previous Rp 11,686 per dollar.“The easing of global geopolitical tension has resulted in positive sentiment toward the rupiah,” Monex Investindo Futures analyst Zulfirman Basir said in Jakarta on Tuesday as quoted by...
Global stocks up on US housing, Ukraine diplomacy
Global stock markets rose Tuesday on improved U.S. housing sentiment and news of diplomatic efforts to broker a cease-fire in Ukraine.KEEPING SCORE: In morning trading, France’s CAC-40 rose 0.5 percent to 4,252.32 and Germany’s DAX gained 1 percent to 9,334.55. London’s FTSE 100 rose 0.5 percent to 6,773.25. Futures pointed to...
New report warns of anti-aircraft weapons in Syria
Armed groups in Syria have an estimated several hundred portable anti-aircraft missiles that could easily be diverted to extremists and used to destroy low-flying commercial planes, according to a new report by a respected international research group. It cites the risk that the missiles could be smuggled out of Syria by terrorists.The report was...
How the Dow Jones industrial average fared Monday
Stocks climbed on Monday after a bidding contest erupted for discount retailer Family Dollar and as concerns eased about the situation in Ukraine.On Monday:The Dow Jones industrial average rose 175.83 points, or 1.1 percent, to 16,838.74.The Standard & Poor’s 500 index rose 16.68 points, or 0.9 percent, to close at 1,971.74.The Nasdaq...
US stocks gain; Dollar General jumps after bid
Corporate deal news gave the US stock market a lift on Monday as a bidding contest erupted for a discount retailer. Stocks also climbed amid reports of diplomatic efforts to broker a cease-fire in the conflict in Ukraine.Dollar General jumped after making a bid for retailer Family Dollar, a rival discount store. The offer topped a bid made last...
Rupiah falls to 11,687 per dollar Monday afternoon
Rupiah traded among banks in Jakarta on Monday afternoon depreciated by 10 basis points to Rp 11,687 per US dollar, down from the previous Rp 11,677 per dollar. Monex Investindo Futures head of research Ariston Tjendra said the lack of new economic data in the country had put pressure on the domestic currency, forcing investors to keep their...
Asian shares mixed as Russia-Ukraine tensions weigh
Asian shares were mixed Monday, with the latest round of tensions between Russia and Ukraine exerting selling pressure despite some progress cited in the “difficult” negotiations between both sides.Seoul was down 0.31 percent, Hong Kong slipped 0.18 percent, but Shanghai gained 0.41 percent while Tokyo and Sydney traded flat.US shares...
Indonesian victims of shot plane identified
Two of 12 Indonesian passengers aboard the ill-fated Malaysia Airlines flight MH17, which was shot down by a ground-to-air missile in Ukraine last month, have been identified by a joint forensics team in the Netherlands, a National Police official has said.The National Police’s Disaster Victims Identification (DVI) chief, Sr. Comr. Anton...
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...
