Section: The Jakarta Post (Indonesia)
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...
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...
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...
1 killed, 10 injured as fighting rages in Ukraine
Fighting raged Sunday in the eastern Ukrainian city of Donetsk despite a request from the pro-Russian rebels there for a cease-fire to prevent a “humanitarian catastrophe.”One person was killed and 10 injured in shelling that started early Sunday morning and continued into the day, city council spokesman Maxim Rovinsky told The...
Iranian plane crashes after takeoff, killing 39
A regional passenger plane assembled in Iran crashed Sunday while taking off from the capital, killing 39 and injuring another nine onboard, according to a senior transportation official and state media.The IrAn-140 operated by domestic carrier Sepahan Air crashed in a residential area near Tehran’s Mehrabad airport. State TV said the...
Rupiah depreciates to 11,760 per dollar Friday morning
The rupiah traded among banks in Jakarta depreciated by 10 points on Friday morning, falling to Rp 11,760 per US dollar from the previous day’s Rp 11,750 per dollar.“The weakening of many currencies in developing countries against the US dollar has impacted the rupiah rate, even though the impact is relatively limited,” Trust...
How the Dow Jones industrial average did Thursday
Stocks slumped on Thursday as investors worry about slowing global economic growth and worsening tensions between Russia and the West over Ukraine.On Thursday:The Dow lost 75.07 points, or 0.5 percent, to close at 16,368.27.The Standard & Poor’s 500 index fell 10.67 points, or 0.6 percent, to 1,909.57.The Nasdaq composite fell 20.08...
Stocks decline on concerns about global growth
Concerns about slowing global growth and the threat of rising tensions between Russia and the West pushed stocks lower on Thursday.The stock market started the day higher as investors mulled the latest earnings reports and an encouraging report on jobs. By mid-morning, though, the market had given up its gains. While stocks slumped, government...
