Section: The Jakarta Post (Indonesia)
Mass murder of innocents
This year’s Eid al-Fitri must surely be one of the saddest experienced in the country so far.The usual festive cheer has been subdued by the horrific shooting down of Malaysia Airlines Flight MH17 over eastern Ukraine on July 17.The federal government and state governments have rightly cancelled official Hari Raya open houses as a mark of...
Asia stocks rise on earnings, await US growth data
Asian stocks rose Wednesday ahead of U.S. economic data and as cheery earnings from major Japanese companies such as Honda Motor Co. countered a lower close on Wall Street.KEEPING SCORE: Tokyo’s Nikkei 225 recouped losses at the open to rise 0.3 percent to 15,662.84 in morning trading. The Hang Seng in Hong Kong gained 0.8 percent to...
How to remember those with no tombstones
There is a round black plaque cradled by white granite that is dedicated to Flight MH653.It is located at Kampung Ladang Tanjung Kupang, Johor. It bears the Malaysia Airlines logo with the inscription: Kenangan kepada rakan-rakan kita (In memory of our colleagues) and seven names: Azian Borhanuddin, G.K. Ganjoor, Kamarulzaman Jalil, Karim Tahir,...
22 civilians reported killed in east Ukraine
City hall in Luhansk, which is under the control of separatist rebels, said Tuesday that five people were killed when an old people’s home was struck by artillery fire. Russian television showed images of bodies in wheelchairs covered with blankets. In Horlivka, a city besieged by government troops, the mayor’s office reported 17...
Asia stocks widen gains ahead of US, China data
Asian stocks extended gains Tuesday with the South Korean stock market closing at a three-year high ahead of U.S. and Chinese economic reports later this week.KEEPING SCORE: Japan’s Nikkei 225 added 0.6 percent to 15,618.07. South Korea’s Kospi posted its highest close since August 2011, rising 0.6 percent to 2,061.97. South Korean...
Russia ordered to pay $50 billion over Yukos
Russian President Vladimir Putin’s government must pay $50 billion for using tax claims to destroy Yukos, once the country’s largest oil producer, and its Kremlin-critical CEO, an international court has ruled.Monday’s verdict by the Permanent Court for Arbitration increases the economic and diplomatic isolation of Russia at a...
Stocks pause as traders await key economic news
After dawdling between small gains and losses in a slow day of summer trading, the stock market ended little changed on Monday.Instead of worrying about the conflict between Russia and Ukraine or trouble in the world’s other hot spots, investors appeared to sit tight.The main reason, said Robert Pavlik, chief market strategist at Banyan...
Japan to step up sanctions against Russia
Japan’s top government spokesman said Monday that the country is stepping up sanctions against Russia over the unrest in Ukraine. The sanctions include the freezing of assets held in Japan by individuals and groups supporting the separation of Crimea from Ukraine, as well as a ban on Crimean imports, Chief Cabinet Secretary Yoshihide Suga...
China profits boost Asian stock markets
Asian stock markets were mostly higher Monday, shrugging off jitters about stiffer Western sanctions against Russia, after China reported strong corporate profits.KEEPING SCORE: China’s benchmark Shanghai Composite Index surged 1.7 percent to 2,161.20. Tokyo’s Nikkei 225 added 0.5 percent to 15,540.47 and Hong Kong was up 0.6 percent...
Dollar flat in Asia ahead of key data, Fed meeting
The dollar moved narrowly in Asia Monday as simmering geopolitical tensions capped activity while investors look to a slate of US data and a Federal Reserve policy meeting later this week.In Tokyo afternoon trade, the greenback was quoted at 101.80 yen, slightly down from 101.83 yen in New York Friday.The euro was also flat at $1.3429 and 136.73...
