Section: The Jakarta Post (Indonesia)
Malaysia marks grim Eid after MH17 crash
Malaysia on Monday marked a solemn Eid al-Fitr, Islam’s biggest festival, as families of those aboard downed Malaysia Airlines flight MH17 mourned the dead.Prime Minister Najib Razak expressed his “extreme sadness, most profound sympathy and deepest condolences” to MH17 families, as well as relatives of those aboard another...
Australia says chance of MH17 site visit not good
The chances of Dutch and Australian police reaching the crash site of Malaysia Airlines flight MH17 are not good, and the effort could take days, a senior Australian official said Monday.An unarmed team of Dutch and Australian officers was forced to drop their plans to visit the site Sunday as heavy bombardments rocked towns close to the area...
Fighting intensifies near MH17 disaster site
Ukrainian armed forces mounted a major onslaught against pro-Russian separatist fighters Sunday in an attempt to gain control over the area where a Malaysia Airlines plane was downed earlier this month.The U.S. State Department, meanwhile, released satellite images that it says back up its claims that rockets have been fired from Russia into...
Study: Embargo wouldn’t hurt Russia
An arms embargo against Russia would be little more than symbolic because Russia is largely self-sufficient in supplying its armed forces, a report argued Sunday.European Union countries exported $583 million of military equipment to Russia last year, less than 1 percent of the nation’s $68 billion defense budget, according to a study by...
UK Deputy PM wants Russia stripped of World Cup
Britain’s Deputy Prime Minister wants Russia stripped of the right to host the 2018 World Cup to punish President Vladimir Putin for “belligerent behavior” in the Ukraine crisis.While calling for tougher sanctions against Russia, Nick Clegg told The Sunday Times newspaper that it is “unthinkable” for President...
Rupiah strengthens slightly to 11,563 per dollar on Friday afternoon
The rupiah traded among banks in Jakarta on Friday afternoon appreciated slightly by five basis points to 11,563 per US dollar, up from the previous 11,568 per dollar. Monex Investindo Futures analyst Ariston Tjendra said that the rupiah’s improvement was limited as investors were worried about a possible immediate increase of the US...
Asian stocks bolstered by US economic data
Most major Asian stock markets rose Friday after U.S. unemployment claims fell to an eight-year low and tensions over the downing of a Malaysia Airlines jet eased.Japan’s Nikkei 225 gained 0.6 percent to 15,387.28 and South Korea’s Kospi was up 0.3 percent to 2,036.20. China’s Shanghai Composite added 0.5 percent to...
JCI climbs 0.12% in opening trade
The Jakarta Composite Index opened on a positive note in Friday’s first trading session, rising slightly by 0.12 percent to 5,104.55.In addition, the LQ45 index climbed by 0.18 percent to 874.24.”The JCI is still in a consolidating phase as market players wait for news on the performance of publicly listed companies in the first half...
Air Algerie jet with 116 on board crashes in Mali
Missing flight: Updated map showing the planned route of the missing Air Algerie flight, AH 5017. (Agence France-Presse)An Air Algerie jetliner carrying 116 people crashed Thursday in a rainstorm over restive Mali, and its wreckage was found near the border of neighboring Burkina Faso — the third major international aviation disaster in a...
Rupiah falls to 11,560 per dollar on Thursday afternoon
The rupiah, traded among banks in Jakarta on Thursday afternoon, depreciated by 53 basis points to 11,560 per dollar, down from the previous 11,507 per dollar. “The rupiah rate against the US dollar is declining as presidential election euphoria starts to dissipate. Externally, the US dollar is strengthening against the majority of global...
