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Indonesia

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  • Mirroring oil, this fossil fuel is plunging, too Wednesday, 11 Feb 2015 | 2:21 PM ET
    A bulldozer moves coal that will be burned to generate electricity at the American Electric Power Co. coal-fired power plant in Winfield, West Virginia.

    There is too much supply of coal at a time when global demand for the fossil fuel is cooling.

  • Lots more RBA cuts coming: Rabobank  Thursday, 5 Feb 2015 | 7:31 PM ET

    Michael Every, Head of Financial Markets Research, says the Reserve Bank of Australia is only just realizing that they've been dragged into a currency war.

  • JAKARTA, Feb 5- Indonesia's economic growth slipped to its weakest in five years in 2014 as weak exports and investments dragged, underlining the challenges facing the country's new President Joko Widodo. Southeast Asia's largest economy is finding it harder to fire up its engines of growth with the ending of the commodities boom and as high interest rates...

  • JAKARTA, Feb 5- Indonesia's economic growth slipped to its weakest in five years in 2014 as weak exports and investments dragged, underlining the challenges facing the country's new President Joko Widodo. Southeast Asia's largest economy is finding it harder to fire up its engines of growth with the ending of the commodities boom and as high interest rates...

  • Outlook for Indonesia: Still going strong  Wednesday, 4 Feb 2015 | 10:47 PM ET

    Euben Paracuelles, Executive Director and Southeast Asia Economist at Nomura, says economic reforms from President Jokowi are offsetting any potential damage from oil's slump.

  • Indonesia 2014 GDP seen around 5%  Wednesday, 4 Feb 2015 | 8:42 PM ET

    Indonesian growth likely slowed last year but going forward, Jokowi's economic measures are expected to boost growth, says Wellian Wiranto, Economist at OCBC Bank.

  • Bank’s contrarian trades include the ruble Tuesday, 3 Feb 2015 | 7:00 AM ET
    A trader works on the floor of the New York Stock Exchange.

    As 2015 unfolds with continued turbulence in global markets, one investment bank finds the most contrarian trades that could be winners.

  • JAKARTA, Feb 2- Indonesian air crash investigators said on Monday they had not so far found evidence that the pilot of an AirAsia jet had left his seat, or that power to an automated control system was shut off, shortly before the aircraft plunged into the sea. AirAsia flight QZ8501 vanished from radar screens on Dec. 28, less than half-way into a two-hour flight from...

  • SHANGHAI, Feb 2- General Motors said on Monday that one of its Chinese ventures plans to establish manufacturing operations in Indonesia to take advantage of growth in Southeast Asia's biggest vehicle market. Sources told Reuters that GM and SAIC would make a joint push into Indonesia, using their no-frills Wuling brand to establish a beachhead in Southeast...

  • GM and China's SAIC to push into Indonesia Saturday, 31 Jan 2015 | 11:08 PM ET
    General Motors Chief Executive Officer Mary Barra

    General Motors and Chinese partner SAIC Motor Corp will soon announce a joint push into Indonesia, using their no-frills Wuling brand to establish a beachhead in Southeast Asia's biggest market and from there tackle other markets in the region.

  • BEIJING Jan 31- General Motors and Chinese partner SAIC Motor Corp will soon announce a joint push into Indonesia, using their no-frills Wuling brand to establish a beachhead in Southeast Asia's biggest market and from there tackle other markets in the region. In a report late Friday, officials from Indonesia's industry ministry told state Antara news agency...

  • SINGAPORE/ JAKARTA/ PARIS, Jan 31- The captain of the AirAsia jet that crashed into the sea in December was out of his seat conducting an unusual procedure when his co-pilot apparently lost control, and by the time he returned it was too late to save the plane, two people familiar with the investigation said. The Airbus A320 jet plunged into the Java Sea while en route...

  • AirAsia captain left seat before jet lost control Saturday, 31 Jan 2015 | 12:16 AM ET
    Indonesian officers move the flight data recorder of the AirAsia flight QZ8501

    The captain of the AirAsia jet that crashed into the sea in December was out of his seat conducting an unorthodox procedure when his co-pilot apparently lost control.

  • SINGAPORE/ JAKARTA/ PARIS, Jan 31- The captain of the AirAsia jet that crashed into the sea in December was out of his seat conducting an unorthodox procedure when his co-pilot apparently lost control, and by the time he returned it was too late to save the plane, two people familiar with the investigation said. The Airbus A320 jet plunged into the Java Sea while en...

  • By Yantoultra Ngui and Fransiska Nangoy KUALA LUMPUR/ JAKARTA, Jan 29- Indonesia narrowed the gap in car output with Thailand, Southeast Asia's automaking hub, to its smallest ever last year in percentage terms and is expected to overtake the Thai industry within a decade. Indonesia, Southeast Asia's largest economy, has already surpassed Thailand as the...

  • Indonesia's Jokowi: A 100-day scorecard  Tuesday, 27 Jan 2015 | 10:33 PM ET

    Lim Su Sian, ASEAN Economist at HSBC, says investors are very confident on Indonesia's outlook, which indicates excellent work by Indonesian leader Joko Widodo so far.

  • SYDNEY/ SINGAPORE, Jan 27- Asian airlines are slashing fuel surcharges as oil prices hover at six-year lows, but passengers hoping for cheaper tickets will be disappointed as carriers are likely to bump up fares to maintain margins. Australia's Qantas Airways Ltd became the latest airline to eliminate the surcharge on Tuesday, but at the same time said it was...

  • *Copper on track for 2 percent fall this week. *Premiums for bonded nickel in China surge. LONDON, Jan 23- Copper fell on Friday, and was on track for its sixth week of falls after failing to post a convincing rebound from last week's 5-1/ 2 year low, weighed by concerns about the outlook for demand from top consumer China.

  • MELBOURNE, Jan 23- London copper edged up on Friday, but was set to close the week flat, having failed to post a convincing rebound from last weeks' 5-1/ 2 year lows ahead of China factory data due shortly. *The most-traded March copper contract on the Shanghai Futures Exchange slipped 0.3 percent to 41,470 yuan a tonne. *Freeport-McMoRan Inc said on Thursday it had...

  • JAKARTA, Jan 20- Indonesia's transport minister proposed a number of changes to improve aviation safety standards at a parliamentary hearing on Tuesday, just over three weeks after an AirAsia passenger jet crashed killing all 162 people on board. Ignasius Jonan also told the hearing that, according to radar data, the plane had ascended faster than normal in its...