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Indonesia

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  • 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...

  • Why commodity exporters may get a tailwind Sunday, 18 Jan 2015 | 5:54 PM ET
    A worker walks among coils of galvanized steel at the ArcelorMittal Eko Stahl steelworks in Germany

    Conventional wisdom suggests commodity exporters will take price declines on the chin, but Morgan Stanley expects they'll benefit most.

  • Aer Lingus, Ryanair extending hedging position into 2016. SINGAPORE/ BERLIN, Jan 14- Global airlines, looking to lock in huge savings, are preparing to hedge more jet fuel to fix prices as they bet a slide in crude oil to six-year lows may peter out near $40 a barrel. In Europe, airlines such as Aer Lingus and Ryanair are aiming to take advantage of the low oil prices to...

  • TOULOUSE, France, Jan 13- The head of planemaker Airbus on Tuesday welcomed the retrieval of the cockpit voice recorder from the sunken wreckage of the AirAsia A320 plane that crashed two weeks ago killing all 162 people aboard. "This gives me hope that the investigation will bring clarity, because what we want to do is go through the detailed analysis of the...

  • Matthew Hegarty, Analyst at Pinnacle International, compares the performances of India and Indonesia amid plunging oil prices.

  • Lower oil isn’t giving Asia markets wings Sunday, 11 Jan 2015 | 10:17 PM ET
    A station attendant refuels a moped at a fuel station on April 30, 2013 in Yogyakarta, Indonesia.

    Sharply lower oil prices are widely hailed as a positive for most Asian markets, but that hasn't slowed fund outflows or raised growth forecasts much.