Mark Thompson, director for south east Asia research centre at City University of Hong Kong, discusses the Indonesian presidential race as Joko Widodo is expected to be announced as the winner.» Read More
Glenn Maguire, Chief Economist, Asia Pacific at ANZ, explains why nationalistic campaign calls won't materialize after Indonesia's new president takes office.
Steve Norris, Senior Southeast Asia Analyst at Control Risks, says the quick count results which indicate a Jokowin win are more credible than the ones that predict a Prabowo win.
Perry Warjiyo, Deputy Governor of Bank Indonesia, highlights the current account deficit and inflation as the main factors impacting monetary policy.
The Australian Bureau of Meteorology this week said Pacific Ocean surface temperatures are at levels associated with a weak El Nino, but the threshold for the weather event has not yet been breached. El Nino could bring dry weather to Australia, which is already struggling with a drought, and it could also curb its wheat, sugar and cotton production.
JAKARTA, July 10- Indonesian shares and the rupiah rose on Thursday on the prospect of a presidential election victory for Jakarta Governor Joko "Jokowi" Widodo, widely seen as more business-friendly than his rival, former general Prabowo Subianto.
JAKARTA, July 10- The man most likely elected Indonesia's new president warned on Thursday against tampering with ballots ahead of a final count of votes later this month.
*Earnings, valuations concerns dominate in Europe. *Asia up as Wall St rises with Fed in no hurry to end QE. LONDON, July 10- European shares were back in negative territory on Thursday, a brief lift from U.S.
JAKARTA, Indonesia— After Indonesia's hotly contested presidential election ended with both sides declaring victory, front-running candidate Joko Widodo called on his supporters to refrain from celebrating out of fear that it could incite violence by his rival's supporters while the nation waits for official results.
The appointment of the cabinet is the first thing that investors will be looking out for after the election, says Andrew White, Managing Director, American Chamber of Commerce in Jakarta.
JAKARTA, July 10- Indonesian President Susilo Bambang Yudhoyono urged the two candidates in Wednesday's disputed presidential election to keep their supporters in check during what will be an agonisisng two-week wait for an official result. The Election Commission is due to announce the official result on July 22.
Tigor Siahaan, Chief Country Officer, Citi Indonesia, says investors expect a Jokowi win based on early counts. He also explains why unrest is unlikely in the event of a tight or contested result.
Edimon Ginting, Deputy Country Director, Indonesia, ADB, says now is the time for the Indonesian government to focus on domestic reforms.
*Asia up as Wall St rises with Fed in no hurry to end QE. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.3 percent. It's still unrealistic to count on exports to be an important contributor to economic growth, "said Wang Jun, an economist at the China Centre for International Economic Exchanges in Beijing.
Vera Eve Lim, Chief Financial Officer & Director at Bank Danamon, says it is ready for competition amid expectations that higher growth in Indonesia will attract more foreign lenders.
Vasu Menon, President, Wealth Management Singapore at OCBC Bank, says Jokowi's reform agenda makes him a favorite among investors and describes how his victory will give markets a boost.
Sofjan Wanandi, Chairman, Indonesian Employers Association, says authorities must monitor the possibility of vote manipulation and discusses the risk of social unrest.
Shaun Levine, Senior Analyst at Eurasia, says Indonesia is in a "wait and see" phase before official results are released but based on early counts, Jokowi may have won the election.
JAKARTA, July 10- Indonesia's stock market is expected to come under pressure on Thursday after both presidential candidates claimed victory in a tightly fought election.
JAKARTA, Indonesia— The rival candidates in Indonesia's presidential election each claimed victory Wednesday, raising uncertainty about the political and legal landscape in a nation that made the transition from dictatorship to democracy less than two decades ago. According to the three most reputable quick-count surveys, soft-spoken Jakarta Gov.
Anies Baswedan, Campaign Manager for Joko Widodo, elaborates on the presidential candidate's stance on issues like fuel subsidies and food security.