Asia Top News and Analysis Indonesia

  • Jim Cramer on the set of Mad Money

    Jim Cramer explained what makes a company the best in its sector and when to buy.

  • Graduates pose for a photo as they line up for the Baruch College Commencement Exercise at the Barclay's Center in the Brooklyn borough of New York City

    Jim Cramer shared his story of how learned to find an edge on stocks, and pay for his college education.

  • JAKARTA, Indonesia— Six Indonesian provinces have declared states of emergency as forest fires blanketed a swath of Southeast Asia in a smoky haze. Singapore's air quality deteriorated to unhealthy levels on Friday as winds blew smoke from fires on Sumatra across the city-state and into southern Malaysia. The number of hotspots detected in Sumatra and...

  • Indonesian men put out a fire in Ogan Ilir, southern Sumatra on October 22, 2015.

    Southeast Asia is bracing itself for its annual, uncomfortable tryst with haze from Indonesia.

  • JAKARTA, Indonesia— Indonesia's navy said Thursday it has located a fuel tanker that was missing for a week after being taken from port by its disgruntled crew. The 53- meter long coastal tanker is being escorted to Tanjung Pinang, the provincial capital of Indonesia's Riau islands, for further investigation. Vier Abdul Jamal, chief executive of the ship's owner...

  • Hurricane whips palm trees

    Not all commodities will ride the wave of recovery into 2017; palm oil prices are set to buck the trend.

  • *Aramco could reduce stake in Cilacap facility- Indonesia govt. *Indonesia hopes to formalise joint venture in Oct. JAKARTA, Aug 24- Oil and gas giant Saudi Aramco may reduce its stake in a proposed $5.5 billion refinery project in Indonesia, the country's energy minister said on Wednesday.

  • *Aramco could reduce stake in Cilacap facility- Indonesia govt. *Indonesia hopes to formalize joint venture in Oct. JAKARTA, Aug 24- Oil and gas giant Saudi Aramco may reduce its stake in a proposed $5.5 billion refinery project in Indonesia, the southeast Asian nation's energy minister said on Wednesday.

  • WASHINGTON, Aug 23- World Bank President Jim Yong Kim on Tuesday formally launched a bid for a second five-year term as head of the multilateral development lender, whose board pledged an "open, merit-based, and transparent" selection process. "I have informed the Dean of the Board that I would be honored to be considered for a second term as head of the World Bank and...

  • Pokemon Go on Apple iPhones

    The smartphone game “Pokemon Go” is a hit with fans and as it rolls out across Asia, the game is having surprising impacts on businesses.

  • JAKARTA, Aug 19- Indonesian oil and gas producer PT Medco Energi Internasional Tbk plans to invest $500 million to build a copper smelter following its deal to buy control of Newmont Nusa Tenggara, its president commissioner told Reuters. The purchase of a majority stake in NNT, which runs Indonesia's second-biggest copper and gold mine, will help Medco to...

  • *First priority is restoring budget credibility- finmin. *5.2 pct GDP growth doable this year but' a little tough'. JAKARTA, Aug 19- Indonesian Finance Minister Sri Mulyani Indrawati warned tax dodgers that an eight-month tax amnesty program was their last opportunity to have all of their "sins deleted" or face "hell" afterwards.

  • From Indonesia to Hong Kong and Cambodia, the wild popularity of Nintendo's augmented reality app is also driving lifestyle changes for many gamers, who must trudge through real-life locations in their quest. In Indonesia, Muchamad Syaifudin, a 29- year-old bank employee, said he switched to a mobile carrier offering better data packages, while his friends...

  • Bank Indonesia

    OCBC Bank's Wellian Wiranto and UBS WM's Kelvin Tay discuss the likely impact of the tax amnesty program on Indonesia's currency.

  • Bank Indonesia

    Bank Indonesia will want to limit the currency appreciation which came from increased inflows, says Credit Suisse's Santitarn Sathirathai.

  • FRIDAY, AUGUST 19 SINGAPORE- Monetary Authority of Singapore Managing Director Ravi Menon to give a keynote speech at the 6th Annual SKBI conference on "Fintech and Financial Inclusion" at Singapore Management University- 0100 GMT JAKARTA- Indonesia central bank interest rate decision- 0000 GMT. BUDAPEST- Hungarian Central Bank holds rate-setting meeting-...

  • Bank Indonesia

    Oxford Economics' Oliver Salmon says the 7-day reverse repo rate has a shorter tenure so it should be more aligned with money market operations.

  • A Royal Malaysian Naval sailor stands aboard a naval ship.

    An oil tanker carrying 900,000 liters of diesel has been hijacked and taken into Indonesian waters, Malaysian maritime authorities said on Tuesday.

  • WEDNESDAY, AUGUST 17 JOHANNESBURG- J.P Morgan conference call with SARB Deputy Governor Kuben Naidoo, who will share his views on South Africa's financial outlook with regard to recovery, interest rates and reforms- 1030 GMT. BEIJING- China's Commerce Ministry holds its regular briefing- 0200 GMT. SINGAPORE- International Monetary Fund and the Sim Kee Book...

  • JAKARTA, Indonesia— The U.S. aviation regulator has upgraded Indonesia's safety rating, clearing the way for its airlines to fly to North America after nearly a decade of being barred. The Federal Aviation Administration said its assessment completed in March found that safety oversight by Indonesia's civil aviation authority complied with international...