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Asia Top News and Analysis Indonesia

  • BEIJING/ MANILA, July 20- China's reform of its vast corn sector is spurring a rapid revival of cheaper high-fructose corn syrup, putting it on a collision course with Asian sugar producers in a battle for the lucrative sweetener market. China's producers have also found willing buyers abroad. "HFCS is changing the structure of the sugar industry in China and...

  • DILI, East Timor— Almost two dozen parties are contesting parliamentary elections in East Timor this weekend that are likely to return independence heroes to power despite frustration in the young democracy with lack of economic progress and warnings the country could be bankrupt within a decade. But the current cast of leaders, whose popularity owes much to...

  • CAPE TOWN- South African Reserve Bank starts its three-day monetary policy committee meeting. JAKARTA- Indonesia Central Bank board of governors' meeting. JOHANNESBURG- South African Finance Minister Malusi Gigaba makes an address at the American Chamber of Commerce in South Africa's networking breakfast on "Working towards financial recovery in South...

  • Natuna, Ranai, Indonesia - August 20, 2016.

    Indonesia is defending its maritime rights within the South China Sea in a perceived move against Chinese encroachment.

  • July 18- U.S.-based Prudential Financial Inc has entered the Indonesian life insurance market in a joint venture with a unit of CT Corp in Jakarta, the companies said on Tuesday. Prudential's Pruco Life Insurance Company unit has acquired a 49 percent stake in PT Asuransi Jiwa Mega Indonesia, the life insurance subsidiary of Indonesia- based CT Corp, the...

  • July 18- U.S.-based Prudential Financial Inc has entered the Indonesian life insurance market in a joint venture with a unit of CT Corp in Jakarta, the companies said on Tuesday. Prudential's Pruco Life Insurance Company unit has acquired a 49 percent stake in PT Asuransi Jiwa Mega Indonesia, the life insurance subsidiary of Indonesia- based CT Corp, the...

  • JAKARTA, Indonesia— The encrypted messaging app Telegram is forming a team of moderators who are familiar with Indonesian culture and language so it can remove "terrorist-related content" faster, its co-founder said Sunday, after Indonesia limited access to the app and threatened a total ban. Pavel Durov, who with his brother Nikolai founded the app in 2013,...

  • A man is seen as a silhouette as he checks a mobile device whilst standing against an illuminated wall bearing Telegram's logo.

    The encrypted messaging app Telegram is forming a team of moderators who are familiar with Indonesian culture and language.

  • JAKARTA, Indonesia— The encrypted messaging app Telegram is forming a team of moderators who are familiar with Indonesian culture and language so it can remove "terrorist-related content" faster, its co-founder said Sunday, after Indonesia limited access to the app and threatened a total ban. The Ministry of Communications and Information Technology on...

  • SYDNEY- Reserve Bank of Australia to release the minutes of July monetary policy meeting- 0130 GMT. SYDNEY- Alex Heath, Head of Economics Analysis Department at Reserve Bank of Australia, gives speech at the Women in Economics panel at the Australian Conference of Economists, Sydney- 0530 GMT. MELBOURNE- Assistant Governor at the Reserve Bank of Australia, Michele...

  • JAKARTA, Indonesia— Indonesia's intellectual property agency has given preliminary approval to two Donald Trump trademarks a bit more than two years after the applications were filed. In Indonesia, the Trump Organization will operate two luxury resorts being built by billionaire Hary Tanoesoedibjo, who is banned from leaving the country while being...

  • SYDNEY- Reserve Bank of Australia to release the minutes of July monetary policy meeting- 0130 GMT. SYDNEY- Alex Heath, Head of Economics Analysis Department at Reserve Bank of Australia, gives speech at the Women in Economics panel at the Australian Conference of Economists, Sydney- 0530 GMT. JAKARTA- Indonesia Central Bank board of governors' meeting.

  • KUALA LUMPUR, July 13- Malaysia has put on hold a $2 billion plan to replace its aging fleet of combat aircraft, looking instead to upgrade its aerial surveillance capabilities to confront the growing threat of militancy inspired by the Islamic State group, a source with knowledge of the matter said. But Malaysia has shelved those plans for now as it looks to boost...

  • KUALA LUMPUR, July 13- Malaysia has put on hold a $2 billion plan to replace its aging fleet of combat aircraft, looking instead to upgrade its aerial surveillance capabilities to confront the growing threat of militancy inspired by the Islamic State group, a source with knowledge of the matter said. But Malaysia has shelved those plans for now as it looks to boost...

  • Credit Suisse

    Credit Suisse turns more optimistic on Southeast Asian banks as the region's domestic demand will drive growth even as exports soften for the rest of 2017.

  • MELBOURNE/ SYDNEY, July 12- Copper prices climbed in Asia to the highest in more than a week on Wednesday, spurred that could further crimp mine supply. Workers also voted this week to approve a strike at a mine in Chile, following industrial disputes earlier in the year in Indonesia and at the world's biggest copper mine, also in Chile, that have whittled down copper...

  • SYDNEY, July 12- Copper prices climbed in Asia to the highest in more than one week on Wednesday amid a weaker U.S. dollar and concerns about industrial action that could further crimp mine supply. Meanwhile, workers voted to approve a strike at a mine in Chile, following industrial disputes in Indonesia and at the world's biggest copper mine, also in Chile, earlier...

  • SYDNEY, July 12- Copper prices climbed in early trading in Asia on Wednesday amid a weaker U.S. dollar and signs that global supply was levelling off after rising sharply in June. *LME COPPER: Three-month copper on the LME was up 0.4 percent at $5,900 a tonne by 0147 GMT, building on overnight gains in the more active London sessions. *SHFE COPPER: The most-traded copper...

  • LONDON, July 11- Copper prices rose on Tuesday after a rapid build-up of inventories that has weighed on the market since late June halted and workers voted to strike at a mine in Chile, raising supply concerns. The market over-reacted to increases in inventory, "said ABN AMRO analyst Casper Burgering, adding car sales, construction and manufacturing output in...

  • LONDON, July 11- Copper rose on Tuesday as a rapid build-up of inventories that has pushed prices lower since late June halted and workers voted to strike at a mine in Chile, raising supply concerns. The market over-reacted to increases in inventory, "said ABN AMRO analyst Casper Burgering, adding car sales, construction and manufacturing output in China remained...