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  • EDINBURGH, Scotland- Bank of England's Executive Director of Prudential Policy David Rule at the Credit Scoring and Credit Control XIV Conference, University of Edinburgh. REYKJAVIK- Launch of Economic Survey of Iceland 2015. NEW YORK- Federal Reserve Bank of Boston President Eric Rosengren speaks on the economic outlook before the Forecasters Club of New...

  • JAKARTA, Aug 27- Indonesia will soon unveil a policy package aimed at propping up the fragile rupiah and helping an economy growing at its slowest pace in six years, senior government officials said on Thursday. Governments and central banks across emerging markets are being forced into action to stem falls in their currencies, especially after China allowed...

  • US stocks open higher after Chinese market surges Thursday, 27 Aug 2015 | 3:29 AM ET

    BEIJING— China's main stock index surged 5.3 percent Thursday, its biggest gain in eight weeks, as markets across Asia advanced in the wake of Wall Street's rebound, giving investors some relief after gut-wrenching global losses. Elsewhere in Asia, Hong Kong's Hang Seng rose 2.9 percent to 21,697.31 and Tokyo's Nikkei 225 added 1.1 percent to 18,574.44.

  • JAKARTA, Aug 27- Indonesia on Thursday will unveil a policy package intended to prop up the rupiah, which hit another fresh 17- year low, and boost investment at a time Southeast Asia's largest economy faces its weakest growth in six years. Darmin Nasution, the coordinating minister for economics, announced the package was coming after he met President Joko...

  • DIARY- Top Economic Events to Sept 9 Wednesday, 26 Aug 2015 | 8:00 PM ET

    German Chancellor Angela Merkel, EU foreign policy chief Federica Mogherini, European Commission Vice President Maros Sefcovic, European Bank for Reconstruction and Development President Sir Suma Chakrabarti and prime ministers of Italy, Serbia, Slovenia, Croatia and Albania to attend. PARIS- European Central Bank board member Benoit Coeure speaks at the...

  • JAKARTA, Aug 26- East Timor will tap into its $16.6 billion oil fund to build the necessary infrastructure to attract non-energy investment, the prime minister said on Wednesday, as disputes over undeveloped gas fields look to remain unresolved for years. Even if an agreement can be reached with Woodside, the project could still be held up by a decades-long...

  • Aug 21- Steiner Leisure Ltd, an operator of spas on cruise ships and in hotels, will be taken private by private equity firm Catterton Partners for about $843 million. Catterton has investments in consumer companies including high-end home furnishings chain Restoration Hardware Holdings, restaurant operator Noodles& Co and toymaker Build-A-Bear Workshop.

  • ADDIS ABABA, Aug 20- Ethiopian Airlines is powering ahead with a plan to expand its fleet and route network after exceeding its profit target for the 2014/ 15 year, its chief executive said in an interview. Ethiopian Airlines flew six million passengers in the prior year, up from 5.22 million in 2012/ 13.. Ethiopian Airlines plans to increase revenue to $10 billion by...

  • SUKABUMI, Indonesia, Aug 20- Poor infrastructure makes stable pricing difficult at the best of times in Indonesia, but the rural poor are increasingly pinning the blame for wild fluctuations in the price of staples on the policies and unmet promises of President Joko Widodo. With Southeast Asia's biggest economy growing at its slowest pace in six years, and half...

  • "A typical estimate is that a 1 percent loss in GDP is associated with a 4 percent reduction in house prices," San Francisco Fed President John Williams said in remarks prepared for delivery in Jakarta. Williams's own research and his interpretation of a range of other studies presented at the Bank Indonesia-BIS Conference bolster the argument that it should...

  • DIARY- Emerging Markets Economic Events to Sept 2 Wednesday, 19 Aug 2015 | 8:02 PM ET

    JAKARTA, Indonesia- Federal Reserve Bank of San Francisco releases text of speech of President John Williams before the Bank Indonesia-BIS Research Conference in Jakarta- 0645 GMT. SEOUL, South Korea- Federal Reserve Bank of Minneapolis President Narayana Kocherlakota speaks before the "Macroeconomic Policy and Price Measurement Issues in a Low Inflation...

  • DIARY- Top Economic Events to Sept 2 Wednesday, 19 Aug 2015 | 8:01 PM ET

    JAKARTA, Indonesia- Federal Reserve Bank of San Francisco releases text of speech of President John Williams before the Bank Indonesia-BIS Research Conference in Jakarta- 0645 GMT. STOCKHOLM- Sweden's Riksbank holds Executive Board Meeting- 1100 GMT. BERKELEY, United States- Federal Reserve Bank of Atlanta President Dennis Lockhart speaks on "Pensions and...

  • SUKABUMI, Indonesia, Aug 20- Poor infrastructure makes stable pricing difficult at the best of times in Indonesia, but the rural poor are increasingly pinning the blame for wild fluctuations in the price of staples on the policies and unmet promises of President Joko Widodo. With Southeast Asia's biggest economy growing at its slowest pace in six years, and half...

  • LONDON, Aug 19- Some major emerging currencies took a breather on Wednesday after a bruising few days, but many smaller ones were still suffering, while stocks hit fresh multi-year lows on reverberations from the weakening yuan. Russia's rouble ended six straight days of losses to gain 0.2 percent against the dollar, while South Africa's rand matched those...

  • DIARY- Top Economic Events to Sept. 1 Tuesday, 18 Aug 2015 | 8:01 PM ET

    JAKARTA, Indonesia- Federal Reserve Bank of San Francisco releases text of speech of President John Williams before the Bank Indonesia-BIS Research Conference in Jakarta- 0645 GMT. STOCKHOLM- Sweden's Riksbank First Deputy Governor Kerstin af Jochnick will speak on Current Monetary Policy and the Economic Situation- 0700 GMT. BERKELEY, United States-...

  • Asia's 'infrastructure gap' threatens to hamper growth Tuesday, 18 Aug 2015 | 2:11 AM ET

    The Philippines is far from alone. The outpouring of support for a Chinese-led bank to finance infrastructure highlights a gap in Asia's success story: From power-starved India to Thailand's overburdened railways, developing economies face a shortage of basic facilities so severe that it threatens to hold back growth and living standards.

  • What's weighing on Asian exports Tuesday, 18 Aug 2015 | 12:10 AM ET
    What's weighing on Asian exports

    Adrian Zuercher, executive director, Head Asset Allocation Asia at UBS, says Asia is seeing declining export figures amid slowing growth in China and an inventory adjustment process in the U.S.

  • BI to keep rates steady due to weak rupiah: DBS Monday, 17 Aug 2015 | 11:50 PM ET
    BI to keep rates steady due to weak rupiah: DBS

    Maynard Arif, VP of Research at DBS Vickers Securities Indonesia, expects the Indonesian central bank to keep its interest rate unchanged at 7.50 percent given the recent pressure on the rupiah.

  • Thai baht will extend losses in the near term: Pro Monday, 17 Aug 2015 | 10:48 PM ET
    Thai baht will extend losses in the near term: Pro

    Following the deadly explosion, markets will be monitoring the impact on Thailand's tourism sector, says Callum Henderson, global head of FX research at Standard Chartered.

  • BI has 'very little space to move': OCBC Monday, 17 Aug 2015 | 8:47 PM ET
    BI has 'very little space to move': OCBC

    Wellian Wiranto, economist at OCBC, says it's not a good time for Bank Indonesia to cut interest rates due to the volatility induced by China's yuan devaluation and a looming Fed rate hike.