Indonesian officials routinely inflate rice harvest data, but their latest phony numbers could lead to a severe shortage, officials say.» Read More
JAKARTA, Oct 1- Indonesian exports in August tumbled 24.3 percent from a year earlier, twice as much as forecast, and imports surprisingly fell, leaving the country with its first trade surplus since March.
JAKARTA, Oct 1- Indonesia's exports slumped more than expected in August while annual inflation eased in September, leading economists to expect the central bank to have room to keep benchmark interest rates at a record low all year.
JAKARTA, Oct 1- Indonesia's foreign tourist arrivals in August grew 2.1 percent from year-ago levels, the country's statistics bureau said on Monday. Arrivals in July fell 5.94 percent from a year ago, marking the the first annual drop in over a year.
JAKARTA, Oct 1- Indonesian exports in August fell 24.3 percent from a year earlier, a fifth straight month of decline and a deeper fall than expected, the country's statistics bureau said on Monday. Indonesia's inflation in September eased to 4.31 percent from a year earlier, lower t han expected and versus 4.58 percent in August, the statistics bureau said.
JAKARTA, Oct 1- Indonesian exports in August fell 24.3 percent from a year earlier, a fifth straight month of decline, while imports also fell unexpectedly, the country's statistics bureau said on Monday. Here are Indonesia's August trade figures as reported by the bureau.
*Arrium rejects bid, calling it undervalued and conditional. *Arrium shares soar as much as 29 percent to one-month high. SYDNEY/ MELBOURNE, Oct 1- Australian miner and steel maker Arrium rejected a A $1.01 billion takeover offer from a consortium including Noble Group.
JAKARTA, Oct 1- Indonesia's inflation in September eased to 4.31 percent from a year earlier, lower t han expected and versus 4.58 percent in August, the country's statistics bureau said on Monday. A Reuters poll of analysts had projected consumer prices in September would be 4.60 percent higher than a year earlier.
Asian equity markets, which have had a stellar rally this year with gains of more than 10 percent in much of the region, are now starting to lose their shine as the outlook for regional exports deteriorates, analysts told CNBC.
As protests against a U.S. made anti-Islam video continue across the world, the president of Indonesia, which has the world’s largest Muslim population, seeks to reassure investors that all steps will be taken to ensure stability and promote economic growth in his country.
The country’s economy continues to grow even in the face of a global economic slowdown, the country’s president, Susilo Bambang Yudhoyono, told CNBC’s “Closing Bell” on Monday.
Susilo Bambang Yudhoyono, President of Indonesia, discusses the violence in the Middle East, shares his opinions on free speech, and makes the case for investing in his country. "There is a limitation in exercising a human right," he says.
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Greater spending from the burgeoning emerging market middle class is one of those themes global and emerging market investors have clung to as developed market consumers and governments deleverage. But there’s a growing risk emerging market consumers could start pulling back as industrial commodity prices fall and higher food prices lighten consumers’ wallets.
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If you've never heard of Ulan Bator, that's about to change.The Christian Science Monitor reports.
Pork and chicken will join beef on the menu of expensive meats as drought and US ethanol policy combine in a corn “disaster”, the head of the world’s largest pork producer has said. The FT reports.
When Jakarta-based Saratoga Capital sought to raise $400 million for its new private equity fund in recent months, investors generously offered $1.3 billion instead. Brazil has slowed dramatically, China continues to look weak despite interest rate and reserve requirement cuts, India’s growth has fallen to multiyear lows and Russia remains dependent on volatile oil prices for its prosperity.
Bernanke's testimony looms and British inflation sinks — it's time for your FX Fix.