Asia Top News and Analysis Indonesia

  • *Arrium rejects bid, calling it undervalued and conditional. SYDNEY/ MELBOURNE, Oct 1- A consortium including Noble Group and POSCO urged Arrium.

  • Credit Suisse started coverage of PT Garuda Indonesia Tbk. with an' outperform' and a target price of 900 rupiah, saying the national flag carrier's d i scounted stock price, organic revenue growth and cost cuts make the stock attractive.

  • While the retailer has benefited from Indonesia's expanding middle class and housing boom, competitive threats are intensifying, it said. 12:33 STOCKS NEWS INDONESIA- Indonesia's Provident Agro plans $31 mln October IPO.

  • BANGKOK, Oct 1- Thailand's headline inflation rate rose more than expected in September but that was partly due to a low base last year, so the central bank is unlikely to change its stance of leaving policy on hold for now as risks to economic growth remain high.

  • *Japan business mood darkens as slowdown bites* South Korea Sept exports fall on weak global demand* European PMIs expected to confirm recession By Lucy Hornby and Leika Kihara.

  • 10:41 STOCKS NEWS INDONESIA- Trading in Indonesia Air Transport suspended. The Indonesian stock exchange suspended trading in the shares of PT Indonesia Air Transport after the stock's price nearly tripled in the last two weeks.

  • 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.

  • *Japan business mood darkens as slowdown bites* South Korea Sept exports fall on weak global demand* European PMIs expected to confirm recession By Lucy Hornby and Leika Kihara.

  • JAKARTA, Oct 1- The following is a detailed breakdown of Indonesia's September consumer price index released by the country's statistics bureau on Monday.

  • 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.

  • A lone Chinese investor talks on the phone as he monitors his stock prices at a security firm in Hefei, east China's Anhui province.

    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.

  • Indonesian President Susilo Bambang Yudhoyono

    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.

  • Pedestrians cross a street in Jakarta's modern business district.

    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.

  • Indonesian President: Free Speech Is a Human Right

    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.