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Asia Top News and Analysis Indonesia

  • Copper coil

    Freeport-McMoran bought Plains Exploration and McMoran Exploration -- a company in which it already owns a partial stake -- in two deals worth a combined $9 billion.

  • china-factory-worker.jpg

    China's economy picked up in November but a broader global recovery remains fragile and patchy, a clutch of surveys suggested, with activity elsewhere in Asia remaining subdued amid depressed demand from the developed world.

  • Opportunities in Emerging Asia

    Andre De Silva, Head of Asia-Pacific Rates, HSBC Global Research says investor worries about hot money flowing out of emerging markets like Malaysia and Indonesia are unfounded due to favorable market conditions.

  • Southeast Asia’s Time to Shine, Not Just Due to Obama

    In a week where U.S. President Barack Obama has made Southeast Asia the center of his first post-election trip overseas, upbeat economic news highlights another reason why the region is gaining in prominence globally.

  • Bank Indonesia to Keep Rates Unchanged : Nomura

    Euben Paracuelles, VP & SE Asia Economist, Nomura Singapore explains why the likelihood of BI to keep rates steady is a good move. He adds that the central bank should remain on a tightening bias to cool domestic demand.

  • LONDON, Nov 5- Copper hit two-month lows on Monday as the U.S. presidential election, a leadership transition in China and two central bank meetings this week kept risk-prone investors on the sidelines of financial markets.

  • LONDON/ SHANGHAI, Nov 9- Copper hit two-month lows on Monday as the forthcoming U.S. presidential election, a leadership transition in China and two central bank meetings this week kept risk-averse investors on the sidelines of financial markets.

  • JAKARTA, Nov 5- Indonesia's supreme court has scrapped a government ban on the export of unprocessed minerals, the country's chamber of commerce said on Monday, and urged the government to draft new mineral export rules.

  • JAKARTA, Nov 5- Indonesia's supreme court has scrapped a government ban on the export of unprocessed minerals, the country's chamber of commerce said on Monday, and urged the government to draft new mineral export rules.

  • *Q3 GDP growth 6.17 pct year-on-year, vs forecast 6.21 pct. JAKARTA, Nov 5- Indonesia's economy grew 6.2 percent in the third quarter from a year earlier, in line with forecasts, as the global downturn finally began to drag on a country whose resilience has attracted a flood of foreign investment this year.

  • *MSCI Asia ex- Japan falls, Nikkei drops 0.5 pct. U.S. stock futures suggested a firm Wall Street start, with a 0.2 percent rise, but European shares were seen falling, with financial spreadbetters expecting London's FTSE 100, Paris's CAC-40 and Frankfurt's DAX to open down as much as 0.5 percent.

  • JAKARTA, Nov 5- Indonesia's economy is seen growing at its slowest pace in two years in the third quarter, as the global downturn finally catches up with a country whose resilience has made it a magnet for foreign investors this year.

  • Indonesia's Economy Will Slow: Barclays

    Prakriti Sofat, Regional Economist, Barclays Capital thinks domestic consumption will be sustained in Indonesia but domestic investments could slow, which will drag down on economic growth.

  • WASHINGTON- U.S. employers stepped up hiring in October and a small increase in the jobless rate was due to more workers restarting their job hunts, a hopeful sign for a lackluster economy that has been a drag on President Barack Obama's re-election bid ( USA- ECONOMY/JOBS, moved, 900 words).

  • JAKARTA/ LONDON, Nov 2- Financier Nat Rothschild is in talks with Indonesian investors, including a contender for the country's presidency, on a plan to counter a $1.4 billion proposal by the influential Bakrie family to dismantle coal mining group Bumi Plc, sources said.

  • *LinkedIn shares jump after earnings. *S&P 500 up 0.4 pct, Dow up 0.3 pct, Nasdaq up 0.2 pct. NEW YORK, Nov 2- The S&P 500 climbed in early trading Friday as U.S. employers stepped up hiring in October and the jobless rate ticked higher as more workers restarted job hunts, a hopeful sign for a lackluster economy.

  • *LinkedIn shares jump after earnings. *S&P 500 up 7.8 pts, Dow up 32 pts, Nasdaq up 8.75 pts. S&P 500 futures rose 7.8 point and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract.

  • *S&P 500 up 0.1 pts, Dow down 6 pts, Nasdaq down 2.25 pts. NEW YORK, Nov 2- S&P 500 stock index futures were little changed on Friday after Wall Street posted its best daily rise in seven weeks and ahead of the last monthly jobs report before the presidential elections next week.

  • *S&P 500 up 0.1 pts, Dow down 6 pts, Nasdaq down 2.25 pts. NEW YORK, Nov 2- S&P 500 stock index futures were little changed on Friday after Wall Street posted its best daily rise in seven weeks and ahead of the last monthly jobs report before the presidential elections next week.

  • Nov 1- Newmont Mining Corp, the world's second-largest gold producer, reported a lower-than-expected quarterly profit after a steep fall in production and a sharp rise in costs at its big Batu Hijau copper and gold mine in Indonesia.