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Jakarta
Sunday, January 20, 2019
JAKARTA (TheInsiderStories) - Trade war between United States (U.S) and China weighed on U.S and European bourses on Friday (f15/06) following tit-for-tat tariff announcements by the two countries. In his statement released on June 15, U.S's President Donald Trump announced a preliminary list of essential and strategic items that will be...
JAKARTA (TheInsiderStories) - The European Commission (EC) cleared all air carriers from Indonesia from the Air Safety list. In addition, a new system, warning the Air Traffic Controllers of all Member States has being deployed to prevent unsafe aircraft from entering European airspace. Today the EC updated the EU Air...
JAKARTA (TheInsiderStories) - The International Monetary Fund (IMF) warned United States (U.S) President Donald Trump that its new tariff policy could damage the global trading system. Moreover, when inviting acts of retaliation from trading partner countries, it will turn against the US economy. IMF's Managing Director Christine Lagarde in an IMF...
JAKARTA (TheInsiderStories) - United States dollar and Wall Street gained after the European Central Bank (ECB) decided hold the interest rates on Thursday (14/06). The central bank said it will also remove its crisis-era stimulus program by the end of this year, a decade after the start of the euro zone's economic...
JAKARTA (TheInsiderStories) - Crude oil price rally continued, after oil stocks in the United States fell significantly after dropped last week over concerns of rising global supplies, as well as Saudi Arabia and other major producers hinted at plans to increase production. This morning, the price of West Texas Intermediate (WTI) crude...
JAKARTA (TheInsiderStories) - The majority of Asian stock markets fell in early trading on Thursday (14/06), after the Federal Reserve (Fed) raised its benchmark rate by 25 bps to 1.75 percent to 2 percent. The decision marking the second hike of 2018. Asian stock losses trailing Wall Street under pressure on Wednesday's close. This...
Singapore (TheInsiderStories) ― Japan's Toyota Motor Corp., lead a new financing round worth of US$1 billion in Grab Holdings Inc., the Southeast Asia’s leading O2O mobile platform announced today. The transaction is subject to the satisfaction of certain closing conditions. As part of the agreement, Toyota and Grab will strengthen and expand...
JAKARTA (TheInsiderStories) - Saudi Aramco to start supply gasoline to Indonesia's oil & gas producer PT Pertamina starting July, said traders last week. Its trading armed Saudi Aramco Products Trading Company will be supplying a total of about 1 million barrels a month. Saudi Aramco and Pertamina has plan to set the...
JAKARTA (TheInsiderStories) - Ahead of the meeting of the three central banks, the U.S dollar strengthened and sterling fluctuated against other global currencies. The world's top central banks the Federal Reserves (Fed), European Central Bank (ECB) and Bank of Japan (BoJ) meet this week. The dollar rallied against major currencies on yesterday...
JAKARTA (TheInsiderStories) - United States President Donald Trump and Chairman of the Democratic People’s Republic of Korea Kim Jong Un have signed a joint document on the commitment to working the completion of denuclearization of the Korean Peninsula after long hours meeting in Singapore. The document signed by the leaders at...

Latest article

“Warung Pintar” Raises US$ 27.5M in Series B Funding

JAKARTA (TheInsiderStories) – Indonesia micro retail technology startup company Warung Pintar just announced that it had secured US$ 27,5 million in series B funding....

Malaysia’s Grab Create Digital Insurance Marketplace in SEA

JAKARTA (TheInsiderStories) - Malaysian Grab Holdings Inc., ride-hailing operator in Southeast Asia, has collaborated with Hong Kong ZhongAn Technologies International Group Ltd. (HKEX stock code: 6060),...

Indonesia’s J Resources Private Placement May Stumble on Free Float Regulation

JAKARTA (TheInsiderStories) — Indonesian gold miner, PT J Resources Asia Pasifik Tbk (IDX: PSAB) will issue 2.64 billion new shares through private placement, said...

Industrial Bank of Korea Officially Owned Bank Agris

JAKARTA (TheInsiderStories) - Industrial Bank of Korea (IBK) officially owned 95.79 percent of Indonesian lender PT Bank Agris Tbk (IDX:AGRS). Followed the compeletion, IBK intends...

Insight: Expecting China’s Lower Borrowing Costs Impact on Indonesian Economy

JAKARTA (TheInsiderStories) — The bamboo curtain country is on its path to relieve the economic slowdown. China’ central bank took action by distributing RMB1.14...

The Global Economy: Rising Recession Risks

JAKARTA (TheInsiderStories) - The danger of a global economic downturn has risen, but the probability of a recession in 2019 is still low. After a brief...