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Indonesia Targets Russian and Eurasian Markets, Barter Palm Oil With Jet

JAKARTA (TheInsiderStories) - Indonesian Trade Ministry intensively boosted exports to global markets. One of the targets export to Russia and Eurasia as an entrances to...

Softer increase in exports narrows Japan’s trade surplus in June

By Harumi Taguchi, Principal Economist, IHS Markit   Key Points: Ÿ   Japan’s trade surplus fell 35.9% in June year on year (y/y) to JPY440 billion (USD39 billion)...

Indonesian Trade Surplus US$1.63 Billion, But Export Falls

JAKARTA (TheInsiderStories) – Indonesia’s trade surplus reached US$1.63 billion in June 2017,the Central Bureau of Statistics (BPS) reported. In June 2016, Indonesia's trade surplus was...

EU Commission fines Google €2.42 billion for breach antitrust rules

JAKARTA (TheInsiderStories) - The European Union (EU) Commission has fined Google Inc., for €2.42 billion (around US$2.7 billion) for breaching EU antitrust rules, said...

Bank of Japan keeps monetary policy steady

JAKARTA (TheInsiderStories) - Bank of Japan (BoJ) keep the interest rate steady. The overnight interest rate of minus 0.1 percent to the Policy-Rate Balances in current accounts...

Indonesian trade balance surplus US$470 million in May

JAKARTA (TheInsiderStories) - Indonesia's trade balance surplus US$470 million in May dropped significantly compared to April worth of $1.33 billion, the Central Bureau of Statistics...

China’s trade balance continues to decline on improved demand for imports from developed markets

By Brian Jackson, China Economist, IHS Markit Key Points: China's merchandise exports grew 8.7% in May, compared to 8.0% in April, according to data from...

World Bank : East Asia and the Pacific, Indonesia robust in H1 2017

JAKARTA (TheInsiderStories) - Growth in developing East Asia and Pacific continued to be robust in the first half (H1) of 2017, in line with expectations....

The global economy is on firmer footing as trade rebounds – IHS Markit

May World Economic Forecast Flash from Global Insight  by  Chief Economist Nariman Behravesh and Senior Research Director Sara Johnson World Flash The global economy is on firmer...

Indonesian palm oil export rises 20% to Europe amid negative campaign

JAKARTA (TheInsiderStories) - Trade Minister Enggartiasto Lukita said that Indonesia’s palm oil export to Europe has increased around 20 percent despite European Union’s moratorium...

ASEAN’s leaders reaffirms ASEAN Community Vision 2025, discource peace in the peninsula

JAKARTA (TheInsiderStories) - Heads of State and Government of ASEAN member States reaffirmed their commitment that the ASEAN Community Vision 2025 and the United Nations 2030 Agenda...

Morning Briefing: Indonesia’s Consumer Optimism Drops in March

JAKARTA (TheInsiderStories) - Good Morning! Bank Indonesia reported March' consumer optimism stood at 113.8, lowers than previous month of 117.7. The consumer confidence index is stifled due...

Weekly Briefing: Indonesia’s Forex Reserves of US$130B in February

JAKARTA (TheInsiderStories) - Bank Indonesia reported foreign exchange reserves at February amounted to US$130.4 billion, slightly lower than the position in January 2020 of $131.7...

Weekly Briefing: Chinese Economy Back to Normal

JAKARTA (TheInsiderStories) - Good Morning! The chinese economy back to normal again starting today after the coronavirus outbreak has hit the country for weeks. Although,...

Global Central Banks Flails to Lower Interest Rates Tends to Negative

JAKARTA (TheInsiderStories) - Major global central banks flails to lower interest rate amid the higher uncertainty. Some also bring the benchmark rates to negative...

Lagarde Promises to Continue ECB’s Loose Monetary Stance

JAKARTA (TheInsiderStories) - Christine Lagarde, the nominee to be the European Central Bank (ECB) next president, promised to continue the bank' current loose monetary...

Europe Annual Inflation Lowering to 1.0% in July

JAKARTA (TheInsiderStories) - Eurostat reported euro-area inflation slowed to 1 percent in July from last year and down from June at 1.3 percent. While, European Central...

Saudi Arabia Asks Oil Producers Lowering the Production

JAKARTA (TheInsiderStories) - Delicate situation of oil price made Saudi Arabia recommended oil producer countries to gently driving oil inventories down. It sees no need to...

Pompeo: Trump Wants to Improve Relations with Russia

 JAKARTA (TheInsiderStories) – Secretary of State Mike Pompeo expressed the wish of President of United States (US) Donald Trump to improve his relationship with...

ADB: Asia’s Economies Slowing Down in 2019, 2020

JAKARTA (TheInsiderStories) - Asian Development Bank (ADB) forecasted the declining of gross domestic product (GDP) growth for developing Asia, from 5.9 percent in 2018...

Indonesian Government Optimistic Export Grows 11% in 2018

JAKARTA (TheInsiderStories) - Trade Minister Enggartiasto Lukita is optimistic that Indonesian export growth throughout 2018 could reach 11 percent compared to 2017. The Coordinating Minister for...

ECB Bought Public, Private Securities €29.9B in July

JAKARTA (TheInsiderStories) - The European Central Bank (ECB) bought public and private sector securities worth €29.9 billion in July under its expanded asset purchase...

Market Update: Dollar Soar, Asian Markets Cautiously Mixed Follows ECB Policy

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...

Global Review: Trump, Jon Un Meeting Will Calm Down World Tensions 

JAKARTA (TheInsiderStories) - United State's (U.S) President Donald Trump has finally decided to meet North Korean leader Kim Jong Un in a most awaited...

ECB Leaves Rate Unchanged, U.S Economic Data Mixed

JAKARTA (TheInsiderStories) - The European Central Bank (ECB) left its key interest rate unchanged in the governors meeting today (26/04) amid the global economy...