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Federal Reserves: US Economy Not Recovers Until 2021

JAKARTA (TheInsiderStories) - United States (US) Federal Reserve (Fed) minutes from its March meetings revealed that in its worst-case scenario the central bank believed that the...

COVID-19, Oil Price Shock will Magnify Weaknesses 2020 Sovereign Outlook

JAKARTA (TheInsiderStories) - The coronavirus outbreak and the related oil price shock will lower sovereigns' economic and fiscal strength, increase weaker sovereigns' vulnerability to shifts in...

Morning Briefing: Pressures in the Global Economy Still High

JAKARTA (TheInsiderStories) - Good Morning! The United States (US) Wall Street ended in the red zone on Monday, burdened with the lack of progress regarding...

Indonesia’s Tourism Sectors Losses US$1.5B Due to COVID-19

JAKARTA (TheInsiderStories) - Indonesia' tourism sector has suffered losses of at least US$1.5 billion since January amid growing fears of the pandemic, said the association....

Indonesia’s President: No Lockdown Policy

JAKARTA (TheInsiderStories) - President Joko Widodo asserted the government will not adhere the lockdown policy to overcome the coronavirus outbreak in Indonesia. He also averted...

Weekly Briefing: Investors Anticipating Stimulus Policy Actions

JAKARTA (TheInsiderStories) - Good Morning! After a week of turmoil in global markets, triggered by the oil price slump and increasing use of containment measures amid...

Indonesian Market Down, Investors Needs More Confidence

JAKARTA (TheInsiderStories) - For the second time, Indonesia Stock Exchange (IDX) halt the stock market trading after the Jakarta Composite Index (JCI) plunge 5.11 percent to 4,645.77...

Breaking News: Indonesia Gives New Stimulus US$10B

(JAKARTA (TheInsiderStories) - Indonesian government prepares second stimulus Rp147.90 trillion (US$10.20 billion) for the industry to help the domestic economy from COVID-19 effect, said senior...

Morning Briefing: Wall Street Cut Loss, Other Markets Suffered

JAKARTA (TheInsiderStories) -  Good Morning! United States (US)' Wall Street closed at its lows of the session on Thursday, with the Dow posting a whopping 10...

Breaking: IDX Halt Stocks Market Trading After JCI Down 5%

JAKARTA (TheInsiderStories) - Indonesia Stock Exchange (IDX) halt the stocks market trading after the Jakarta Composite Index (JCI) down 5 percent to 4,895.75. The price...

UK Launchs Stimulus US$38B, Support IMF’s Catastrophe Relief Fund

JAKARTA (TheInsiderStories) - The United Kingdom (UK) launched a stimulus package worth of GBP30 billion (US$38.46 billion) to ward off the economic impact of the coronavirus...

Bank Indonesia Intervenes Bond Market to Guard Rupiah

JAKARTA (TheInsiderStories) - Bank Indonesia (BI) has poured Rp130 trillion (US$9.29 billion) to stabilized the government bond market since the beginning of this year,...

European Commission Prepares Corona Response Investment US$28B

JAKARTA (TheInsiderStories) - The European Commission will bring forward a coronavirus response investment fund of EUR25 billion (US$28.41 billion) to help the healthcare systems, small medium...

Coronavirus: Can Policymakers Avert a Trillion-dollar Crisis?

JAKARTA (TheInsiderStories) - The spread of the coronavirus is first and foremost a public health emergency, but its also a significant economic threat. The COVID-19 shock...

Trump Seeks “Big” Stimulus to Fight Coronavirus Effects

JAKARTA (TheInsiderStories) - United States (US) President Donald Trump announced a new economic stimulus and said he would take "major steps" to ease economic...

Coronavirus Will Hurt Economic Growth in Many Countries in 1H of...

JAKARTA (TheInsiderStories) - Moody’s Investors Service has revised its global macro outlook and its baseline growth forecasts for all G20 economies. The coronavirus outbreak has spread...

Global Market Unstable, Need More Stimulus

JAKARTA (TheInsiderStories) - Asian market try to stabilize after major global stock market plunged on Monday as speculation of coordinated stimulus from global central banks...

Morning Briefing: King of Dutch Meets Indonesian President

JAKARTA (TheInsiderStories) - Good Morning! King of Dutch, Willem Alexander has scheduled to meet President Joko Widodo during his visit to Indonesia starting yesterday. In...

Indonesia’s FSA Allows Issuer Buyback Shares up to 20%

JAKARTA (TheInsiderStories) - Indonesia' Financial Services Authority (FSA) allowed listed companies to buyback shares up to 20 percent of their paid-up capital without need a shareholders...

Fiscal Policies to Protect People During the Coronavirus Outbreak

JAKARTA (TheInsiderStories) - A key role of government is to protect the well-being of its people—most crucially and visibly during emergencies such as the recent...

ECB: Additional Stimulus on The Way, But How Much and How...

JAKARTA (TheInsiderStories)-  IHS Markit expects the European Central Bank (ECB) to announce yet another package of easing measures on March 12. This is likely to...

OPEC Proposes 1.5M barrels Cut, Oil Prices still Weaken

JAKARTA (TheInsiderStories) - The heads of Organization of the Petroleum Exporting Countries (OPEC) recommended an extending the duration of the proposed 1.5 million barrels per...

Indonesia Set March’s Coal Benchmark Prices US$67.08 a Ton

JAKARTA (TheInsiderStories) - The energy mineral and resources (EMR) ministry set the reference price of coal US$67.08 per metric ton (MT) for March. The price...

Morning Briefing: BI Sees Indonesia Economy Rebound in 2Q

JAKARTA (TheInsiderStories) - Good Morning! Bank Indonesia believes there is an economic rebound in the second quarter (2Q) of 2020 due to the coronavirus outbreak. The...

Indonesia Bans Travelers from Iran, Italy, and South Korea

JAKARTA (TheInsiderStories) - Indonesia to ban travelers from Iran, Italy, and South Korea after World Health of Organization (WHO) reported there are a significant...

ADB Pledges Loan Budget US$2.7B for Indonesia

JAKARTA (TheInsiderStories) - The Asian Development Bank (ADB) is committed to raising the loan budget to Indonesia from last year worth of US$ 1.7 billion...

Morning Briefing: China Rolls Out Fiscal Stimulus

JAKARTA (TheInsiderStories) - Chinese President Xi Jinping chaired a leaders meeting to study the major tasks in preventing and controlling the coronavirus disease and stabilizing...

Indonesia Finalizes More Stimulus to Protect the Economy from COVID-19

JAKARTA (TheInsiderStories) - Indonesian government finalizes a second stimulus package to combat the spread of COVID-19 to the economy, said senior minister today (03/04). The measure follows the unveiling...

World Bank Prepares US$12B to Overcome COVID-19 Impact

JAKARTA (TheInsiderStories) - The World Bank Group prepared an initial package of up to US$12 billion ito help countries overcome the health and economic impacts of...

Morning Briefing: Major Central Banks Cuts the Rate

JAKARTA (TheInsiderStories) - Good Morning! United States (US) Federal Open Market Committee (FOMC) decided cut its Fed Fund Rates by half percentage to 1.00...