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World Bank Cuts Indonesia’s Growth to 5% This Year

JAKARTA (TheInsiderStories) - The World Bank has cut Indonesia’s economic growth forecast to 5 percent for 2019, from the initial 5.1 percent in June,...

IMF Cuts Eurozone Growth Forecasts to 1.2% This Year

JAKARTA (TheInsiderStories) - The International Monetary Fund (IMF) cut its Eurozone growth forecasts 1.2 percent this year, down from an estimate of 1.3 percent...

Morning Briefing: Tension between South Korea, Japan Rising

JAKARTA (TheInsiderStories) – Good morning! Tensions between South Korea and Japan are intensifying after Prime Minister Sinzo Abe administration imposed new restrictions on exports that could...

Draghi, Lagarde Warn against Escalating Trade Disputes

JAKARTA (TheInsiderStories) - Mario Draghi, the president of the European Central Bank (ECB) and Christine Lagarde, the managing director of the International Monetary Fund (IMF)...

Global Foreign Investment Falls for Third Consecutive Year, says United Nations

JAKARTA (TheInsiderStories) - Global foreign direct investment (FDI) flows slid by 13 percent in 2018, to US$1.3 trillion from $1.5 trillion the previous year...

China’s Trade Surplus US$41B in May

JAKARTA (TheInsiderStories) - China's trade surplus increased to $41.7 billion (Rp592.14 trillion) in May, up to $27.9 billion from the previous month. The year-to-date...

IMF: Trade Tensions Slashs US, Chinese Consumer and Producer

JAKARTA (TheInsiderStories) – United States-China trade tensions that have lasted more than a year have hit negatively on consumers and many producers in both...

G20 Calls to Resolve Trade Tensions, Mnuchin Meet Yi Gang

JAKARTA (TheInsiderStories) - The Fourth G20 Meeting of Finance Ministers and Central Bank Governors ended today after two days of working sessions. The meeting reached...