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Turkey Lowers Interest Rates to Single Digits Soon, Says Erdogan

JAKARTA (TheInsiderStories) - Turkish President Recep Tayyip Erdogan said the country will lower interest rates to single digits soon and inflation will follow suit,...

Morning Briefing: Trump Threatens China Again

JAKARTA (TheInsiderStories) - Good morning! United States (US) President Donald Trump again will impose 10 percent tariffs for US$300 Chinese goods on September. The announcement immediately shook...

Morning Briefing: ECB Hints Cut Rate in September

JAKARTA (TheInsiderStories) – Good morning! President of European Central Banks (ECB) Mario Draghi has hinted that the central bank will cut rates in September. The...

Morning Briefing: Anti-dumping Duty Harms Indonesian Export

JAKARTA (TheInsiderStories) – Good morning! Responding to China' import duty policy on Indonesian stainless steel products, Minister of Industry Airlangga Hartarto commented that the government will...

Indonesia, Turkey Agrees to Complete IT-CEPA This Year

JAKARTA (TheInsiderStories) - Indonesia and Turkey agreed to finalize the Indonesia-Turkey Comprehensive Economic Partnership Agreement (IT-CEPA) negotiations this year, which is expected to overcome...

Morning Briefing: US Gives Trade Pressure on India, Turkey

JAKARTA (TheInsiderStories) - Good morning! After almost reaching a trade deal with China, United States now gives trade pressure to India and Turkey. The Uncle Sam...

Weekly Briefing: US Government Reopens after Worst Shutdown Ever

JAKARTA (TheInsiderStories) -- Good morning! This week starts with an end of 35 days United States (US) government shutdown, the longest record in US...

Weekly Briefing: Investor Eyes on Global Monetary Policies and US Economic...

JAKARTA (TheInsiderStories) - Good Morning.This week, market participants may stay on the sideline in view of Bank Indonesia, European Central Bank (ECB), Turkey monetary policy meeting...

Morning Briefing: Turkey’s CB Raises Interest Rate Sharply, While ECB, BoE...

JAKARTA (TheInsiderStories) - Turkey' Central Bank has hiked its key interest rate to a blistering 24 percent, up from 17.75 percent to bring price stability under...

Moody’s: Renewed Financial Market Correction Highlights Vulnerability of Some Emerging, Frontier...

JAKARTA (TheInsiderStories) - Moody's Investors Service says the fallout from the correction in Turkey's (Ba3 negative) exchange rate and asset prices highlights again the external vulnerability...

Qatar will Invests US$15B to Turkey

JAKARTA (TheInsiderStories) - Qatar will rapidly implement an investment package of $15 billion in Turkey to help the country' financial problems. The statement made following the meeting that...

Economic Review: Emerging Countries Prepares to Curb Turkey’s Crisis

JAKARTA (TheInsiderStories) - Followed the Turkey's financial crisis, other emerging countries like Indonesia and Argentina prepared monetary stance on worries the economic troubles could...

JCI Worst Performer in Asia

JAKARTA (TheInsiderStories)--The Jakarta Composite Index (JCI) fell the most among Asia Pacific markets today (13/8) driven by Turkey crisis and widening current account deficit...

Economic Review: Turkey Entered the Financial Crisis

JAKARTA (TheInsiderStories) - Is Turkey entered the financial crisis? As we know on Friday (10/08) the Turkish Lira plunged drastically in recent weeks as its...

Policy Review: Is Turkey Turning into Crisis?

JAKARTA (TheInsiderStories) - Lira, a Turkey's national currency returned falling one day after the national central bank raised its main interest rate. The Central...