The Indonesian rupiah soared against the dollar Wednesday, boosted by encouraging data and a stabilizing crude-oil prices. A monthly update on China's foreign currency holdings showed the decline in the country's reserves slowed in September,...
Asia’s battered stocks and currencies rallied Tuesday, with Indonesia’s rupiah logging its biggest one-day gain in more than six years, on hopes that global central banks would sustain their easy monetary policies.
NEW YORK CITY (dpa-AFX) - Philip Morris International Inc. (PM) is set to
raise $1.4 billion after its Indonesian subsidiary priced shares at the top end
of a marketed range, Bloomberg reported.
The company's unit PT Hanjaya Mandala...
Fitch Ratings revised its outlook on Saudi Arabia's foreign and local currency issuer default rating (IDR) to "negative" from "stable," citing lower oil prices and increased spending associated with the accession of a new king.
JAKARTA (dpa-AFX) - Indonesia's central bank on Tuesday left the key
interest rate unchanged for the sixth straight month in line with its efforts to
rein in inflation within its target range, and said it is focused on stabilizing
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