by Editor | Jan 14, 2014 | Finance, Global Finance, News
JAKARTA (Yosefardi) – Stock markets in Asia opened mostly lower Tuesday (Jan 14) to tracking sell-offs in Wall Street yesterday. Nikkei 225 collapsed 2.4% Tuesday morning, while All Ordinaries lost 1%. Mining giants BHP Billiton and Rio Tinto dragged down All...
by Editor | Jan 13, 2014 | Finance, Markets, News
KUALA LUMPUR (Yosefardi) – The benchmark March 2014 contracts of crude palm oil (CPO) ended further down by RM23 to RM2494 per ton. April 2014 contracts also declined RM20 to RM2508 on Monday (Jan 13), while February contracts down RM27 to close at RM2472/ton....
by Editor | Jan 12, 2014 | Mining, News, Resources
JAKARTA (Yosefardi) – President Susilo Bambang Yudhoyono has signed Government Regulation No 01/2014 about ban of mineral ore export effective January 12, 2014. “The new regulation is in line with the spirit of Law No 04/2009 in adding value to our...
by Editor | Jan 12, 2014 | News, Newsmakers, People
JAKARTA (Yosefardi) – Rusdi Kirana, CEO of Lion Air Group, has been appointed deputy chairman of National Awakening Party (PKB), Kompas.com reported Sunday (January 12). Marwan Jafar, executive of PKB, said Rusdi has accepted the offer to become deputy chairman...
by Editor | Jan 10, 2014 | Corruption, Law, News
JAKARTA (Yosefardi) – The Corruption Eradication Commission (KPK) has finally on Friday, January 10, arrested Anas Urbaningrum, former chairman of Democratic Party, for his alleged involvement in the high-profile Hambalang sports center graft case. KPK placed...
by Editor | Jan 10, 2014 | Energy, News, Resources
NEW YORK (Yosefardi) – Hess Corporation has completed the sale of its Ujung Pangkah asset to a subsidiary of PT Saka Energi Indonesia for a total after tax consideration of US$650 million. Hess said PT Saka Energi Indonesia, subsidiary of Perusahaan Gas Negara...
by Editor | Jan 10, 2014 | Election, News, Politics
JAKARTA (Yosefardi) – Panda Nababan, senior politician from PDI-P, said chairperson Megawati Soekarnoputri has indirectly signaled not entering the presidential race in July. “Panda, you think I don’t have sense of shame…often lost (defeated by...
by Editor | Jan 10, 2014 | Finance, Markets, News
JAKARTA (Yosefardi) – Shares of small coal producer PT Garda Tujuh Buana (GTBO) Tbk collapsed again this morning. The stock dropped 22.32% to Rp905. Garda Tujuh Buana also dropped more than 22% Thursday after trading in the stock resumed by Indonesia Stock...
by Editor | Jan 10, 2014 | Finance, Markets, News
JAKARTA (Yosefardi) – Shares of plantation companies were mostly lower ground in the region Friday (January 10) as crude palm oil (CPO) moved in narrow range in the futures market. Astra Agro Lestari lost 3.9% in the morning session, while BW Plantation and PP...
by Editor | Jan 9, 2014 | Cases, Law, News
JAKARTA (Yosefardi) – Attorney General Basrief Arief urged Asian Agri Group, controlled by tycoon Sukanto Tanoto, to pay Rp2.5 trillion in fines before February 1st, 2014 pursuant to the ruling from Supreme Court. Basrief said if Asian Agri doesn’t comply...
