by Editor | Oct 16, 2013 | Finance, Global Finance, News
JAKARTA (Yosefardi) – Asian stocks opened mostly in narrow range Wednesday (October 16). Nikkei 225 down 0.11%, while KOSPI composite inched up 0.04%. Australia’s All Ordinaries gained 0.08%, while Singapore’s STI advanced 0.46%. FTSE Bursa Malaysia...
by Editor | Oct 14, 2013 | Finance, Global Finance, News
SINGAPORE (Yosefardi) – Shares of Blumont Group plummeted 13% on the stock exchange of Singapore (SGX) Monday (October 14). More than 10 million shares exchanged hands as the stock dropped to as low as S$0.1470. The stock has recovered from its low at S$0.09 to...
by Yohanes Obor | Oct 14, 2013 | Finance, Global Finance, News
JAKARTA (Yosefardi) – SubPartners Pty Ltd (SubPartners) and PT Indosat Tbk. (Indosat) have in Friday (Oct 11) signed a Memorandum of Understanding (MoU) to enter into negotiations for SubPartners Pty Ltd to connect Jakarta to APX-West, SubPartners’ submarine...
by Yohanes Obor | Oct 14, 2013 | Finance, Global Finance, News
JAKARTA (Yosefardi) – Indonesia and South Korea governments have signed a bilateral swap arrangement (BCSA) worth US$10 billion, equivalent Rp115 trillion. Difi Ahmad Johansyah, Bank Indonesia’s spokesperson, said in press statement that both countries...
by Yohanes Obor | Oct 14, 2013 | Finance, Global Finance, News
JAKARTA (Yosefardi) – Giant coal producer PT Bumi Resources Tbk (BUMI) has set prices of 19% shares in its unit PT Kaltim Prima Coal (KPC) and 42% shares in PT Bumi Resources Minerals Tbk (BRMS), to be delivered to China Investment Corporation (CIC) as part of...
by Yohanes Obor | Oct 5, 2013 | Finance, Global Finance, News
BALI (Yosefardi) – While the Asia-Pacific does not lack for capital, the region needs platforms to raise funds for financing infrastructure projects, said government, business and academic leaders gathered in a seminar organized jointly by the Pacific Economic...
