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RBI, Bank Indonesia sign pact to promote use of local currencies for bilateral trade
The Reserve Bank of India and Bank Indonesia (BI) on Thursday signed a Memorandum of Understanding …
PTI
The de-dollarization drive is spreading wider - Indonesia is the latest nation to join the anti-buck movement
The island nation's central bank announced it has formed a National Task Force to widen the use of …
Zahra Tayeb
Tsunami, earthquake hits Indonesia: Another Asian economy hit by an environmental calamity
The death toll had reached 1,203 as of Monday afternoon according to the Disaster Management Ins…
Indonesia's Central Bank Announced A Surprise Rate Hike, But What Were They Supposed To Do
"Indonesia hikes 25bp. Seemingly against the consensus of unchanged but what were they supposed to …
Sam Ro
Fed hikes and Trump's trade war have cash flying out of emerging markets
Poorer and populous emerging markets have been particularly vulnerable to the escalating U.S.-Sino …
Ed Davies, Sumeet Chatterjee …
Here's one central bank with plenty of dry powder
This article was sponsored by iShares by BlackRock. BlackRock is not affiliated with Business Insid…
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Why The Indonesian Stock Market Is Cratering
"Non-oil & gas trade surplus narrowed as imports, especially imports of raw materials and consu…
Mamta Badkar
10 things you need to know before the opening bell
Greece is closing in on a deal with its creditors. Greece Prime Minister Alexis Tsipras told busine…
Jonathan Garber
Big banks are propping up the coal industry as it keeps on pumping out toxic emissions in some parts of the world
Standard Chartered, one of the UK's biggest banks, has just funded one of the most destructive coal…
Binbin Mariana
At least 6 people killed after explosions and gunfire erupt in central Jakarta, Indonesia
One of the blasts reportedly occured inside a Starbucks. "The Starbucks cafe windows are blown…
Bryan Logan,Reuters
8 Charts That Show How India's Prime Minister Plans To Copy China's Growth Boom
The rupee is weak by historical standards. That's a positive thing for manufactured exports, becaus…
Mike Bird
Indonesia is finally emerging from its summer of death. But as the country looks to reopen, 3 of the problems that created its pandemic crisis still loom large.
"If what happened in Jakarta happens here, it would be crazy," one doctor said about rural Indonesi…
Matthew Loh
10 things you need to know before the opening bell
JPMorgan beat on earnings. The firm announced earnings of $1.32 per share, topping the $1.28 that w…
Jonathan Garber
10 things you need to know before the opening bell
It's going to take a miracle for Venezuela to balance its budget. Venezuela's economy has been cras…
Jonathan Garber
10 things you need to know before the opening bell
GM settled its switch probe. The Associated Press reports three people familiar with the matter say…
Jonathan Garber
Indonesia cut its interest rate hours after deadly attacks
The central bank is trading a weaker currency, which makes dollar denominated debt more expensive t…
Ben Moshinsky
It's Going To Be A Very Big Week...
First, there's lots of data. As you can see on this calendar, we'll be getting Services ISM, the AD…
Indonesia sent a Chinese ship packing, escalating a fight over oil and gas in the South China Sea
Indonesia said it deployed two ships and an aircraft to drive Chinese coast guard ship out of the c…