JAKARTA Confidence among Asian companies slumped to the weakest in almost three years in the third quarter as businesses feared blowback from a worsening global trade war, a Thomson Reuters/INSEAD survey showed.
* Companies cite trade war as chief risk to six-month outlook
JAKARTA As Indonesia's currency trades at its weakest levels since the 1998 Asian financial crisis, a local restaurant chain is offering free meals to clients who can prove they have exchanged holdings of U.S. dollars for the ailing rupiah.
JAKARTA Indonesian stocks tumbled the most in nearly two years on Wednesday and authorities intervened "decisively" to support the currency and bond markets as a global rout in emerging market assets intensified.
JAKARTA, Sept 4 While some Indonesian companies have been buffeted by a volatile local currency, a sliding rupiah has been a boon for Sri Rejeki Isman (Sritex), a textile company that exports military uniforms to 35 countries, including NATO members.
JAKARTA, Sept 3 Indonesian interest rates may still need to go up significantly to help counter a slide in the rupiah, but there is no sign of the sort of panic-selling seen during the financial crisis two decades ago, the head of the country's biggest listed bank said.
JAKARTA Indonesia's central bank stepped up currency and bond intervention on Friday to defend the rupiah, as contagion from an emerging market sell-off pushed the currency close to levels not seen since the Asian financial crisis.
JAKARTA Indonesia, the world's third-largest democracy and biggest Muslim majority country, goes to polls in April.
JAKARTA Indonesia, the world's third-largest democracy and biggest Muslim majority country, goes to polls in April.
JAKARTA Indonesia, the world's third-largest democracy and biggest Muslim majority country, goes to polls in April.
Iranian Supreme Leader Ayatollah Ali Khamenei accused U.S.-backed Gulf Arab states of carrying out a shooting attack on a military parade that killed 25 people, almost half of them members of the country's elite Revolutionary Guards.