Category: News Group

The Bank of Japan kept its key short-term interest rate at -0.1% and maintained the target for the 10-year Japanese government bond yield at around 0% during its September meeting, by an 8-1 vote. The decision came hours after...

The Bank of England will likely leave the bank rate at a record low of 0.1% on Thursday and the size of its bond-buying program at £745 billion. Although no action is seen in the September meeting, the central bank is expected...

Bank Indonesia held its 7-day reverse repurchase rate at 4 percent during its September meeting, leaving borrowing costs unchanged for a second time, as policymakers aim to maintain the rupiah stable and to support growth amid...

Indonesia’s external debt experienced lower growth. The external debt was recorded at US$409.7 billion in July 2020, consisting of public debt (Government and Central Bank) of US$201.8 billion and private debt (including...

Japan recorded a trade surplus of JPY 248.3 billion in August of 2020 compared to a JPY 152.2 billion deficit a year earlier and expectations of a JPY 37.5 billion deficit. It was the second surplus in five months, as imports...

The Federal Reserve is seen holding the target range for the federal funds rate steady at 0-0.25 percent at the end of its two-day meeting on Wednesday while renewing its pledge to keep it low for as long as necessary. Still,...

WTI crude futures rose more than 2% to trade around $39.3 a barrel on Wednesday, as more than 25% of US offshore oil and gas production closed and export ports were shut as category 2 Hurricane Sally sat just off the US Gulf...

Plaza Indonesia Realty (PLIN) committed to have an outstanding share of 7.5% in the stock exchange, from current 4.23%, boosting free float to meet the minimum required free float. Its parent, PT Plaza Indonesia Investama, owned...

State-owned toll road operator Jasa Marga (JSMR) will invest up to Rp6.6 trillion for the Solo-Yogyakarta International Airport–Kulon Progo toll road project in Yogyakarta and Central Java. The toll road has a length of 96.57...

Indonesian government has prepared the construction of eight new toll roads to connect the strategic areas and growth centers in Java and Bali at the end of 2020 to early 2021, said the minister of public works and public...

WTI crude gained more than 0.7% to $43.3 a barrel on Monday, extending a 1.5% rise in the previous week, as Hurricane Laura passed and Texas avoided the worst of the storm, allowing affected refineries to start the recovery...

The dollar index traded near the flat line at 92.3 on Monday, remaining close to levels not seen since May of 2018, after a 1% decline in the previous week. The dollar is on track to lose 1% on the month, the worst August month...