The latest defendant in the IPDN building corruption case one Dudy Jocom was convicted last month, but as we predicted, the investigation continues. The Corruption Eradication Commission (KPK) again named Dudy a suspect in two cases as a result of the development of their investigation. New suspects were also named. In addition to that, the KPK has begun a new investigation into a case involving the President Director of  Perum Jasa Tirta lI.
Read MoreA gauge of global stock markets rallied on Wednesday (Dec 12) along with the United States (U.S.) Treasury yields as optimism abounded for the trade between the U.S. and China, while sterling bounced on indications that the United Kingdom (U.K.) Prime Minister Theresa May would survive a no-confidence vote, Reuters reported.
Read MoreCoal miner Bayan Resources (BYAN) has on December 11, 2018, acquired 1.5 billion shares in Kangaroo Resources Limited (KRL) at price of AU$0.15 per share or AU$226.4 million in total, boosting its ownership to 100% from previous 56%. KRL shares will then be delisted from Australian Stock Exchange (ASX).
Read MoreExpress Transindo Utama (TAXI), an operator of conventional taxi service, has gained approval from bondholders for restructuring Rp1 trillion bond debt, then it will focus on paying bond interest and improve its financial performance which hardly hit by growing application-based taxi operation.
Read MoreIn late November 2017, Golden Energy and Resources Limited, a coal mining company controlled by Sinarmas Group, agreed to purchase 10% shares of ASX-listed gold miner Westgold Resources Limited at A$1.885 per share. This morning, the stock declined further by 1.71% to A$0.86 to make a market capitalization of A$334.64 million.
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