Rupiah hits 12-week high, 10yr yield hits 12-week low. Dollar weakness drives search for yield – analyst. Writes through, addin …
Indonesia imposes tariffs on some textile imports until 2022
Indonesia has imposed tariffs on imports of some textile products for the period until November 2022, according to a finance ministry regulation, in a bid to protect local producers from a surge of …
Nissan to close two plants amid financial struggle from pandemic
Japanese automaker Nissan plans to close auto plants in Spain and Indonesia after sinking into the red for the first time in 11 years as the …
India’s Credit Rating Cut Puts It One Step Away From Junk
India’s credit rating moved one step closer to junk after Moody’s Investors Service downgraded the nation to the lowest investment grade level and surprised economists by keeping it on a negative …