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Category: FINANCE

Posted on June 2, 2020

Indonesia raises 24.35 trln rupiah from debt auction, above target

Indonesia raised 24.35 trillion rupiah ($1.69 billion) from a bond auction on Tuesday, above the 20 trillion rupiah indicative target, the finance ministry said. JAKARTA, June 2 (Reuters) – Indonesia …

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Posted on June 2, 2020

Indonesia bonds, rupiah jump as yield-hungry investors return

Rupiah hits 12-week high, 10yr yield hits 12-week low. Dollar weakness drives search for yield – analyst. Writes through, addin …

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Posted on June 2, 2020

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 …

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Posted on June 2, 2020

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 …

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Posted on June 2, 2020

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 …

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