Morgan Stanley seeks Indonesia firm's brokerage seat: exchange
JAKARTA (Reuters) - Indonesia's stock exchange has suspended trading on local firm PT Tiga Pilar Sekuritas pending approval of its plan to transfer its brokerage seat to Morgan Stanley , a senior official at the exchange said on Wednesday. "We have suspended the trading activities of Tiga Pilar today as we will process their transfer to a third party, which is Morgan Stanley," said Uriep Budi ...
Indonesia's Berlian halts trade ahead of debt announcement
JAKARTA, Jan 25 (Reuters) - PT Berlian Laju Tanker Tbk , an Indonesian shipping company, suspendedtrading in its shares on Wednesday in Jakarta and Singapore,pending an announcement on its debt. The Indonesian Stock Exchange gave no details but Berliansaid its statement to the Singapore stock exchange that the haltwas for a 'debt standstill announcement'. The firm is due to make a public ...
SE Asia Stocks-Down ahead of Greek deal; banks lead fall
* Kuala Lumpur, Jakarta see outflows * Jakarta hits two weeks low; Hanoi bucks trend * Greek debt deal, European summit awaited By Shihar Aneez Jan 30 (Reuters) - Southeast Asian stock markets fellon Monday ...
Indonesia Mutual Funds May Grow 20% This Year, Group Says
Indonesian mutual-fund assets will probably expand at a faster pace this year as overseas investors increase stock purchases after the country regained its investment grade, an industry group said.
Exclusive: M.Stanley trumps Goldman in Indonesia brokerage deal
JAKARTA/SINGAPORE (Reuters) - Investment bank Morgan Stanley has stolen a march on archrival Goldman Sachs by landing a brokerage seat in Indonesia, Southeast Asia's biggest economy. A broking license will allow Morgan Stanley to trade securities and provide research in Indonesia, which is expected to draw extra fund flows after an upgrade to investment grade by credit ratings agencies Moody's ...
Indonesian workers agitate for bigger slice of boom economy
Above: About 20,000 Indonesian workers occupy Jakarta's main toll road in Bekasi during a protest to demand a minimum wage increase on Jan 27, 2012.
Indonesia Mutual Funds Likely to Grow 20% This Year, Group Says
Indonesian mutual-fund assets will likely expand at a faster pace this year as overseas investors increase stock purchases after the country regained its investment grade, an industry group said.
More Indonesian workers strike for bigger chunk of profits
JAKARTA : For years big-name manufacturers including Honda, Samsung and Nike have quietly harvested profits from factories in Indonesia, where wages are even lower than in China or India.
European Stock Futures, Euro Drop Before Greece’s Debt Deadline
European stocks fell for the first time in five days and the euro weakened before a deadline for Greece to reach a deal with its creditors. Asian stocks climbed after data showed higher-than-expected U.S. jobs growth.
Indonesia to Set Up $5.6 billion Palm Oil and Rubber Firm
By Janeman Latul and Fathiya Dahrul JAKARTA (Reuters) - Indonesia's government plans to create one of the world's largest palm oil and rubber firms in March by combining state planters with total assets of $5.6 billion, a government minister told Reuters on Thursday. [More]