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The Jakarta Post
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financial-market

ECB's Lagarde asked euro zone ministers to consider one-off 'coronabonds' issue: Officials
Business 2 days ago

ECB's Lagarde asked euro zone ministers to consider one-off 'coronabonds' issue: Officials

A second official confirmed that Lagarde put forward the idea, but said it ran into opposition from ...
Rupiah inches closer to 15,000 over fears of COVID-19 pandemic
Business 1 week ago

Rupiah inches closer to 15,000 over fears of COVID-19 pandemic

The rupiah depreciated 1.05 percent to 14,932 against the greenback as of 3:59 p.m. Jakarta time, Bl...
Global recession risk spikes as world powers down, markets slump
Business 2 weeks ago

Global recession risk spikes as world powers down, markets slump

A pandemic-driven global recession is becoming more likely by the day as the flow of goods...
Indonesia prepares additional measures to stabilize markets, halt tax payments amid virus risks
Business 2 weeks ago

Indonesia prepares additional measures to stabilize markets, halt tax payments amid virus risks

Financial authorities will guard the bond market to follow its fundamental value, Finance Minister S...
COVID-19 impact far more complex than 2008 crisis: Sri Mulyani
Business 3 weeks ago

COVID-19 impact far more complex than 2008 crisis: Sri Mulyani

The government is currently preparing a second fiscal stimulus package to cushion the economy from n...
Bank Indonesia announces 5 measures to support rupiah amid market rout
Business 3 weeks ago

Bank Indonesia announces 5 measures to support rupiah amid market rout

Bank Indonesia (BI) announced Monday five measures to stabilize the rupiah as foreign investors sold...
‘Triple market intervention’: BI buys bonds, rupiah to prop up prices amid viral rout
Business 3 weeks ago

‘Triple market intervention’: BI buys bonds, rupiah to prop up prices amid viral rout

The central bank has bought Rp 103 trillion (US$7.24 billion) worth of SBNs, Rp 80 trillion of which...
Global shares head for worst week since 2008 financial crisis
Business 1 month ago

Global shares head for worst week since 2008 financial crisis

The worsening global threat from the virus prompted investors to rapidly step up bets the US Fe...
Market players see coronavirus triggering further risk-off moves
Business 1 month ago

Market players see coronavirus triggering further risk-off moves

A raft of new coronavirus cases in numerous countries outside China over the weekend has redoubled c...
Singapore woos world’s biggest money managers with new law
Business 1 month ago

Singapore woos world’s biggest money managers with new law

The law, known as the Variable Capital Companies Act, makes it easier for overseas and domestic enti...
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