Indonesia Financial News

13.07 / 08:14

Aviat CEO Airlines Boeing Justice reports Department Key events in the troubled history of the Boeing 737 Max

Boeing’s 737 Max is a more fuel-efficient version of the American aerospace company’s popular 737, the best-selling airliner ever

13.07 / 07:01

UPS Aviat Airlines Boeing Justice Department Investigations Here's what to know about Boeing agreeing to plead guilty to fraud in 737 Max crashes

Boeing has agreed to plead guilty to fraud to settle charges stemming from the crashes of two of its 737 Max jets

13.07 / 06:11

markets Extreme Trade rock inclusion International World’s most volatile big stock is rocking Indonesia’s market

penny stock: a 1,200% surge punctuated by two crashes of more than 40% — all in the span of less than nine months. But PT Barito Renewables Energy is Indonesia’s biggest company by market capitalization — an $85 billion geothermal power producer controlled by one of the country’s richest tycoons. Barito’s wild swings – the most extreme among companies worldwide valued at $50 billion or more based on 30-day volatility – have perplexed professional analysts, stoked fevered trading among retail investors and challenged regulators’ attempts to bring more order to an increasingly volatile market.

12.07 / 21:41

markets Blockchain security Trade crypto trader Bitcoin Japan’s Active Crypto Trading Population Expected to Hit 500,000 in 2024

Japan’s crypto use will stay among the highest in the world, with the number of people trading crypto daily rising from 350,000 to around 500,000 by the end of this year, according to a Bitget study.

12.07 / 20:37

Food Experts Universities Wildlife country 2020 Department A study finds Indonesia's deforested land is often left idle. But some see potential in that

Vast swathes of Indonesia’s old-growth forests are left undeveloped for years after they're felled

12.07 / 17:50

UPS stars Courts badminton Paris Olympics: Sindhu, Prannoy get easy groups; tough task for Lakshya, Tanisha-Ashwini

PV Sindhu and HS Prannoy were on Friday handed easy groups for the Paris Games beginning on July 26. Sindhu, who won the silver medal at the Rio Games and followed that with a bronze in Tokyo Olympics, has been seeded 10th. The World number 13 has been drawn in Group M of the women's singles alongside Kristin Kuuba of Estonia (WR 75) and Maldives' Fathimath Nabaaha Abdul Razzaq. (WR 111). While Sindhu, who is vying for a third Olympic medal, has a relatively easy group, she could face China's sixth seed He Bing Jiao in the round of 16.

12.07 / 13:39

UPS Fighting President country Courts politician Former Indonesian agriculture minister sentenced to 10 years for corruption

Indonesia’s anti-graft court has sentenced a former agriculture minister to 10 years in prison for extortion, abuse of power and bribery involving ministry contracts with private vendors

28.06 / 12:15

UPS Airlines Boeing love Justice Department A father who lost 2 sons in a Boeing Max crash waits to hear if the US will prosecute the company

Families of the 346 people who died in two crashes of Boeing 737 Max jetliners are waiting to hear if the Justice Department will prosecute the U.S. aerospace company

28.06 / 08:21

UPS security Software economy country Schools Indonesia data hit by cyberattack not backed up, officials say

government data affected by a recent ransomware cyberattack was not backed up, officials said, in an incident that has exposed the lack of preparations for such an attack in Southeast Asia's biggest economy. Last week's cyberattack, the worst in the country in recent years, has disrupted multiple government services including immigration and operations at major airports.

28.06 / 05:03

markets UPS JPMorgan Compilation show inclusion India set for more global attention as bond inclusion begins

India is set to lure billions of dollars more inflows when JPMorgan Chase & Co. adds the nation’s government bonds to its emerging markets index on Friday, opening up a $1.3 trillion market to a broader range of investors. Global funds have already poured close to $11 billion into index-eligible bonds since JPMorgan’s announcement in September. The US bank expects $20 billion to $25 billion to come in over the next 10 months, raising foreign ownership to 4.4% from 2.5% currently.

28.06 / 05:03

UPS Target Mobile country electronic Schools Cyber Indonesia arrests over 100 Taiwanese for alleged cyber fraud

Taiwanese at a villa in Bali over alleged cyber fraud, authorities said Friday. The proliferation of cyber fraud groups in Southeast Asia has become a growing concern in recent years, and authorities in countries including China, Indonesia and Malaysia have stepped up efforts to stop them.

27.06 / 10:39

markets Waves Racing economy Food Experts country Developed economies lead the global race to ease monetary policy, for now

Expert view: RBI may implement shallow rate cut even if US Fed defers, says Rajani Sinha of CareEdge Among developed economies, the European Central Bank, Bank of Canada and the Swiss National Bank have started trimming interest rates. The usual trendsetter for global monetary policy decisions, the US Federal Reserve, is still in a wait-and-watch mode. As for emerging markets, key central banks such as the Reserve Bank of India (RBI), Bank of Korea, Bank of Indonesia and People’s Bank of China are maintaining the status quo on key lending rates.

24.06 / 22:17

Man Action Entertainment Nielsen film Universities Features Nobody 2: Here's confirmed release date and what we know about director, cast, plot and production team

Bob Odenkirk’s 'Nobody 2' will be directed by Timo Tjahjanto. The film is set for release on August 15, 2025. The sequel follows the 2021 thriller 'Nobody.'

24.06 / 09:03

Digital Software Cybercrime country reports Schools Investigations Cyber Cyber attack compromised Indonesia data centre, ransom sought: report

Indonesia's national data centre and asked for an $8 million ransom, the country's communications minister was quoted by state news agency Antara as saying on Monday. The attack disrupted some government services, most notably at airports last week, though automated machines were now functional, the communications ministry said on Monday.

24.06 / 07:37

economy Election Food Trade War country Global news wrap: Monetary policies, G7 summit, climate warning

Mint’s Plain Facts section brings out an update on key global data to thread together the biggest developments in the world that are worth paying attention to. The accompanying analysis and charts explain how each story is creating ripples on the global stage, where it is headed in the coming weeks, and whether it can impact India. This month we track the upcoming monetary policies, the G7 summit held in Italy, and how rising temperatures are ringing alarm bells.

21.06 / 12:43

COST Extreme country hospital reports Updates 'Bodies on the ground': Pilgrims recount hajj heat horrors

While he survived the gruelling annual rites that unfolded in extreme heat again this year, he has not seen his wife since Sunday and fears she is among the more than 1,000 reported fatalities — the majority unregistered Egyptians like himself.

21.06 / 11:17

Extreme WhatsApp Death reports Hajj Death Toll: 98 Indian pilgrims dead, MEA says

Hajj this year owing to the extreme heat conditions, the Ministry of External Affairs (MEA) said on Friday. «A large number of pilgrims visit Hajj every year. This year, 175,000 Indian pilgrims have visited Hajj so far. We have 98 Indian pilgrims who have died this year,» said MEA Spokesperson Randhir Jaiswal in a weekly briefing. In Mecca, temperatures hit 51.8 degrees Celsius (125 Fahrenheit), on Monday.

19.06 / 21:13

MET Airlines Boeing Justice Department Investigations Relatives of people killed in 2 Boeing Max crashes ask the US to fine the company $24.8 billion

Families of some of the people who died in two Boeing 737 Max crashes are asking the government to impose a fine of nearly $25 billion on the company

18.06 / 08:29

Manufacturing CEO Airlines Boeing Justice Department Investigations Boeing's CEO is scheduled to field questions about plane safety from U.S. senators

Boeing's CEO is getting his day in front of Congress, and lawmakers are expected to have many questions about safety at the troubled aircraft company

18.06 / 06:05

CEO Airlines Remark Boeing Justice Department Investigations Boeing CEO David Calhoun scheduled to field questions about plane safety from US senators

Boeing 737 Max jetliners plan to be in the room, watching him. CEO David Calhoun is scheduled to appear before the Senate investigations subcommittee, which is chaired by Sen. Richard Blumenthal, D-Conn., a Boeing critic. The hearing will mark the first appearance before Congress by Calhoun — or any other high-ranking Boeing official — since a panel blew out of a 737 Max during an Alaska Airlines flight in January. No one was seriously injured in the incident, but it raised fresh concerns about the company's best-selling commercial aircraft.

17.06 / 10:33

Strategy Align Election wellness War country Coalitions: A grand churn of political oceans is underway

The year 2024 is notable for the large number of elections being held—in well over 60 countries, representing nearly half of the world’s population. Of course, there are myriad systems and we are only halfway through the year, but as a generalization, it is turning out to be a year of strong majorities for presidential forms of government and coalitions for parliamentary democracies. Indonesia and Mexico returned strong majorities for their presidential winners, with Mexico electing its first ever woman to its top office.

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