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On Nov 18, less than a month after starting his term as President of Indonesia, Joko “Jokowi” Widodo reduced the fuel subsidy by almost one-third, stating that more money has to be ploughed into infrastructure spending to jumpstart the nation’s economy.
TOKYO: Asian stocks rose on Thursday amid fresh signs of resilience in the U.S. economy, while the euro wallowed near two-year lows before a much-anticipated European Central Bank meeting that could open the door to more stimulus.
SYDNEY: A holiday lull settled over Asian markets on Tuesday after Wall Street closed at historic highs while oil prices suffered a stinging setback after Saudi Arabia quashed all thought of curbing supply.
SEOUL: The South Korean central bank chief's surprisingly stern warning on Thursday against betting on an imminent policy easing showed it was far more concerned about rising household debt than uncertain economic growth.
Analyst Reports on PAVILION REAL ESTATE INVESTMENT TRUST and MAXIS BHD.