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Research house sees cut in benchmark interest rate

PETALING JAYA: Maybank IB Research has reiterates its defensive core equity strategy given the persisting headwinds in the Malaysian equity market.

Indonesia's trade deficit balloons to five-year high

JAKARTA: Indonesia posted its widest trade deficit in more than five years in November as exports fell, adding pressure on the currency.

Rupiah sinks on contagion worries

PETALING JAYA: Indonesia rupiah hit an all-time low of 14,933 against the US dollar. The emerging market crisis has sent the currency of the country with the largest population in the region to a level last seen during the 1998 Asian financial crisis.

Investment in SRC Group

Obtained two loans from Retirement Fund Inc (KWAP) amounting to RM4bil

Dollar ‘tantrum’ rears its ugly head again

AS Malaysians prepare to go to the polls, emerging-market currencies and the stock market are falling under the weight of the appreciating US dollar and the rise in US interest rates.

Indonesia’s rapid infrastructure drive takes deadly toll

JAKARTA: A string of fatal accidents is threatening to derail Indonesia’s relentless infrastructure drive ahead of the Asian Games, a push seen as a key to revving up growth in South-East Asia’s biggest economy.

Jakarta bourse collapse due to ‘building failure’

JAKARTA: Loose or corroded joints may have caused the sudden collapse of a mezzanine floor at the Indonesian Stock Exchange building this week that sent visiting students plunging to the ground, a preliminary report by the public works ministry has found.

Malaysian students, officials at Jakarta Stock Exchange safe

PUTRAJAYA: Malaysian students and officials who were in the Jakarta Stock Exchange when its mezzanine floor collapsed on Monday (Jan 15) are safe, Wisma Putra said on Tuesday (Jan 16).

Investigators probe cause of Jakarta stock exchange walkway collapse

JAKARTA: Indonesian investigators were sifting through the rubble at Jakarta’s stock exchange complex Tuesday as they looked for clues on what caused a walkway collapse that left scores injured, including dozens of students.