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SEOUL: Philippine and South Korean stocks entered technical bull markets, rising over 20% from lows reached just weeks ago, as investor sentiment was buoyed by a slowing death toll in some of the world’s coronavirus hotspots.
SOUTH Korean, Philippine and Indonesian stocks are the first in Asia Pacific to enter technical bull markets, rising over 20% from lows reached just weeks ago, as investor sentiment was buoyed by a slowing death toll in some of the world’s coronavirus hotspots.
JAKARTA (Reuters) - Palm oil plantations in top palm producer Indonesia have imposed protocols to prevent the spread of coronavirus among workers but have no plans to reduce workers' hours or other activities, an industry body said on Friday.
JAKARTA: Indonesia is planning to issue an emergency regulation to allow the government to manage a wider fiscal deficit and increase spending in response to Covid-19, a move that will effectively revise the state finances law, a minister said.
SINGAPORE: Southeast Asian stock markets rose on Tuesday as data showed China factory activity unexpectedly expanded in March after contracting to a record low in the previous month even though the coronavirus pandemic showed few signs of abating.
SINGAPORE: Southeast Asian stock markets closed lower on Monday as rising cases of the coronavirus in the region deepened fears of economic damage, with investors looking past moves by governments and central banks to combat the pandemic.
JAKARTA: Indonesian equities dropped, triggering a trading halt for the fifth time in two weeks as investors fretted over the economic impact of the virus pandemic on Southeast Asia’s largest economy.
JAKARTA (Bloomberg): Indonesian stocks dropped more than 5% on Tuesday, triggering a trading halt for a third time in a week as equities tumbled across US and Asia.
JAKARTA: Indonesian President Joko Widodo is weighing an audacious 2032 Olympics bid centred on the country’s not-yet-built new capital and is in early talks with SoftBank chief executive Masayoshi Son and other investors for support, sources said.