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>> INDONESIA Latest News

DEC 18, 2014 - Zero Hedge

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Frontrunning: December 18

Swiss National Bank Starts Negative Interest Rate of 0.25% to Stave Off Inflows (BBG) Putin Strikes Uncompromising Stance Over Crisis Gripping Russia (BBG) Sony cancels North Korea movie in apparent win for Pyongyang hackers (Reuters) U.S. Said Set to Blame North Korea for Sony Cyber Attack (BBG) China’s Short-Term Borrowing Costs Surge as Demand for Money Grows (WSJ) Russia Currency ...

Tags: Frontrunning: December 18,  Indonesia Latest News

DEC 17, 2014 - Wall Street Journal

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Bank Indonesia Steps Up Efforts to Defend Rupiah

Indonesia stepped up efforts to defend the rupiah as it continued to fall to levels unseen since 1998 Asian financial crisis, underscoring the economy’s vulnerability to fund outflows.

Tags: Bank Indonesia Steps Up Efforts to Defend Rupiah,  Indonesia Latest News

DEC 16, 2014 - Business Insider

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Asian Business Sentiment Rebounds In Fourth-quarter With India Most Optimistic

By Tommy WilkesNEW DELHI (Reuters) - Business sentiment among Asia's top companies rebounded in the fourth quarter to the second-highest level in almost three years, a Thomson Reuters/INSEAD survey showed, helped by a stronger U.S. economy and a plunge in oil prices.The Thomson Reuters/INSEAD Asian Business Sentiment Index increased to 72 in the fourth quarter from 66 in the previous ...

Tags: Asian Business Sentiment Rebounds In Fourth-quarter With India Most Optimistic,  Indonesia Latest News

DEC 16, 2014 - Zero Hedge

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Turmoil Spreads: Ruble Replunges, Crude Craters, Yen Surges, Emerging Markets Tumbling

For those wondering if the CBR's intervention in the Russian FX market with its shocking emergency rate hike to 17% overnight calmed things, the answer is yes... for about two minutes. The USDRUB indeed tumbled nearly 10% to 59 and then promptly blew right back out, the Ruble crashing in panic selling and seemingly without any CBR market interventions, and ...

Tags: Turmoil Spreads: Ruble Replunges, Crude Craters, Yen Surges, Emerging Markets Tumbling,  Indonesia Latest News

DEC 16, 2014 - Business Insider

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Russia Hikes Rates To Stem Ruble Rout As Oil Pain Spreads

(Reuters) - Russia was forced to ramp up interest rates on Tuesday in a desperate attempt to rescue its ruble while factory activity in China shrank for the first time in seven months, marking an increasingly turbulent end to the year for the global economy.The relentless slide in oil prices, while a blessing to most rich world consumers, is becoming ...

Tags: Russia Hikes Rates To Stem Ruble Rout As Oil Pain Spreads,  Indonesia Latest News