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BI: power rate hike to have small impact on inflation

ANTARA : Economy: 9 hours ago
Bank Indonesia (the central bank/BI) said the government`s plan to raise basic power rates, if realized, will only have a small impact on the country`s inflation rate. ...read article

S&P raises RI`s rating to BB

ANTARA : Economy: 9 hours ago
International rating agency Standard and Poor`s (S&P) has raised Indonesia`s long-term foreign currency rating to BB from BB- and affirmed its long-term local currency rating at BB+. ...read article

Govt to call tender for gas pipelines construction

ANTARA : Economy: 9 hours ago
The government will soon call a tender for the construction of gas pipelines according to the master plan of national gas transmission and distribution networks in the 2010-2025 period, an official said. ...read article

CPO, rubber top commodities to meet ACFTA

ANTARA : Economy: 9 hours ago
Crude palm oil and rubber are commodities Indonesia could rely on to deal with the Asean-China Free Trade Agreement, an Agriculture Ministry official said here on Friday. ...read article

Over one-third of RI exports to China using FTA facility

ANTARA : Economy: 9 hours ago
Thirty percent of Indonesian exports to China are carried out using a tariff reduction facility provided in the Asean-China Free Trade Agreement, Deputy Trade Minister Mahendra Siregar said. ...read article

February retail sales up 0.2%, but businesses not restocking

USA TODAY: Economy: 16 hours ago
Retail sales posted a surprising increase in February as consumers did not let major snowstorms stop them from storming the malls. ... ...read article

Orange County prosecutor sues Toyota over acceleration defects

USA TODAY: Economy: 16 hours ago
The Orange County district attorney has filed a lawsuit against Toyota Motor, accusing the automaker of knowingly selling hundreds ... ...read article

Old laws, raids leave Philly bar owners foaming

USA TODAY: Economy: 16 hours ago
A real brouhaha has beer lovers in the City of Brotherly love frothing over with anger. ...read article

Washington Mutual reaches settlement with JPMorgan, FDIC

USA TODAY: Economy: 16 hours ago
Washington Mutual says it has resolved disputes with JPMorgan Chase and the Federal Deposit Insurance Corp. over some $4 billion ... ...read article

Government mortgage plan aids 16% of borrowers

USA TODAY: Economy: 16 hours ago
The Obama administration's mortgage relief plan has helped only about 16% of borrowers who signed up since its launch last year, ... ...read article

Stock market: Stocks close mixed and post gains for the week

USA TODAY: Economy: 16 hours ago
Stocks shuttled between narrow gains and losses and closed mixed Friday after reports on retail sales and consumer confidence ... ...read article

Official report says Lehman Bros. used 'misleading' accounting tricks

USA TODAY: Economy: 16 hours ago
A 2,200-page report by a court-appointed examiner says executives of Lehman Brothers manipulated the now-defunct company's balance ... ...read article

Regulators shut 3 more banks for a total of 30 failures this year

USA TODAY: Economy: 16 hours ago
Regulators on Friday shut down banks in New York, Florida and Louisiana, raising to 30 the number of failures this year of federally ... ...read article

Off the Record

News24.com : Economy: 1 day ago
Fin24.com takes on the weeks news. On the agenda: Tenderpreneurs, the fate of labour broking, whos who The Forbes Rich List and financial sector results. Listen ...read article

Shake-up at First Uranium

News24.com : Economy: 1 day ago
First Uranium, which wants to raise up to C$150m, is undergoing a massive shake-up to address a litany of woes. ...read article

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