Indonesia

Temasek's Danamon suitors may now be Japanese, Chinese

HONG KONG/SINGAPORE - After the collapse of the DBS deal, the best bet of Singapore sovereign investor Temasek Holdings to sell its stake in Bank Danamon Indonesia Tbk PT is to find a Japanese or Chinese bank keen to expand in Southeast Asia's biggest economy.

Garuda delays direct Jakarta-London flight due to ageing airport

SINGAPORE, Aug 1 - Garuda Indonesia has delayed the launch of its first direct Jakarta-London service by six months due to the capital's ageing airport in another example of creaking infrastructure hitting business in Southeast Asia's largest economy.

Financials, Industrials, 4:33am EDT

DBS pulls the plug on Bank Danamon deal

SINGAPORE - Singapore's DBS Group Holdings Ltd said it would not pursue a $7.2 billion takeover of Indonesia's PT Bank Danamon , a deal that had been stuck in limbo after regulators threw a spanner in the process.

UPDATE 1-Indonesia's Antam nickel ore output up by half in H1

* H1 gold sales account for 46 pct of total company sales

Basic Materials, 30 Jul 2013

Indonesia promises not to snoop on foreign leaders: media

JAKARTA - Indonesia pledged not to eavesdrop on foreign leaders when it hosts a major summit later this year despite irritation over reports that its own leader was spied on when he was overseas.

World, 30 Jul 2013

Traders hope Bank Indonesia move heralds end of toilet breaks

SINGAPORE, July 29 - Indonesian currency traders are hoping they will need to take fewer toilet breaks, now that the central bank has started to relax its tight grip on the rupiah.

Financials, 28 Jul 2013

Freeport Indonesia to offer 5 percent stake to public, in smelter talks

JAKARTA - Freeport McMoRan Copper & Gold Inc's Indonesian subsidiary will offer a 5 percent stake to the public and is in talks with three local smelters on copper concentrate supply deals, company and government officials said on Friday.

Indonesia's Bulog builds rice stocks to nearly 3 mln tonnes -CEO

* Stock-build could mean no Indonesia rice imports in 2013

Most passengers rescued after asylum seekers boat sinks off Indonesia

JAKARTA - Three people died but another 157 suspected asylum seekers were rescued after their boat sank off the southern coast of Indonesia, officials said on Wednesday after earlier reports that as many as 60 may have perished. | Video

24 Jul 2013
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Italy's top court upholds Berlusconi jail sentence

ROME - Italy's supreme court on Thursday upheld a jail sentence against Silvio Berlusconi for tax fraud in a devastating blow to the former prime minister that could throw the country's fragile coalition government into crisis.

Ethiopia and Eritrea: An elusive peace on the cards?

Ethiopia and Eritrea are still at each others’ throats. The two neighbours fought hammer and tongs in sun-baked trenches during a two-year war over a decade ago, before a peace deal ended their World War I-style conflict in 2000. Furious veRed Sea, UNrbal battles, however, have continued to this day.