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The Jakarta composite share price index edged down in Wednesday`s opening trade on profit taking. The index of the Indonesian Stock Exchange (BEI) fell 17.06 points or 0.4 percent to 4,502.86 points with the index of 45 most liquid stocks falling 0.
Countries must adopt new economic policies to adjust to structural changes in the world economy sparked by the onset of the global financial crisis five years ago, according to a new United Nations report. The Trade and Development Report 2013 notes
"U.S. must act urgently," says International Finance Committee .Also highlighted concerns about the future of emerging countries . The International Monetary Fund ( IMF) and World
Tax the rich and better target the multinationals: The IMF has set off shock waves last week in Washington by suggesting countries fight budget deficits by raising taxes. Tucked inside a report on public debt, the new tack was mostly eclipsed by
The United States borrows in its own currency, and it borrows at extremely low interest rates. It also borrows under its own laws, an often overlooked advantage. Such a situation makes default or at least involuntary default impossible because the
Growth in South Asia will dip in 2013-14 and countries must revitalize structural reforms to ensure their region returns to the ranks of the world's fastest-growing economies and cuts poverty, the World Bank said on Wednesday. The development
Monetary Fund (IMF), which last month trimmed its 2013 growth outlook for the Philippines, has also cut its projections for the region amid continued global uncertainty. In its latest World Economic Outlook, the Washington-based lender lowered its
MoneyWatch) I've been getting many calls and emails from investors who are very concerned about the stock market, given the partial shutdown of the federal government and the looming crisis if the debt ceiling isn't lifted .
Federal Reserve delaying the start of a slowdown in asset purchases gives Asian markets a bit of a reprieve but does not change the basic picture that the United States is embarking on a gradual normalization of its monetary policy. The big question
Business News A man who accurately predicted the 2008 financial crisis says that Indonesia could become the world's fastest growing economy in the second part of this decade as it has stronger fundamentals compared to those of China and India. US