Business Blog

Indonesia sells 1.49 trln rupiah of Islamic bonds, below target

JAKARTA, Oct 21 (Reuters) - Indonesia&aposs finance ministry sold 1.49 trillion rupiah ($124 million) of Islamic bonds at an auction on Tuesday, slightly below an indicative target of 1.5 trillion rupiah, the ministry&aposs debt office said.The weighted average yield for the six-month Islamic T-bill was 6.73637 percent, lower than 6.81782 percent at the previous sale on Oct. 7.The six-year project
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GLOBAL MARKETS-Brighter China data fails to lift stocks, dollar sags

* China growth slows, but economy grew slightly more than expected * Nikkei slips 2 pct, giving back half of Monday's rally * Falling U.S. Treasury yields sap appeal of greenback By Marc Jones LONDON, Oct 21 (Reuters) - A two-day rebound in global...
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Fitch: Indonesia Insurance Law Unlikely to Stem M&A from Abroad

(The following statement was released by the rating agency) JAKARTA/HONG KONG/SINGAPORE, October 20 (Fitch) Indonesia's new comprehensive insurance law, due to take effect by 23 October, adds some restrictions to foreign investment in the sector,...

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Fitch: Indonesia Insurance Law Unlikely to Stem M&A from Abroad

(The following statement was released by the rating agency) JAKARTA/HONG KONG/SINGAPORE, October 20 (Fitch) Indonesia's new comprehensive insurance law, due to take effect by 23 October, adds some restrictions to foreign investment in the sector,...

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Islamic finance body IILM adds Barwa Bank as sukuk primary dealer

The Malaysia-based International Islamic Liquidity Management Corp (IILM) has added Qatar&aposs Barwa Bank IPO-BABK.QA as the tenth primary dealer handling its Islamic bond programme, the organisation said on Monday.

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Islamic finance body IILM adds Barwa Bank as sukuk primary dealer

The Malaysia-based International Islamic Liquidity Management Corp (IILM) has added Qatar&aposs Barwa Bank IPO-BABK.QA as the tenth primary dealer handling its Islamic bond programme, the organisation said on Monday.
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