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Wednesday, May 2, 2012
Indonesian inflation rose to 4.5 percent in April, driven by higher food prices, the government said Tuesday. The consumer price index (CPI) was up 4.5 percent from a year earlier, an increase from the 3.97 percent recorded in March, the Central Statistics Agency said.
Tuesday, May 1, 2012
Following the success of its yen-denominated “Samurai Bonds,” the Indonesia government says it will issue bonds denominated in the currencies of China and South Korea next year.
Thursday, April 26, 2012
Standard & Poor's says India's worsening deficits and diminishing growth prospects could lead to a downgrade of Asia's third-largest economy. The ratings agency changed its outlook on India from stable to negative Wednesday.
Wednesday, April 25, 2012
Ratan Tata and his successor-in-waiting on Monday launched the Tata group's consumer electronics retail store Croma online
Ratan Tata and his successor-in-waiting on Monday launched the Tata group's consumer electronics retail store Croma online
Shares in India's biggest outsourcing firm Tata Consultancy Services (TCS) jumped more than 10 percent in early trade on Tuesday after it reported better-than-expected quarterly earnings.
Tuesday, April 24, 2012
Ratings agency Standard and Poor retained its positive outlook for the Indonesian economy on Monday, but held off on lifting its sovereign debt rating.
French industrial sentiment fell in April to remain below its long-term average, figures released on Monday by the national statistics office showed.
Monday, April 23, 2012
Buoyed by rapid economic growth, Indonesia has become a bonanza for international plane makers who are booking some of the world's biggest sales as Western airlines suffer a downturn.
Friday, April 20, 2012
The west Indian state of Gujarat is flipping the switch on Asia's largest solar power field, as just part of its 600 megawatt solar energy addition to India's power grid.
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