Below is a list with tagged columns and company profiles.

Today's Headlines USA

  • Never a Dull Day with Donald Trump in Office

    Never a Dull Day with Donald Trump in Office

    With Donald Trump in office there exists huge volatility in terms of politics, foreign diplomatic relations, and trade-related policies. One day the US is on the brink of a "fire and fury" war with North Korea, then the next day Trump and North Korean leader Kim Jong Un agree to meet for talks. One day the US shocks the world by announcing steep steel and aluminum import tariffs, the next day trading partners are invited to negotiate lower tariffs. One day Rex Tillerson is US Secretary of State, the next he is fired by Trump through Twitter.

    Read more ›

  • US February Payrolls Soar 313,000, Jobless Rate Holds at 4.1%

    US February Payrolls Soar 313,000, Jobless Rate Holds at 4.1%

    Rapidly rising US stock futures and a sell-off in the bond market. These are the results of an impressive US jobs report, released by the US Labor Department on Friday morning (American time) or evening (Indonesian time). The US economy added 313,000 jobs in February 2018, the highest increase since October 2015. A huge rise in construction jobs was one of the key supporting factors. Meanwhile, the US unemployment rate stayed at 4.1 percent for a 5th straight month.

    Read more ›

  • US Confirms Preliminary Anti-Dumping Duty on Indonesian Biodiesel

    US Confirms Preliminary Anti-Dumping Duty on Indonesian Biodiesel

    Wilbur Ross, US Secretary of Commerce, stated that the US Department of Commerce issued an affirmative final anti-dumping duty on biodiesel shipments that originate from Indonesia. The statement was released overnight (21/02). The decision was made to improve the situation of local US biodiesel producers as their business was undermined by cheap biodiesel imports from Indonesia (and Argentina).

    Read more ›

  • Biodiesel Producers in Indonesia Looking for New Export Markets

    Biodiesel Producers in Indonesia Looking for New Export Markets

    Indonesian biodiesel producers are in search of new export markets after the USA announced to introduce heavy anti-dumping duties and anti-subsidy rates on palm oil-based biodiesel imports from Indonesia. The Trade Ministry said Indonesia exported USD $255.6 million worth of biodiesel to the USA in 2016. This constitutes 89.2 percent of Indonesia's total biodiesel shipments.

    Read more ›

  • Indonesia Hit by US Anti-Subsidy Duties & Loses WTO Appeal

    Indonesia Hit by US Anti-Subsidy Duties & Loses WTO Appeal

    In a final ruling, released overnight (09/11), the US Commerce Department set anti-subsidy rates in the range of 34.45 - 64.73 percent for palm oil-based biodiesel imports that originate from Indonesia. This final ruling was slightly lighter than the preliminary 41.06 - 68.28 percent range that was set in August 2017.

    Read more ›

  • USA Imposes Anti-Dumping Duties on Biodiesel Imports from Indonesia

    USA Imposes Anti-Dumping Duties on Biodiesel Imports from Indonesia

    On Monday (23/10) the US Commerce Department issued a preliminary ruling and decided to set anti-dumping duties of 50.71 percent on biodiesel imports from Indonesia. Meanwhile, the USA also set anti-dumping duties, ranging between 54.36 to 70.05 percent, on soy-based biodiesel imports from Argentina.

    Read more ›

  • Awaiting Final US Ruling over Indonesia's Alleged Biodiesel Dumping

    Awaiting Final US Ruling over Indonesia's Alleged Biodiesel Dumping

    Stakeholders in Indonesia's biodiesel industry are waiting for the final ruling of the US Commerce Department regarding the dumping of biodiesel products on the American market. The USA accuses Indonesia and Argentina of subsidizing biodiesel exports, hence leading to uncompetitive US vegetable oils (particularly soybean oil).

    Read more ›

  • USA Plans to Impose 40% Anti-Dumping Duties on Indonesian Biodiesel

    USA Plans to Impose 40% Anti-Dumping Duties on Indonesian Biodiesel

    The US government plans to impose 40 percent import duties on biodiesel products that are shipped from Indonesia as the USA accuses the world's largest palm oil producer and exporter of dumping biodiesel products on the American market. As a result US vegetable oils (particularly soybean oil) lack competitiveness.

    Read more ›

  • Unprecedented North Korea Provocation Hits Asian Markets

    Unprecedented North Korea Provocation Hits Asian Markets

    Early this morning (Tuesday 29 August) North Korea fired another ballistic missile test. This time, however, the missile went over the northern part of Japan, an apparent attempt to provoke those who oppose North Korea's test program. The test did not lead to damage or injuries and broke into three pieces before plunging in the Pacific Ocean. While the world is now particularly waiting for a response from the USA, markets have already responded.

    Read more ›

  • Asian Stock & Currency Markets Digest Federal Reserve Minutes

    Asian Stock & Currency Markets Digest Federal Reserve Minutes

    The latest Federal Reserve minutes, released on Wednesday (05/07), injected a degree of uncertainty into markets. The minutes, covering the Federal Open Market Committee's June meeting, show a fragmented Fed that is split on when to start shrinking the Fed's massive $4.5 trillion balance sheet as well as on the inflation slowdown.

    Read more ›

Latest Columns USA

  • Positive Impact Wall Street on Indonesia's Stock Index (IHSG)

    For the third day in a row, Indonesia's main stock index (IHSG) made a strong upward jump on Friday (28/06). Supported by strong American and European stock indices on the previous trading day, the IHSG rose 3.06 percent to 4,818.90 points. American and European indices mostly rose on Thursday (27/06) due to various positive macroeconomic data from the USA. These economic data translated into the good performance of the IHSG and other Asian stock indices on Friday. All sectoral indices of the IHSG were reported to have grown.

    Read more ›

  • Indonesia Stock Exchange Influenced by US Economic Data and Fed Stance

    Stock indices in the United States were up for the third day in a row on Thursday (27/06). Main reason for this upward trend are various positive macroeconomic figures from the USA. The number of homes under contract to be sold (excluding new construction) grew 6.7 percent in May, while analysts had forecast growth of about 1 percent from the previous month. Personal spending, which accounts for about 70 percent of the domestic economy, grew 0.3 percent in May, while personal income rose 0.5 percent.

    Read more ›

  • Recovery Continues: Indonesia's Stock Index (IHSG) Gains 1.92%

    Asian stock indices were up on Thursday (27/06) after economic growth of the United States in Q1-2013 was lower than expected. Paradoxically, this had a positive effect on global stock indices as speculation arose that the disappointing growth rate would convince the Federal Reserve to continue its quantitative easing program. It also had a good affect on Indonesia's main stock index (IHSG), which gained 1.92 percent and ended at 4,675.75. The index was well on its way to close a gap (at 4,743-4,801) but was blocked by mixed European openings.

    Read more ›

  • Recovery on the Indonesia Stock Exchange: IHSG Index up 3.82 Percent

    It has been a long time since we have reported a good day at the Indonesia Stock Exchange (IDX). But finally on Wednesday (26/06) Indonesia's main stock index (IHSG) made a great jump upwards, supported by American and European stock indices that were up on Tuesday (25/06) due to positive economic data from the United States. Investors used this positive context to engage in stock trading. Moreover, Indonesia's stocks are currently - technically speaking - cheap and thus attractive.

    Read more ›

  • Indonesia Stock Index (IHSG) Extends its Losing Streak on Monday

    Apparently the stormy and dark clouds above the Indonesia Stock Exchange (IDX) are still present. Most foreign investors continued to sell their Indonesian assets, resulting in another day of losses for the main stock index of Indonesia (IHSG). Not even clarity about the price hike of subsidized fuel could ease investors' minds (fuel prices were increased last Saturday after months of speculation). For the last two weeks negative sentiments have coloured the stock exchange and profit taking has been the result.

    Read more ›

  • Indonesia's main Stock Index (IHSG) after Ben Bernanke's Speech

    Similar to the Jakarta Great Sale event, Indonesia's main stock index (IHSG) trades its stocks at low prices as foreign investors have sold large parts of their Indonesian stock assets in recent weeks. Last week, foreign investors sold IDR 4.9 trillion (about USD $492.4 million), meaning that this year's accumulated foreign net buying has evaporated. Will these sales continue? Yes, I think so. Foreigners have invested about IDR 144 trillion in Indonesia's capital markets between 2007 and Q1-2013. As such, there is still plenty to sell.

    Read more ›

  • Another Day of Losses for Indonesia's Main Stock Index (IHSG)

    On Friday's trading day (21/06), Indonesia's main stock index (IHSG) was still under the spell of the unrest that emerged because of Ben Bernanke's announcement of a possible stop to the Federal Reserve's quantitative easing program in 2014. Moreover, weak manufacturing data from China also continued to cause negative market sentiments. The IHSG fell 2.48 percent to 4,515.37, its lowest closing since 11 February 2013. Foreign investors sold about USD $228 million more stocks than they bought.

    Read more ›

  • Impact of Federal Reserve's Quantitative Easing on Indonesia's IHSG

    On Wednesday (19/06), Indonesia's main stock index (IHSG) posted a 0.70 percent fall to the level of 4,806.66 points as foreign investors continued to sell more Indonesian stocks than they bought. Moreover, the IHSG did not receive any support from the Asian region, where most stock indices weakened. Similar to Europe and the United States, Asian markets were eagerly waiting for results of the meeting of the Federal Reserve on Wednesday evening and thus mostly refrained from trading during the day.

    Read more ›

  • Small Gain for the IHSG Despite Uncertainty about Subsidized Fuel Price

    Despite weakening stock indices in the United States on Friday (14/06), most Asian indices were up on Monday (17/06) and impacted positively on the main index of Indonesia (IHSG). On the other hand, market participants are still waiting for the outcome of the plenary session of Indonesia's House of Representatives (DPR) regarding the approval of the increase in the price of subsidized fuel. The market is speculating that the price increase will be approved even though a number of political parties oppose the plan.

    Read more ›

  • Two Important Questions in Indonesia's Highly Volatile Market

    Indonesia's main stock index (IHSG) moved wildly last week. During the first two days of the week, the index fell to 4,609.95 points, which is considerably below its record high level of 5,214 on 20 May 2013. However, on the last trading day of the week (14/06), a 3.32 percent recovery occurred. Generally, it were domestic market participants that supported the IHSG. Foreign market participants continued to sell parts of their Indonesian stock portfolios. Total foreign selling totaled IDR 9 trillion (USD $910.4 million) last week.

    Read more ›

No business profiles with this tag