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1 week ago | 
news.bloombergtax.com | Prima Wirayani |Kerim Karakaya
Emerging market stocks gained for a third day, the longest winning streak in nearly a month, as an exemption of US tariff on a range of electronic products aided sentiment. A gauge of emerging stocks rose as much as 1.4% as tech shares climbed in Asia trade. The MSCI index for developing world currencies also advanced 0.6%, led by gains in the South African rand, Eastern Europe currencies and the Mexican peso.
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1 week ago | 
news.bloomberglaw.com | Prima Wirayani |Kerim Karakaya
Emerging market stocks gained for a third day, the longest winning streak in nearly a month, as an exemption of US tariff on a range of electronic products aided sentiment. A gauge of emerging stocks rose as much as 1.4% as tech shares climbed in Asia trade. The MSCI index for developing world currencies also advanced 0.6%, led by gains in the South African rand, Eastern Europe currencies and the Mexican peso.
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2 weeks ago | 
bloomberg.com | Prima Wirayani |Matthew Burgess
The currency dropped 0.5% to 16,957 per dollar during intraday trading on Wednesday. (Bloomberg) -- Indonesia’s rupiah fell to its lowest in history against the dollar as market participants priced in the impact of rising trade frictions around the globe, prompting another central bank’s intervention. The currency dropped 0.5% to 16,957 per dollar during intraday trading before erasing all losses toward the close on Wednesday.
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1 month ago | 
bloomberg.com | Katia Dmitrieva |Philip Heijmans |Prima Wirayani
Near the Indonesian city of Surakarta, a one-time royal capital on the island of Java that’s long been known for producing elaborate fabrics, dozens of once-bustling garment factories sit empty behind locked gates. At a coffee shop not far from the plant where he was employed for more than three decades, 53-year-old Hariyanto blamed cheap imports from China for the economic devastation.
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1 month ago | 
flipboard.com | Katia Dmitrieva |Philip Heijmans |Prima Wirayani
2 hours agoThe White House point person on immigration is pursuing a strategy that is bedeviling his opponents and could provoke a constitutional crisis. During the first Trump administration, when Stephen Miller’s immigration policy proposals hit obstacles in federal court, rumors would circulate about his …
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1 month ago | 
bloomberg.com | Prima Wirayani |Matthew Burgess
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
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2 months ago | 
gcaptain.com | Sudhi Ranjan Sen |Prima Wirayani
By Sudhi Ranjan Sen and Prima WirayaniJan 25, 2025 (Bloomberg) —Indonesia and India will step up their economic and defense cooperation as the South Asian nation seeks to position itself as a counterbalance to China in the region. The two nations decided to work jointly in the area of defense manufacturing and diversify their trade basket during Indonesian President Prabowo Subianto’s visit to New Delhi.
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2 months ago | 
bloomberg.com | Matthew Burgess |Prima Wirayani
Emerging market investors are turning increasingly wary of carry trades as the threat of tariffs from the Donald Trump administration and the prospect of further dollar gains squeeze returns. Latin American currencies, often bought as part of such trades, face pressure from domestic fiscal issues along with the prospect of trade tensions with the US, according to Mackay Shields and Pictet Asset Management.
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2 months ago | 
ca.finance.yahoo.com | Matthew Burgess |Prima Wirayani
(Bloomberg) -- Emerging market investors are turning increasingly wary of carry trades as the threat of tariffs from the Donald Trump administration and the prospect of further dollar gains squeeze returns. • None What Happened to Hanging Out on the Street? • None How Sanctuary Cities Are Preparing for Another Showdown With Trump• None Hoboken PATH Station Will Close for Almost a Month on Jan.
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2 months ago | 
bloomberg.com | Sudhi Ranjan Sen |Prima Wirayani
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
