Articles by Angus Whitley, Eko Listiyorini and Fathiya Dahrul

Lion Air Jet’s Audio Black Box Could Hold Key to Mystery of Doomed Flight

Search crews hunting for the remains of Lion Air Flight JT610 have found the data recorder, engines and body parts of some of the 189 victims. But the key to solving the mystery behind the crash is still missing: the …

Search Team May Have Located Main Wreckage of Lion Air’s Crashed Jet

Indonesia may be close to finding the main wreckage of the Lion Air plane that crashed earlier this week, as the hunt for clues to what caused the country’s worst air disaster since 1997 continued into a third day. The …

Billionaire Li’s FWD Group Nearing Deal to Buy CBA’s Indonesia Unit

Billionaire Richard Li’s FWD Group is nearing an agreement to buy control of Commonwealth Bank of Australia’s Indonesian life insurance arm, people familiar with the matter said, in a deal that would boost the tycoon’s presence in one of the …

Bank Danamon Indonesia’s Insurance Unit ‘Attracts Interest’ From Foreign Suitors

PT Bank Danamon Indonesia, the nation’s fifth-largest lender by market value, is fielding interest from foreign suitors seeking a stake in its insurance subsidiary, people familiar with the matter said. Jakarta-based Danamon is working with an adviser as it weighs …

Watsa’s Fairfax Plans to Buy Control of Indonesia Insurer’s Non-Life Unit: Sources

Fairfax Financial Holdings Ltd., the Canadian investment firm led by Prem Watsa, is in advanced talks to buy control of Indonesian financial group PT Paninvest’s non-life insurance unit, people with knowledge of the matter said. The transaction would value the …

AirAsia Search Hampered by Bad Weather; Black Box Locater Deployed

Search teams looking for the crashed AirAsia Bhd. jetliner’s black box will deploy side-scan sonar and pinger locaters as inclement weather off Indonesia’s coast hinders efforts to recover bodies and the plane’s fuselage. The international team has set 1,575 square …

Adverse Weather Hinders Efforts to Recover AirAsia Flight Data Recorders

Indonesian authorities began deploying divers to find debris from the crashed AirAsia Bhd. jetliner as a day of adverse weather hindered efforts to find the plane’s black boxes. Searchers recovered seven bodies so far, including that of a female flight …

Search Widens for AirAsia Plane, No Emergency Signal Detected

Planes and ships from four nations scoured the Java Sea for an AirAsia Bhd. passenger jet that vanished off the coast of Borneo more than a day ago with 162 people on board, as Indonesian investigators said the jet had …