Articles by Joyce Koh, Jonathan Browning and Fathiya Dahrul

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 …