Indonesian market News

Indonesia Quake Losses Exceed Several Hundred Million Dollars; Deaths Pass 430

The death toll from the earthquake that rocked the Indonesian island of Lombok a week ago has passed 430 and the government is estimating economic losses will exceed several hundred million dollars. The national disaster agency said Monday the Aug. …

3rd Major Earthquake Hits Indonesian Island of Lombok; Deaths Top 300

The Indonesian island of Lombok was shaken by a third big earthquake in little more than a week Thursday as the official death toll from the most powerful of the quakes topped 300. The strong aftershock, measured at magnitude 5.9 …

Powerful Earthquake Slams Indonesian Island of Lombok, Killing at Least 98

A powerful earthquake flattened houses and toppled bridges on the Indonesian tourist island of Lombok, killing at least 98 people and shaking neighboring Bali, as authorities said Monday that rescuers still hadn’t reached some devastated areas and the death toll …

Strong Earthquake Hits Indonesia’s Lombok Island, Killing at Least 14 People

A strong and shallow earthquake early Sunday killed at least 14 people and injured more than 160 on Indonesia’s Lombok island, a popular tourist destination next to Bali, officials said. The quake damaged more than 1,000 houses and was felt …

Indonesia MPs Grill Facebook Executives on Potential Data Misuse

A Facebook official apologized to Indonesian members of parliament on Tuesday during a five-hour grilling at a public hearing on issues ranging from the misuse of personal data to the oversight of content by the social media giant. Facebook has …

China’s Ant Financial to Offer Mobile Finance Services in Indonesia

Ant Financial, the finance affiliate of Alibaba Group Holding, and Indonesian media company Elang Mahkota Teknologi (Emtek) are to form a joint venture to offer payment and financial services in Indonesia. The Emtek tie-up is Ant’s fifth international payments deal …