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Antam to acquire interest in Martabe Gold, Silver Project (Jul 4)
State mining company PT Aneka Tambang (Antam) on Friday announced it had signed a memorandum of understanding (MoU) with Australian-based Oxiana Limited. read more


Asian markets mixed in midday trade; Nikkei threatens to stretch losing streak to 12 days (Jul 4)
Asian markets were mixed Friday as investors digested uneven readings on the U.S. economy and more record oil prices. Japan headed for its 12th straight day of losses. read more


G-8 leaders face worst economic outlook in at least a decade in surging prices, global slump (Jul 4)
Between surging oil prices, food inflation and a credit crunch that's depressed global growth,read more


Stock market weathering financial storm, needs more quality firms (Jul 4)
Indonesia's capital market has coped well amid a global financial storm thanks to its natural resources, but the country lacks quality companies to invest in, economists say. read more


Govt to tighten up subsidized LPG distribution, BPH Migas in the dark (Jul 4)
read more


Dividend tax rate set at 10% to up stock market investment (Jul 4)
Dividend tax will be set at 10 percent at the highest, half of the current rate of 20 percent, the latest deliberation on the income tax bill reveals. read more


Trikomsel gets US$75 million in loans (Jul 4)
JAKARTA: Mobile phone company PT Trikomsel Oke secured Thursday US$75 million in loans from five publicly listed banks to expand its network of outlet stores. read more


Govt ready to renegotiate all mining contracts (Jul 3)
The government is ready to renegotiate all mining contracts in response to the developing in society, Energy and Mineral Resources Minister Purnomo Yusgiantoro said. read more


Air New Zealand to lift ticket fares 4th time in 2008 due to rising fuel costs (Jul 3)
Air New Zealand will increase domestic and international fares from mid-July, the airline said
Thursday, blaming its fourth fare hike since March on rising fuel prices. read more


Shares in General Motors close below $10 for the first time since 1954 (Jul 3)
Shares of General Motors have closed below $10 for the first time in 54 years. The shares have ended the day at $9.98, down 15.1 percent, their lowest since Sept. 13, 1954. read more
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