|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||3,910.00 - 3,980.00|
|52 Week Range||2,910.00 - 4,730.00|
|Beta (3Y Monthly)||1.61|
|PE Ratio (TTM)||14.25|
|Earnings Date||Aug 3, 2018 - Aug 6, 2018|
|Forward Dividend & Yield||132.17 (3.37%)|
|1y Target Est||4,015.80|
* China, U.S. set for second day of high-level trade talks * World Bank cuts growth forecast for Philippines * Singapore set to close 0.8% higher on-week By Soumyajit Saha Oct 11 (Reuters) - Southeast Asian stock markets opened higher on Friday, with Indonesia leading the gains, as revived optimism over the ongoing Sino-U.S. trade talks boosted investor sentiment. Market sentiment turned positive after a first day of trade talks between top U.S. and Chinese negotiators that Trump characterised as "very, very good." Chances of reaching "early harvest" agreements on issues such as currencies and copyright protections were higher, a U.S. Chamber of Commerce official said, while U.S. President Donald Trump said senior U.S. delegates had "very, very good negotiations with China".
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Bank Rakyat Indonesia (P.T.) and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
(Bloomberg) -- Traveloka, Southeast Asia’s largest online travel startup, is getting into financial services.The startup backed by Expedia Group Inc. and JD.com Inc. will issue a credit card with Indonesia’s PT Bank Rakyat Indonesia Persero Tbk linked to its booking services. The travel app is targeting many users across the Indonesian archipelago who have little or no access to traditional banking or reliable internet.Founded by three engineers in 2012, Traveloka -- said to be valued at around $2 billion in 2017 -- has expanded across Southeast Asia by making it easier for consumers to book flights and hotels within the region. It’s raised at least $500 million from investors including Hillhouse Capital and Sequoia. Henry Hendrawan, president of Traveloka operations, said the card was one facet of building a fintech business to complement its travel, accommodation and lifestyle services.“In anything we do in financial services, we will always look to go with strong partners,” Hendrawan said in an interview, adding that he expects to unveil more products and partners in the near future. “This is a perfect example.”With a population of more than 620 million and growing middle class, Southeast Asia is expected to see its online travel market almost triple from about $30 billion in 2018 to $78 billion in 2025, according to Google and Temasek Holdings Pte. By 2025, 57% of bookings will be made online, up from 34% in 2015.Traveloka operates in Indonesia, Malaysia, the Philippines, Thailand, Singapore and Vietnam. Customers will be able to use its card in Indonesia and around the world for both online and offline transactions via Visa Inc.’s network.To contact the reporter on this story: Yoolim Lee in Singapore at firstname.lastname@example.orgTo contact the editors responsible for this story: Edwin Chan at email@example.com, Peter ElstromFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
* Trump says China trade deal could be 'soon' * Singapore flat ahead of industrial output data * Philippines cenbank decision awaited By Anushka Trivedi Sept 26 (Reuters) - Most Southeast Asian stock markets edged higher on Thursday, with Indonesian shares gaining the most, as hints of progress in talks to resolve the U.S.-China tariff dispute lifted investor mood and tempered a shadow over the global economic outlook. U.S. President Donald Trump on Wednesday said a deal to end the longstanding trade war between world's two biggest economies, which has caused a pall over global fiscal growth, could happen sooner than expected. Trump's comments sparked a rally in global equities but gains in Southeast Asia were limited in a low-volume trading session as the unpredictable nature of the trade spat has caused immense volatility in the regional markets over the past year.
* Donald Trump signalled a possible reconciliation with China * Philippines touches a nearly two-week low * Industrial stocks help Singapore index gain By Soumyajit Saha Aug 27 (Reuters) - Most Southeast Asian stocks edged higher on Tuesday as Washington and Beijing struck a conciliatory tone, calming markets that roiled after a fresh round of trade tariffs, while Philippines dropped in catch-up trade. Supporting the market mood, U.S. President Donald Trump on Monday hailed positive gestures from China as signs of an imminent trade deal. China's top trade negotiator and Vice Premier Liu He also called for "calm" negotiations to resolve the dispute.
* U.S. President delays some tariffs on Chinese imports * Financial and consumer stocks lift Philippine index * Singapore hurt by losses in consumer sector By Soumyajit Saha Aug 14 (Reuters) - Most Southeast Asian stock markets ended higher on Wednesday, in line with global peers, after Washington delayed some tariffs on Chinese imports in much-needed relief for financial markets gripped in economic turmoil. The decision by U.S. President Donald Trump to selectively delay the tariffs that were set to go into effect on Sept. 1, doused friction between the two countries that has roiled global markets. A partial tariff delay is not going to solve the core issues between the U.S. and China," Margaret Yang, a market analyst at CMC Markets said in a note to clients.