|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||27.28 - 27.60|
|52 Week Range||22.41 - 27.64|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.62%|
Washington and Beijing have different perceptions of what the South China Sea is. Washington and its allies think of the body of water as an open sea. Beijing thinks that it is its own sea. All of it.
Indonesia decided to rename its maritime region in the southwest part of the South China Sea as the “North Natuna Sea," asserting its own sovereignty in the area. America stepped up patrols in disputed South China Sea waters, asserting its willingness to keep the waterway an open sea.
Despite Freeport’s announcement of a resolution to its long-term Grasberg dispute with the Indonesian government, its stock fell on August 29.
Markets are apprehensive about Freeport’s Indonesia operations. Freeport is exporting copper concentrate from Indonesia under a short-term export permit.
In July 2017, manufacturing activity in Indonesia (EIDO) fell at the fastest pace in 19 months, mainly due to sharp decline in its output. Indonesia’S (EEM) manufacturing PMI (purchasing managers’…
When commodity prices fall, high-cost producers become unprofitable much sooner than their peers, which are placed more favorably on the cost curve.
Manufacturing activity in Indonesia (EEM) in July 2017 fell at its fastest pace in the last 19 months mainly due to the sharp decline in its output.
Exports from Indonesia (EIDO) in June 2017 stood at $11.6 billion, a fall of 11.8% on a year-over-year basis and 19% on a month-over-month basis.
Indonesia's (EIDO) trade surplus in June 2017 stood at $1.6 billion as compared to $1.1 billion in the corresponding period last year and $0.57 billion in the previous month.
Issues ranging from a labor impasse to frictions with the Indonesian government have hit Freeport’s Indonesian operations.