Shell said the deal is expected to be completed by next year and is part of a strategy to transform its portfolio ...

Indonesia is expected to appoint a military officer - once found guilty of kidnapping rights activists - to a top finance ...

The two firms have yet to confirm merger plans officially but the possibility of such a move has been widely reported in ...

A planned mass demonstration by online motorcycle taxi (ojol) drivers on Tuesday (20/5) failed to draw the anticipated ...

President Donald Trump failed to receive backing for his tax bill. Among other currencies, the Singapore dollar, its ...

Bank Indonesia lowered the benchmark 7-day reverse repurchase rate, known as the BI Rate, by 25 basis points to 5.50% ...

Ride-hailing and delivery services, especially by motorcycle, are a critical part of the transport landscape in Indonesia ...

Jakarta benchmark index rose as much as 0.9% before trimming gains, eyeing a sixth straight session of advances ...

A number of executives at subsidiaries of Pertamina were arrested earlier this year for alleged corruption related to oil ...

RATING MOODY'S - WASHINGTON. Moody's downgraded the U.S. sovereign credit rating on Friday due to concerns about the nation's ...

Indonesia is due to raise its palm oil export levy to between 4.75% and 10% from May 17 to help fund a biodiesel blending ...

KUFPEC will invest about $1.54 billion to develop the Anambas block to produce 55 million standard cubic feet a year ...