2. Duit (2 x 24)<\/p>\n
Asian currencies mixed,
\nyen rally helps some<\/p>\n
JP\/
\nAsian Currencies Mixed Late; Late Yen Rally Helps Some<\/p>\n
Asian currencies were mixed against the dollar Wednesday, with
\nthe South Korean won and New Taiwan dollar strengthening on the
\nback of gains in local stock markets and a late session yen
\nrally.<\/p>\n
The Singapore dollar and Indonesian rupiah also advanced,
\nwhile the Philippine peso and Thai baht lost ground against the
\nU.S. currency.<\/p>\n
The dollar, which has dominated currency markets regionally
\nand globally during the past two days began showing signs of
\nfatigue in the afternoon session against both the yen and euro.<\/p>\n
The dollar opened the Asian trading day stronger against the
\nyen on the heels of better-than-expected U.S. retail sales data
\nfor April and a strong performance in U.S. stock markets. The
\nNasdaq Composite Index rose 4.0 percent, while the Dow Jones
\nIndustrial Average advanced 1.9 percent.<\/p>\n
But a follow-up rally on the Tokyo Stock Exchange, as well as
\nnews that Japan's current account surplus increased by 52 percent
\nin March from a year earlier, gave investors reason to buy back
\nthe yen.<\/p>\n
3. IT (2 x 20)
\nIT product retail
\nsales up 15 percent
\nJP\/ \/<\/p>\n
IT product retail sales up 15 percent this year<\/p>\n
The sales of Information Technology (IT) solutions and
\nservices for the retailing sector in Indonesia is predicted to
\nreach US$80 million this year, an increase of about 15 percent
\nfrom around US$70 million last year.<\/p>\n
Pawan Murari, the retailing unit chairman of PT Sejatibina
\nDelta Informatika (SDI) Technologies, said that next year the
\nsales would also grow at least 15 percent. More than 70 percent
\nof the sales would be for hardware and the rest for software.<\/p>\n
SDI, an IT solutions and services provider, was founded in
\n1995 and has expanded to Australia, France, the U.S. and India.<\/p>\n
\"Actually the IT market for the retailing sector here is very
\npotential. There are 60 local retailers here. But most of them
\nhave not yet applied to the IT solutions and services,\" he told
\nThe Jakarta Post on Wednesday.<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/2-duit-2-x-24-1447893297",
"image": ""
},
"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
}