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European Markets Closed For Boxing Day Holiday

Major stock markets around the world remain closed today amid festive season. In Europe, Germany, France, London, Spain and Switzerland are among the markets closed for the Boxing Day holiday. In the Asia-Pacific region, stock markets in Australia, New Zealand and Hong Kong are closed for the Boxing Day holiday. Indonesian markets remain closed for...

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CASS succeeds in restructuring debts

JAKARTA -PT Cardig Aero Service Tbk (CASS) is known to have reached an agreement regarding the reduction of loan interest from its debtor, PT Cardig Asset Management (CAM). Despite the very similar names, CASS and CAM are actually not affiliated. Purnama Wirya, Corporate Secretary of CASS, mentioned that debt restructuring process generates payment scheme such...

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