Jakarta, Indonesia News

The business and financial community cheered, and the rupiah hit a two-month high, after Joko Widodo was declared Indonesia's next president.

After spending a decade, and a chunk of the family fortune, in trying to become Indonesia's president, an outraged Prabowo Subianto watched as leadership of the world's third-largest democracy slipped through his fingers this week.

Detectives say Florida State University law school professor Daniel Markel was shot in the head - but won't say whether he was shot from the front or back.

Roughly 10 million people live within the urban core of this vast city while a further 28 million populate the suburbs.

Acting Jakarta governor Basuki "Ahok" Tjahaja Purnama said on Tuesday that City Hall received a bomb threat intended for non-active Jakarta governor and president-elect Joko "Jokowi" Widodo on July 19. Ahok said Jokowi would be returning to his duties at City Hall after the presidential election results were finalized on Tuesday, according to ... (more)

Malaysia's bitterly divided political forces put aside their differences on Wednesday to denounce the attack on flight MH17 as a heinous international crime and call jointly for swift justice for those responsible.

KUALA LUMPUR, July 23 -- Prime Minister Datuk Seri Najib Tun Razak today extended congratulations to Joko "Jokowi" Widodo on his election as the new president of Indonesia.

A strong quarterly production report from Australia's biggest resources company pushed the sharemarket to a six-year closing high for the third day in a row.

The former general defeated in Indonesia's presidential election will challenge the results in the country's highest court, his campaign team spokesman said.

CHRIS UHLMANN: Australia and Indonesia have a growing business relationship, and some close observers are wondering if the election result will strengthen or weaken those ties.

After winning Indonesia's closest ever presidential election, Joko "Jokowi" Widodo now faces what could be his toughest battle yet - winning over his own party.

Joko "Jokowi" Widodo appears at a rally in Proklamasi Monument Park in Jakarta on July 9, 2014.

Britain's Catherine, Duchess of Cambridge, carries her son Prince George alongside her husband Prince William as they visit the Sensational Butterflies exhibition at the Natural History Museum in London, July 2, 2014.

By JULIE WATSON Associated Press The two Americans killed in fighting in the Gaza Strip followed in the footsteps of scores of Jews from around the world who have volunteered to fight for Israel.

By JULIE WATSON Associated Press The two Americans killed in fighting in the Gaza Strip followed in the footsteps of scores of Jews from around the world who have volunteered to fight for Israel.

Indonesian presidential candidate Joko Widodo greets his supporters as he declares victory in the election.

Indonesia's presidential candidate Joko Widodo smiles during a talk with his supporters at the Bisnis Indonesia newspaper office in Jakarta, July 21, 2014.

Show me the money: The proposed Bill also calls for investments by foreign banks to be evaluated according to 'reciprocity' or whether Indonesian banks can have similar market access to these banks' home countries.

Indonesia's fiscal and monetary authorities have confirmed they are now drafting regulations that aim to put the brakes on the country's alarmingly rapid growth of external leverage.

The Indonesian government has readied experts and investigators to join international joint efforts to probe the downing of a Malaysian passenger jet in eastern Ukraine as well as to recover and identify the victims, even though the separatists controlling the site have yet to give clear access.