Wilmar plans to invest $2 bln in Indonesia - govt
JAKARTA, June 21 (Reuters) - Singapore's Wilmar , the world's largest listed palm oil firm, wants to invest $2 billion in Indonesia, the head of Indonesia's state investment board Gita Wirjawan said on Monday.
Wirjawan said Wilmar was looking at investing in the planned Merauke food estate in Indonesia's eastern Papua region.
China yuan change spurs jump to risky assets
HONG KONG, June 21 (Reuters) - Stocks and commodities jumped and U.S. Treasuries fell as investors bet China will allow the yuan to rise after promising more currency flexibility, easing political tensions with the West and encouraging investors to snap up riskier assets.
"This provides a positive psychological boost to Asian financial markets, so not just Asian equity markets but also Asian currencies and bond markets as well," Khiem Do, head of Asian multi asset at Baring Asset Management in Hong Kong, told Reuters Insider television.
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