PowerShares Global Coal

• Infighting in Indonesian Coal Won’t Dampen Demand

  By Peter Pham - October 30, 2012 | Tickers: EIDO, KOL, IDX, PKOL.DL

  The shares of the London listed Indonesia based Bumi Plc, which has a significant representation in Market Vectors Indonesia Index ETF : IDX), have gone up by as much as 48% since October 11 following the revelation that Indonesia’s Bakrie family has decided to split the business by buying back their stake from Bumi for $1.4 billion.

  Financial irregularities in one of the firms owned by Bakries have created more »