Indonesian officials say efforts are underway to recover a ship that capsized and sank in the Java Sea, while rescuers search for 129 people still missing
Indonesian tycoon Andi Syamsuddin Arsyad agreed to acquire a major stake in miner Bayan, setting the stage for him to become one of the biggest figures in the global thermal coal industry
Indonesian rescuers launched a search operation after a passenger ship carrying at least 240 people lost contact in the Java Sea while traveling from East Java to South Kalimantan on Borneo island, officials said.