The US central bank is expected to keep interest rates unchanged for a fourth straight policy meeting this week, despite President Donald Trump's push for rate cuts, as officials contend with uncertainty sparked by the Republican's tariffs.
1 hour agoRussia's state nuclear corporation Rosatom and state-owned China National Nuclear Corporation have been tapped to lead separate consortiums to build the first nuclear power plants in Kazakhstan, the country's atomic energy agency said on Saturday.
8 hours agoPredictions of imminent AI-driven mass unemployment are likely overblown, but employers will seek workers with different skills as the technology matures, a top executive at global recruiter ManpowerGroup told AFP at Paris's Vivatech trade fair.
1 day agoUS President Donald Trump approved Nippon Steel's US$14.9 billion bid for US Steel on Friday, capping a tumultuous 18-month effort by the companies that survived union opposition and two national security reviews.
1 day agoIndonesia has seen a steep decline in the number of artisanal batik producers over the past four years across key production centers from Java to Sumatra, as pressure mounts from a surge of mass-produced batik-like fabrics, most of which are imported.
1 day agoThe seawall development in Jakarta is part of the 500-kilometer Giant Sea Wall megaproject along Java's northern coast, which is estimated to cost up to $80 billion and take 20 years to complete.
2 days agoPreviously, National Economic Council (DEN) chairman Luhut Pandjaitan said a plan to extend the high-speed railway line to Surabaya was moving forward.
2 days agoThe housing ministry and Lippo Group have launched an initiative to build compact houses of a minimum 14 square meters to tackle Greater Jakarta's housing shortage for low-income earners.
2 days agoPredictions of imminent AI-driven mass unemployment are likely overblown, but employers will seek workers with different skills as the technology matures, a top executive at global recruiter ManpowerGroup told AFP at Paris's Vivatech trade fair.
1 day agoIndonesian investment platform Pluang became the first to expand to the Philippines and to offer access to United States regulated fractional stocks.
3 days agoPressure is on Apple to show it hasn't lost its magic despite broken promises to ramp up iPhones with generative artificial intelligence (GenAI) as rivals race ahead with the technology.
6 days agoFinance minister Rachel Reeves is set to address parliament around midday, outlining her spending review in the hopes of boosting the country's sluggish growth, which risks added pressure from US President Donald Trump's tariffs onslaught.
4 days agoChina's export growth slowed to a three-month low in May as US tariffs slammed shipments, while factory-gate deflation deepened to its worst level in two years, heaping pressure on the world's second-largest economy on both the domestic and external fronts.
6 days agoRussia's state nuclear corporation Rosatom and state-owned China National Nuclear Corporation have been tapped to lead separate consortiums to build the first nuclear power plants in Kazakhstan, the country's atomic energy agency said on Saturday.
8 hours agoUS President Donald Trump approved Nippon Steel's US$14.9 billion bid for US Steel on Friday, capping a tumultuous 18-month effort by the companies that survived union opposition and two national security reviews.
1 day agoAirbus revised up its forecast for airplane demand over the next 20 years on Thursday, telling investors and suppliers the air transportation industry was expected to ride out the current wave of trade tensions.
3 days agoThe shutdown of the 20-year-old airline next month will result in up to 500 job losses, a Qantas spokesperson said, and Jetstar Asia's fleet of 13 Airbus A320 planes will be redeployed to Australia and New Zealand.
4 days agoThe deal may keep the Geneva agreement from unravelling over dueling export controls, but does little to resolve deep differences over Trump's unilateral tariffs and longstanding US complaints about China's state-led, export-driven economic model.
4 days agoThe US central bank is expected to keep interest rates unchanged for a fourth straight policy meeting this week, despite President Donald Trump's push for rate cuts, as officials contend with uncertainty sparked by the Republican's tariffs.
1 hour agoStocks dived in early Asian trade on Friday, led by a selloff in US futures, while oil prices jumped after Israel conducted a military strike on Iran, sending investors scurrying to safe havens such as gold and the Swiss franc.
2 days agoGlobal stocks and the dollar slipped on Thursday as investors sized up a benign US inflation report and the fragile trade truce between Washington and Beijing, while rising tensions in the Middle East and lingering tariff anxiety dented risk sentiment.
3 days agoAsian stocks squeezed out more gains Tuesday as the latest round of China-US trade talks moved into a second day, with one of Donald Trump's top advisers saying he expected "a big, strong handshake".
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