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Birds fly as smoke rises following an explosion, after Israel and the United States launched strikes on Iran, in Tehran on March 3, 2026.
Birds fly as smoke rises following an explosion, after Israel and the United States launched strikes on Iran, in Tehran on March 3, 2026.`
Economy premium

Fiscal fears grow as high oil price strains state budget

The United States-Israeli attack on Iran has sent global oil prices surging past US$80 per barrel, putting additional strain on the state budget, which could force painful adjustments.

1 hour ago
Markets

Oil rises as expanding US-Israel war with Iran heightens supply risks

Brent crude futures LCOc1 were at $80.89 a barrel, up $3.15, or 4.1 percent, by 0745 GMT. On Monday, the contract surged to as high as $82.37, its highest since January 2025, though it pared those gains to settle 6.7 percent higher.

7 hours ago
Companies premium

Danantara, INA to inject $200m into Chandra Asri’s new plants

The first phase is projected to have an annual production capacity of 400,000 tonnes of caustic soda and 500,000 tonnes of ethylene dichloride (EDC), with operations targeted to commence in 2027.

8 hours ago

The Latest

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Economy

Ramadan 2026: A two-speed season

Unlike in 2025, saving conditions entering Ramadan this year are weaker across income segments, limiting the spending before the disbursement of holiday bonuses.

9 hours ago
Economy premium

Inbound tourism inches up in January

Indonesia has recorded a slight increase in its inbound tourism, welcoming 1.01 million foreign visitors in January, Statistics Indonesia (BPS) data show.  

11 hours ago
Companies

MR. D.I.Y. brings modern retail concept with second flagship opening

PT Daya Intiguna Yasa (MR.D.I.Y. Indonesia), Indonesia's largest home goods retailer, has officially opened its second flagship store at Summarecon Mall Bekasi 2 in Bekasi, West Java.

11 hours ago
Companies

Airline stocks remain under pressure; Asian carriers see surge in demand, prices jump

Asian airline shares remained under pressure on Tuesday as the US and Israeli war against Iran escalated, with carriers closely monitoring fuel price spikes and many seeing a surge in bookings as passengers switch from Middle Eastern airlines.

13 hours ago
Economy premium

Businesses on edge as US-Iran conflict threatens fuel supplies, higher inflation

To mitigate further impacts, Indonesia is seeking alternative oil import sources outside the Middle East, including from the US.

1 day ago
tech

OpenAI strikes Pentagon deal with 'safeguards' as Trump dumps Anthropic

Trump had ordered the government to stop using Anthropic, calling it a threat to national security after it refused to agree to unconditional military use of its Claude models.

3 days ago
tech

Where AI lives: Southeast Asia's data center boom

New data centers -- warehouse-like facilities that store online files and power AI tools from chatbots to image generators -- are mushrooming worldwide, and the sector is growing particularly fast in Asia.

5 days ago
tech

AI 'arms race' risks human extinction, warns top computing expert

Tech CEOs are locked in an artificial intelligence "arms race" that risks wiping out humanity, top computer science researcher Stuart Russell told AFP on Tuesday, calling for governments to pull the brakes.

1 week ago
tech

Job threats, rogue bots: five hot issues in AI

As artificial intelligence evolves at a blistering pace, world leaders and thousands of other delegates will discuss how to handle the technology at the AI Impact Summit, which opens Monday in New Delhi.

2 weeks ago
tech

China’s ByteDance releases Doubao 2.0 AI model for 'agent era'

China's ByteDance has rolled out its Doubao 2.0 model, an upgrade of the country's most widely used artificial-intelligence app, the company said on Saturday.

2 weeks ago
companies

MR. D.I.Y. brings modern retail concept with second flagship opening

PT Daya Intiguna Yasa (MR.D.I.Y. Indonesia), Indonesia's largest home goods retailer, has officially opened its second flagship store at Summarecon Mall Bekasi 2 in Bekasi, West Java.

11 hours ago
companies

Airline stocks remain under pressure; Asian carriers see surge in demand, prices jump

Asian airline shares remained under pressure on Tuesday as the US and Israeli war against Iran escalated, with carriers closely monitoring fuel price spikes and many seeing a surge in bookings as passengers switch from Middle Eastern airlines.

13 hours ago
companies

Garuda Indonesia suspends flights from and to Doha

"Garuda Indonesia continues to actively coordinate with aviation authorities and relevant stakeholders to monitor the evolving situation," the company said in a statement Sunday.

2 days ago
companies

South Korea set to finally a get fully functioning Google Maps

The approval was made "on the condition that strict security requirements are met," the Ministry of Land, Infrastructure and Transport said in a statement.

4 days ago
companies

Paramount wins Warner Bros bidding war as Netflix walks away

Paramount Skydance emerged as the winner in a months-long battle to acquire Warner Bros Discovery, after streaming giant Netflix on Thursday refused to raise its bid for the storied Hollywood studio.

4 days ago
regulations

Trump warns countries that 'play games' with US trade deals will face higher tariffs

"Any Country that wants to 'play games' with the ridiculous supreme court decision, especially those that have 'Ripped Off' the USA for years, and even decades, will be met with a much higher Tariff, and worse, than that which they just recently agreed to," Trump wrote on social media.

1 week ago
regulations

Panama wrests control of canal ports from Hong Kong group

CK Hutchison objected Tuesday to the takeover, which it called "unlawful" and said raises "serious risks to the operations, health and safety" at terminals."

1 week ago
regulations

China tightens Japanese trade restrictions as spat worsens

The spat between Asia's top two economies was sparked by comments by Prime Minister Sanae Takaichi in November that Japan could intervene militarily in any attack on self-ruled Taiwan.

1 week ago
markets

Oil rises as expanding US-Israel war with Iran heightens supply risks

Brent crude futures LCOc1 were at $80.89 a barrel, up $3.15, or 4.1 percent, by 0745 GMT. On Monday, the contract surged to as high as $82.37, its highest since January 2025, though it pared those gains to settle 6.7 percent higher.

7 hours ago
markets

US dollar gains as Iran conflict fuels safe‑haven demand, higher oil

Investors are closely watching developments around shipping in the crucial Strait of Hormuz which was disrupted by retaliatory Iranian attacks.

1 day ago
markets

Crude soars, Asian stocks drop after US strikes on Iran

Analysts do not rule out the possibility of oil prices hitting US$100 a barrel, a level last seen at the start of the war in Ukraine.

1 day ago
markets

Oil jumps 10% on Iran conflict, could spike to $100 a barrel, analysts say

Brent crude jumped 10 percent to about US$80 a barrel over the counter on Sunday, oil traders said, while analysts predicted that prices could climb as high as $100 after US and Israeli strikes on Iran plunged the Middle East into a new war.

2 days ago
markets

Asia shares rise in relief rally as Nvidia beats the street

Asian stocks advanced on Thursday after upbeat earnings from Nvidia soothed concerns over AI-driven disruption and rising costs, while the yen was in the doldrums, bogged down by a murky rate outlook in Japan.

5 days ago
markets

Asia stocks try to steady after Wall St selloff dims mood

Asian stocks stabilized after a wobbly start on Tuesday as a fresh AI-linked selloff on Wall Street rattled investors, with sentiment also hurt by heightened anxiety over US President Donald Trump's tariff policy and geopolitical tensions.

1 week ago

Today's ePost

Tue, March 3, 2026

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