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The EU has confirmed that Indonesia will leave the GSP from Jan. 1, 2027, after being classified as an upper-middle-income country for three consecutive years.
51 minutes agoAccording to the coordinating economy minister, Indonesia's Russian crude deal in April will not be subject to the new tariff, as it was agreed during a window when it was allowed.
2 hours agoArtificial Intelligence is a tool to help people understand health more deeply, recognize risks earlier, and take more appropriate action, while clinical responsibility remains with physicians and healthcare professionals.
4 hours agoEconomic growth has remained "resilient" in many countries despite the war in the Middle East, the OECD said Wednesday as it slightly raised its GDP forecasts for the year.
5 hours agoS&P Global Ratings has cautioned about earnings and concentration risks at state lenders amid rising exposure to state-owned enterprises (SOEs) and the government’s economic programs, which has expanded their loan growth at twice the industry rate.
17 hours agoBank Indonesia (BI) has kept its benchmark interest rate unchanged despite high global energy prices and a recent hike by the United States Federal Reserve (Fed), while relying on hedging to protect the rupiah.
22 hours agoThe restrictions have disrupted production with some business players reducing smelting activity, shutting production lines and furloughing workers.
23 hours agoThe dollar rose to its strongest level in two months on Wednesday on prospects of interest rate hikes in the near term, although easing oil prices could alter the global inflation and monetary policy outlook.
1 day agoArtificial Intelligence is a tool to help people understand health more deeply, recognize risks earlier, and take more appropriate action, while clinical responsibility remains with physicians and healthcare professionals.
4 hours agoAustralian Prime Minister Anthony Albanese said the proposed measure was not intended to grant governments greater authority, but rather to restore individuals' control over their content choices.
1 day agoAlibaba Group plans to train a new artificial intelligence model with between 5 trillion and 10 trillion parameters, chief executive Eddie Wu said on Tuesday, as the Chinese technology giant outlined a sweeping strategy encompassing AI models, chips and data centers.
2 days agoThe meeting covered plans to "operationalize" a process agreed in May for each side to identify potential tariff cuts on non-strategic goods, called the "Board of Trade."
3 days agoChina has been cracking down on monopolistic behavior, ​most recently fining Trip.com 5.2 billion yuan (US$776.41 million) over what ​the regulator said was its online hotel-booking monopoly.
4 days agoDuring a standard testing evaluation, Gemini found public information online and guessed credentials to access three websites it thought were within the scope of its test.
5 days agoIndonesia's next digital leap, rather than helping democratize access, must lead toward democratizing capability: using AI to generate value.
1 week agoEconomic growth has remained "resilient" in many countries despite the war in the Middle East, the OECD said Wednesday as it slightly raised its GDP forecasts for the year.
5 hours agoGlobal interest rates are also likely to remain relatively high, as the Federal Reserve raised the Fed Funds Rate (FFR) by 25 basis points to 3.75 percent-4 percent at its September 2026 meeting.
2 days agoSpeaking at a media briefing, Fernandes said AirAsia was adept at managing cash and expected to raise more than $1 billion, mostly to refinance existing debt, by December or January.
5 days agoDiscussions between the government and Malaysia Airlines and Batik Air have increased in recent weeks, the people said, amid growing concerns over financial pressures faced by AirAsia.
1 week agoThe dollar rose to its strongest level in two months on Wednesday on prospects of interest rate hikes in the near term, although easing oil prices could alter the global inflation and monetary policy outlook.
1 day agoStock markets climbed on Tuesday as the success of Meta's new AI agent and US-China talks on artificial intelligence fanned a tech-led rally.
2 days agoThe US dollar hit a seven-week high against its major peers, underpinned by a jump in short-term Treasury yields as markets ramped up wagers that the Fed may have to lift rates again, with a move by December fully priced in.
1 week agoStocks made tentative gains at the start of the Asian trading session on Wednesday as a rise in global bond yields and oil prices paused ahead of the Federal Reserve's policy decision due later in the day.
1 week agoThe dollar inched up to trade near a two-week high on Tuesday as surging oil prices lifted Treasury yields and reinforced expectations that the Federal Reserve will raise interest rates this week.
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