The European Commission said on Saturday that Europe was prepared to retaliate against President Donald Trump’s plan to double tariffs on imported steel and aluminum, raising the prospect of an escalating trade fight between two of the world's largest economic powers.

China's manufacturing activity shrank in May for the second month running, official data showed Saturday, despite Beijing reaching a temporary ceasefire in a blistering trade war with the United States.

US President Donald Trump said Friday that he would double steel and aluminum import tariffs to 50 percent from next week, the latest salvo in his trade wars aimed at protecting domestic industries.

Turning to cheaper products is one way for shoppers to deal with reduced spending power, but economists warn that a downtrading trend could further undermine economic growth.

The US Federal Reserve's preferred inflation measure cooled more than expected last month, according to government data published Friday, as President Donald Trump's "liberation day" tariffs on most countries came into effect.

The safety of Germany's gold reserves held overseas and in New York in particular, until recently mainly a talking point for the country's far-right party and gold bugs, is becoming a matter of public debate with Donald Trump back in the White House.

A federal appeals court temporarily reinstated the most sweeping of President Donald Trump's tariffs on Thursday, a day after a US trade court ruled that Trump had exceeded his authority in imposing the duties and ordered an immediate block on them.

The government has pushed back against reports that Bridgewater Associates founder Ray Dalio has backed out of an advisory role at Indonesia’s state asset fund Danantara and said it remained in contact with the United States hedge fund titan’s team.

A US federal court on Wednesday blocked most of Donald Trump's sweeping import tariffs from going into effect, ruling that the president had overstepped his authority with the across-the-board global levies.

Luhut highlighted the natural incense from North Sumatra, which is considered among the best in the world, exported to multiple countries in Asia and Europe.   

The 10 ASEAN member states pledge to stay united but flexible as the regional bloc looks for new partners and ways to tackle trade headwinds caused by the United States’ threat of sweeping import tariffs.  

China's Belt and Road Initiative lending spree of the 2010s has paid for shipping ports, railways, roads and more from the deserts of Africa to the tropical South Pacific. 

Transitioning from coal to other energy sources remains a major hurdle for Indonesia’s nickel industry, which is under growing global pressure to clean up its operations, says nickel association.

Japan's net external assets as of the end of last year stood at 533.05 trillion yen ($3.7 trillion), up 12.9 percent from a year earlier, according to data released by the finance ministry.

Most hotels in Jakarta have reported declining occupancy rates since the government cut spending on official trips and conferences, while operating costs keep climbing, forcing some to reduce headcount to scrape by.

The government has announced a new stimulus package to support consumer spending in the second quarter and lift GDP growth to 5 percent after a disappointing first quarter.

President Prabowo Subianto praised several major joint projects between Indonesia and China while urging Chinese companies to deepen their involvement in Indonesia’s economy, creating jobs and transferring technology.

US President Donald Trump said on Sunday his tariff policy was aimed at promoting the domestic manufacturing of tanks and technology products, not sneakers and T-shirts.

German Finance Minister Lars Klingbeil on Sunday urged "serious negotiations" with the United States after President Donald Trump threatened to bring in 50-percent tariffs on imports from the European Union.

The government plans to announce economic stimulus measures on June 5 to revive activity and boost consumer purchasing power, hoping to push economic growth to around 5 percent this quarter, the Office of the Coordinating Economic Minister said on Saturday.

Major cinema chains tend to prioritize well-performing titles, often at the expense of smaller, independent productions that struggle to attract viewers.

The appointment occurred as the government saw state revenue collection decline by 12 percent year-on-year (yoy) to Rp 810.5 trillion (US$49.62 billion) in first four months of this year from Rp 924.92 trillion in same period last year.

Kilang Pertamina Internasional (KPI), the refinery and petrochemical arm of state-owned oil and gas company Pertamina, has denied reports that Russian oil products are being transshipped at Indonesia’s Karimun terminal in the Riau Islands.

Twelve US states will ask a federal court on Wednesday to halt President Donald Trump's "Liberation Day" tariffs, arguing that he overstepped his authority by declaring a national emergency to impose across-the-board taxes on imports from nations that sell more to the US than they buy.

The government has reaffirmed its aim to reach 8 percent gross domestic product (GDP) growth by the end of President Prabowo Subianto’s term in office, a target economists view with skepticism.

Gig drivers gathered on Tuesday and threatened a 24-hour strike to demand a "fairer" commission scheme and stronger enforcement against noncompliant on-demand companies.

China's central bank on Tuesday cut two key interest rates to historic lows, as Beijing battles to stimulate its economy amid seesaw trade tensions with the United States.

Bank Mandiri projects that Indonesia’s gross domestic product growth will grow to 4.93 percent year-on-year (yoy) this year, while Bank Permata forecasts 4.78 percent. Both mark a slower pace from 5.02 percent last year.

Factory output in China grew at a faster rate than expected last month, official data showed Monday, weathering a brutal trade war with Washington.

Industry leaders have urged authorities to boost consumer spending aggressively in response to what they describe as a demand-side crisis reminiscent of the COVID-19 era, but officials say current policies are sufficient to maintain economic activity in the country.