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View all search resultsA global shift in coal markets, along with ongoing geopolitical tensions, have left local miners scrambling to realign their strategy to offset shrinking export opportunities by shifting their focus to domestic sales and making inroads into smelting.
1 day agoAsia shares hit their highest level in more than three years on Friday as they tracked a Wall Street rally, though the dollar struggled on concerns about the Federal Reserve's independence and expectations for early rate cuts. ...
3 days agoTesla's new car sales in Europe fell 27.9 percent in May from a year earlier even as fully-electric vehicle sales in the region jumped 27.2 percent, with the US EV maker's revised Model Y yet to show signs of reviving the brand's fortunes. ...
5 days agoGlobal shares rallied and the dollar extended declines on Tuesday after US President Donald Trump said Iran and Israel had agreed to a ceasefire, sending oil prices into a deep dive as concerns over supply disruptions ebbed.
6 days agoShares slipped in Asia on Monday and oil prices briefly hit five-month highs as investors anxiously waited to see if Iran would retaliate against US attacks on its nuclear sites, with resulting risks to global activity and inflation.
1 week agoA US attack on Iranian nuclear sites on Saturday could lead to a knee-jerk reaction in global markets when they reopen, sending oil prices higher and triggering a rush to safety, investors said, as they assessed how the latest escalation of tensions would ripple through the global economy.
1 week agoOil prices retreated Friday while US and European stock markets gained ground as concerns over a war escalation in Iran eased.
1 week agoThe Bank of Japan kept interest rates unchanged Tuesday and said it would taper its purchase of government bonds at a slower pace amid concerns about the effect of trade uncertainty on the world's number four economy.
1 week agoOil prices rallied Tuesday after Donald Trump urged Tehran residents to evacuate, stoking fresh fears of all-out war as Israel and Iran continued to pound each other with missiles.
1 week agoThe fall in new purchases highlighted the sector’s vulnerability to policy shifts as producers and consumers remain in wait-and-see mode over future incentives.
2 weeks 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.
2 weeks 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 weeks 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.
2 weeks agoAutomakers are hoping for an uptick in sales from the upcoming GIIAS as both factory shipments and retail sales remained weak in May, declining by double digits year-on-year as slowing economic growth continued to weigh on demand.
2 weeks agoReal Estate Indonesia (REI) has suggested that the government address structural issues plaguing high-rise living instead, ranging from unrealistic pricing benchmarks to frequent conflicts in poorly managed apartment communities.
2 weeks 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".
2 weeks agoThe recent export levy hike on crude palm oil (CPO) and its derivatives may tighten supplies of subsidized cooking oil brand Minyakita.
3 weeks agoStocks rallied Monday on hopes that a fresh round of China-US trade talks later in the day will ease tensions between the economic superpowers, while investors were also cheered by forecast-topping US jobs data.
3 weeks agoUS President Donald Trump said on Friday that Chinese President Xi Jinping agreed to let rare earth minerals and magnets flow to the United States, a move that could lower tensions between the world's biggest economies.
3 weeks agoThe bromance-turned-to-brawl between US President Donald Trump and billionaire Elon Musk sparked a 14 percent drop in Tesla shares overnight, wiping out US$150 billion in market value.
3 weeks agoJakarta edged higher as the government began rolling out a $1.5 billion stimulus package after Southeast Asia's biggest economy saw its slowest growth in more than three years in the first quarter.
3 weeks agoAsian stocks rallied Tuesday as investors kept tabs on developments in the China-US trade war amid speculation the countries' leaders will hold talks soon.
3 weeks agoIndonesian coal exports dropped 6.43 percent to 160 million tonnes in the January-April period of 2025, driven by weaker demand from China and India.
1 month agoWorld stocks were heading for their best month since late 2023 on Friday and the dollar was flirting with its first monthly rise of the year, while traders waited for key inflation data and assessed the latest in Washington's to and fro on tariffs.
1 month agoAsian shares continued a rally from Wall Street and the dollar held gains on Wednesday on promising economic signs in the United States and speculation of strong tech earnings.
1 month agoEquities meandered Tuesday as investors awaited the latest developments on Donald Trump's trade war, while the yen rallied after the head of Japan's central bank flagged more interest rate hikes if the economy improved.
1 month agoThe euro fell on Friday, reversing earlier gains after US President Donald Trump said he would recommend hitting the European Union with 50 percent tariffs from June 1, reigniting investor fears over the impact of duties on the world economy and trade.
1 month agoAsian shares made some tentative gains on Friday as beaten-down Treasuries found buyers after US President Donald Trump's tax bill narrowly passed the lower house, although debt worries still lingered.
1 month agoJapanese car brands contributed to almost 90 percent of wholesale in Indonesia throughout 2024 and a large part of those sales are fueled with gasoline, which can be mixed with bioethanol.
1 month agoCrude prices surged Wednesday following a report that US intelligence suggested Israel was planning a strike on Iranian nuclear facilities, which would send geopolitical tensions into overdrive and fuel regional conflict fears.
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