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Tech companies led a sharp sell-off across Asia on Wednesday as investors grow increasingly worried about an AI bubble following a rally this year that has seen valuations hit record highs.
17 hours agoThe eight key members of the OPEC+ alliance, including Saudi Arabia and Russia, on Sunday said they had agreed a further slight hike to their oil production. ...
2 days agoAn official with the Cs-137 task force says the country is ready meet a request from a US spice association to resume clove exports to meet local holiday demand amid the FDA's elevated import requirements for Indonesian spices and shrimp. ...
6 days agoAsian traders shifted tentatively Tuesday as they battled to track another record on Wall Street owing to fresh China-US worries, while the euro extended losses on concerns of political and economic upheaval in France.
11 months agoThe IDX Composite (IHSG) dropped by 0.95 percent on Monday. Investors remained cautious because of US trade threats and local concerns over the VAT increase.
11 months agoIndonesia’s rice output is estimated to reach 32 million tonnes in 2025, according to Coordinating Food Minister Zulkifli Hasan.
11 months agoThe loonie and peso remained weak following sharp drops to multi-year lows on Tuesday, while the yuan edged back towards the previous session's four-month trough.
11 months agoAsian markets fell and the dollar rallied Tuesday after Donald Trump warned he would impose huge new tariffs on China, Mexico and Canada on his first day in office, dealing a blow to hopes of a more moderate approach to trade policy.
11 months agoThe economic potential from foreign tourists during the Christmas and New Year holidays is estimated to reach Rp 29 trillion (US$1.83 billion), highlighting the anticipated impact of tourist activities on Indonesia's economy during the festive season.
11 months agoThe Indonesia Stock Exchange (IDX) Composite index began the week strong, adding 1.65 percent or 118.54 points to sit at 7,314.11 by the end of the closing bell on Monday.
11 months agoThe victory of Donald Trump in the United States presidential election earlier this month, which is seen to usher in a pro-crypto administration in the US, has reignited the global crypto market and boosted optimism among Indonesian investors as well.
11 months agoThe IDX Composite rose 0.77 percent on Friday to close at 7,195.56, supported by positive domestic data and global market trends.
11 months agoThe Indonesia Stock Exchange (IDX) Composite index ended in the red on Thursday, posting a 0.55 percent decline to 7,140.91, despite positive movement earlier in the day.
11 months agoBitcoin's march toward US$100,000 made further ground on Thursday as investors bet a friendlier US regulatory approach to cryptocurrencies under president-elect Donald Trump will unleash a boom era for the asset class.
11 months agoThe central bank has decided to maintain the BI-Rate at 6 percent in anticipation of the potential adverse impacts on Indonesia's economy and currency from the policies of the incoming administration of US president-elect Donald Trump.
11 months agoThe IDX Composite index rebounded 0.86 percent on Tuesday, fueled by a boost in tech stocks and China's stimulus package.
11 months agoEurope's main stock index fell to a three-month low on Tuesday, as heightened geopolitical tensions following Russia's warning on its updated nuclear doctrine prompted investors to shift from risk assets to safe havens.
11 months agoThe government apparently sees no problem with local miners importing nickel ore for further processing at their smelters, with the APNI warning that the current expansion in smelters could quickly deplete domestic reserves.
11 months agoThe IDX Composite declined for the fourth consecutive trading day on Monday, falling by 0.38 percent to 7,134.28 amid significant capital outflows.
11 months agoAsian markets were mixed Monday following a sell-off on Wall Street as investors scale back their bets on Federal Reserve interest rate cuts owing to worries Donald Trump could reignite inflation.
11 months agoThe IDX Composite index fell by 0.74 percent to 7,161.25 on Friday, weighed down by global Fed rate concerns and domestic value added tax (VAT) hike fears.
11 months agoThe government has held discussions with airlines on cost structure, but Deputy Transportation Minister Suntana cannot provide the exact fare reduction amount, saying it was still being calculated.
11 months agoDespite strong performance in exports, trade surplus narrowed to a three-month low of $2.47 billion in October.
11 months agoThe IDX Composite index dropped 1.29 percent to 7,214.56 on Thursday, with the tech sector as the only gainer.
11 months agoAsian markets fell again Wednesday as traders fret over the impact of Donald Trump's presidency on the Chinese and global economies, with fears that his policies could also reignite US inflation.
11 months agoOn the sidelines of COP29 in Azerbaijan, special presidential envoy Hashim said the President was committed to generating an additional 100 GW of electricity in the next 15 years, 75 percent of which would come from renewable energy sources, including nuclear, as part of a wider net-zero strategy that involves CCS and forest rehabilitation.
11 months agoThe US dollar traded close to a four-month peak versus major peers on Tuesday, while bitcoin extended its record rally as investors continued to pile into trades seen as benefiting from the incoming Donald Trump administration.
11 months agoAfter a volatile start and a midday rebound on Monday, the IDX Composite closed down 0.28 percent amid foreign capital outflows and US policy concerns.
11 months agoThe protest took place amid the government’s plan to increase milk consumption in the country, including through the flagship free nutritious meal program promised by President Prabowo Subianto during his campaign for the February election.
11 months agoWall Street shares mostly rose but global stock markets fell on Friday following rallies this week as investors weighed the impact of Donald Trump's presidential election win and efforts to prop up China's economy.
11 months agoAsian equities extended gains Friday, tracking another Wall Street record after the Federal Reserve cut interest rates and on the prospect of market-friendly policies from a Trump administration.
11 months agoPilarmas Investindo Sekuritas noted that the IDX Composite closing 1.90 percent down on Thursday at 7,243.86 was due to negative market perception following Trump's reelection on Tuesday.
11 months agoAsian equities fluctuated Thursday, while the dollar held gains and bitcoin hit a fresh record as markets try to ascertain the consequences of a second Donald Trump presidency after he pledged to cut taxes and ramp up tariffs with an eye on China.
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