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Oil prices surged and stocks sank Monday after US-Iran peace talks fell apart and Donald Trump announced a blockade of the strategic Strait of Hormuz, adding to fears for energy supplies from the Middle East.
11 hours agoThe US oil benchmark rebounded above $100 a barrel on Monday after peace talks between the United States and Iran failed to make a breakthrough, and with US President Donald Trump ordering a blockade of Iranian ports. ...
16 hours agoOil prices jumped and most stock markets fell Thursday on investor concerns over the Middle East ceasefire holding and as the key Strait of Hormuz remained largely blocked to traffic. ...
4 days agoThe country’s burgeoning art market is giving rise to a younger generation of collectors who are not only motivated by investment returns but also by a desire to express personal tastes.
1 year agoThe Finance Ministry has announced a new housing bond to help finance the government's 3 million affordable homes program as a "modification" of the FLPP mortgage facility launched in 2021.
1 year agoFederal Reserve officials are taking note of what they see as rising inflation risks and the uncertain impact of President Donald Trump's trade, immigration and other policies.
1 year agoAsian markets turned negative Thursday amid Federal Reserve concerns that US President Donald Trump's tariffs and immigration measures could reignite inflation.
1 year agoAsian stocks wavered on Wednesday after the S&P 500 and European shares ended at record highs, in the face of US President Donald Trump's latest tariff threats on auto, semiconductor and pharmaceutical imports.
1 year agoIndonesia imported over 10.47 million tonnes of nickel ore last year. Some 97 percent was procured from the Philippines.
1 year agoHong Kong resumed its tech-led rally on a healthy day for Asian markets Tuesday as a meeting between President Xi Jinping and China's top business leaders fanned hopes that a years-long crackdown on the private sector is coming to an end.
1 year agoThe IDX Composite surged 2.9 percent on Monday, driven by gains in banking stocks as investors anticipated dividend announcements from state-owned banks.
1 year agoThe yen rose on Monday in a boost from upbeat Japanese GDP data, while the Australian and New Zealand dollars held broadly steady ahead of policy decisions later in the week.
1 year agoThe National Food Agency (Bapanas) plans to import 200,000 tonnes of raw sugar to safeguard government stocks and prevent excessive price fluctuations ahead of Ramadan.
1 year agoGlobal prices soared to an all-time high this week as many investors turn to the precious metal as a safe haven asset amid geopolitical and global economic uncertainty.
1 year agoThe IDX Composite closed 0.38 percent higher on Friday, rebounding after the previous day’s decline.
1 year agoAsian stocks tracked Wall Street higher on Friday, while the dollar eased as investors contended with US President Donald Trump's reciprocal tariffs that were not immediately imposed as well as US data allaying investor worries on inflation.
1 year agoAgusman explained that the council would have a similar function to the World Gold Council in London in facilitating demand for gold.
1 year agoIn addition to growing worries over a global trade war, analysts say negative sentiment over Prabowo's sweeping budget cut policy contributed to the IDX Composite’s 1.4 percent decline on Monday.
1 year agoThe surge in renewable energy installations meant China hit its 2030 target six years ahead of schedule, underscoring the speed of its clean energy rollout.
1 year agoThe IDX Composite index dropped by 1.93 percent on Friday, the biggest weekly decline since mid-2024.
1 year agoAsian stocks inched up on Friday ahead of key US payrolls data as investors considered prospects that a broader trade war could be averted, while the yen hit its highest in nearly two months on rising odds of more rate hikes in Japan this year.
1 year agoThe IDX Composite index dropped 2.12 percent on Thursday, reaching its lowest level since June.
1 year agoAsia shares rose on Thursday, tracking gains on Wall Street following a see-saw session, while US Treasury yields came under pressure after mixed economic data.
1 year agoCustomers have flooded social media to express frustration over fuel shortages at Shell filling stations, sharing photos and videos of empty pumps and “closed” signs.
1 year agoThe IDX Composite rose by 0.62 percent on Tuesday after reports of the US postponing import tariffs for Canada and Mexico for one month.
1 year agoIndonesia will not be able to shut down all coal and other fossil-fuel power stations within 15 years, says special presidential envoy Hashim Djojohadikusumo, walking back a statement made by President Prabowo Subianto at last year’s G20 summit.
1 year agoThe IDX Composite closed lower on Monday, falling by 1.11 percent after United States President Donald Trump announced an increase in import tariffs on Canada, Mexico and China.
1 year agoAsian stock markets slumped on Monday and European and US equity futures pointed sharply lower after President Donald Trump's tariffs on Canada, Mexico and China triggered fears of a broad trade war and a hit to global growth.
1 year agoThe dollar surged on Monday, pushing its Canadian counterpart and Mexican peso to multi-year lows while China's yuan slumped to a record low in offshore trading after US President Donald Trump kicked off a trade war by imposing sweeping tariffs.
1 year agoNew rules require firms to give 20 percent of their land to smallholders before the government extends their permits.
1 year agoPertamina has launched Diesel X, a low-sulfur vehicle fuel claimed to be relatively environmentally friendly and efficient.
1 year agoAsian shares wavered on Friday, weighed down by the return of tech-heavy South Korean stocks from holidays, but relatively strong earnings from US tech giants kept risk sentiment intact while tariff threats pushed the dollar and gold prices higher.
1 year agoAn increase in imported cassava and tapioca has contributed to a fall in prices and a corresponding decline in domestic production of the root vegetable for at least 15 years, most noticeably in Lampung, a growing issue that the government is yet to tackle.
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