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Jakarta Post
Markets

Oil surges, stocks fall as Trump says to blockade Strait of Hormuz

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 ago
Markets

US oil benchmark jumps 8%, surpasses $100 after failed US-Iran talks

The 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 ago
Markets

Oil prices jump, stocks drop on Mideast ceasefire doubts

Oil 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 ago

The Latest

Markets premium

Change of guard: Indonesia's young art collectors look beyond money

The 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 ago
Markets premium

Govt to issue bonds for 3 million homes program, Sri Mulyani says

The 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 ago
Markets

Fed officials flag inflation risks but still see room for rate cuts in time

Federal 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 ago
Markets

Asian markets drop as Fed flags concern over Trump policies

Asian markets turned negative Thursday amid Federal Reserve concerns that US President Donald Trump's tariffs and immigration measures could reignite inflation.

1 year ago
Markets

Asian stocks stutter as Trump's tariff vows weigh

Asian 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 ago
Markets premium

Philippines’ planned nickel ore export ban raises concerns for RI smelters

Indonesia imported over 10.47 million tonnes of nickel ore last year. Some 97 percent was procured from the Philippines.

1 year ago
Markets

Tech rally helps Hong Kong lead Asian markets higher

Hong 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 ago
Markets

IDX Composite jumps 2.9% as banking stocks rally

The 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 ago
Markets

Yen jumps; Aussie, kiwi firm ahead of rate decisions

The 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 ago
Markets premium

Govt to import 200,000 tonnes of sugar ahead of Ramadan

The 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 ago
Markets premium

Indonesian investors flock to gold amid economic uncertainty

Global 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 ago
Markets

IDX Composite rises after US tariff delay

The IDX Composite closed 0.38 percent higher on Friday, rebounding after the previous day’s decline.

1 year ago
Markets

Asian stocks follow Wall St higher on tariff roadmap

Asian 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 ago
Markets premium

OJK to form gold council to support bullion business

Agusman explained that the council would have a similar function to the World Gold Council in London in facilitating demand for gold.

1 year ago
Markets

IDX Composite falls 1.4% in downward trend amid local, global tensions

In 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 ago
Markets

China to roll back clean power subsidies after boom

The 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 ago
Markets

IDX Composite plunges nearly 2% as foreign sell-offs persist

The IDX Composite index dropped by 1.93 percent on Friday, the biggest weekly decline since mid-2024.

1 year ago
Markets

Asia stocks tick up as traders eye US payrolls data; yen at 2-month high

Asian 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 ago
Markets

IDX Composite sinks to lowest level in over six months

The IDX Composite index dropped 2.12 percent on Thursday, reaching its lowest level since June.

1 year ago
Markets

Asia shares track Wall Street higher, Treasury yields languish near lows

Asia 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 ago
Markets premium

Fuel shortages hit Shell, BP stations because of shipping delays: Ministry

Customers 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 ago
Markets

IDX Composite rises after US delays new tariffs policy

The 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 ago
Markets premium

Coal phaseout by 2040 would be ‘economic suicide’, Hashim says

Indonesia 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 ago
Markets

IDX Composite slumps 1.11% after US raises import tariffs

The 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 ago
Markets

Stocks slump, dollar soars as Trump tariffs trigger trade war fears

Asian 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 ago
Markets

Dollar surges on Trump's tariffs, sending global FX to multi-year lows

The 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 ago
Markets premium

Govt tightens rules on palm oil firms’ mandatory land allocation for smallholders

New rules require firms to give 20 percent of their land to smallholders before the government extends their permits.

1 year ago
Markets premium

Pertamina debuts new low-sulfur product Diesel X

Pertamina has launched Diesel X, a low-sulfur vehicle fuel claimed to be relatively environmentally friendly and efficient.

1 year ago
Markets

Asia stocks ease; gold hits record as US tariff threat lingers

Asian 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 ago
Markets premium

Cassava farmers decrease output as imports bite farm prices

An 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.

1 year ago
Page: 12

Today's ePost

Tue, April 14, 2026

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