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Asian markets rose Thursday to claw back some of the previous day's hefty losses as investors tracked a bounce on Wall Street sparked by jobs data that soothed worries about the US economy.
8 hours agoTech 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. ...
1 day 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. ...
3 days agoAsian markets edged down Tuesday as investors jockey ahead of a slew of central bank decisions, key economic data and earnings from tech titans this week.
1 year agoAsian markets rallied Monday, tracking a surge on Wall Street after data showing US inflation slowed further in June stoked hopes the Federal Reserve will cut interest rates.
1 year agoThe Batang integrated industrial park already hosts nearly 20 companies in 10 percent of its total area of 4,300 hectares, including South Korea's LG Energy Solution and glass maker KCC Glass.
1 year agoAsian markets tumbled Thursday after a tech-fueled sell-off saw Wall Street tank, as disappointing earnings caused traders to panic that a months-long rally in the sector may have been overdone.
1 year agoGovernment officials say no decision has been made to buy Russian oil but have not ruled out such purchases in the future.
1 year agoAircraft orders unveiled at Farnborough Airshow this week focused chiefly on the wide-body market, reflecting the desire of airlines to meet a revival in long-haul demand despite production woes.
1 year agoThe IDX Composite Index closed in the red on Tuesday, dropping 0.11 percent to 7,313.85 amid major bank stock declines. The day's trading volume was low, with Rp 8.31 trillion in transactions and mixed sectoral performance.
1 year agoAsian shares slid anew on Monday, getting little lift from a surprise rate cut by China's central bank, while Wall Street futures firmed in the wake of President Joe Biden's decision to bow out of the election race.
1 year agoExpectations for the IDX Composite dimmed amid concerns over the incoming government’s policy and uncertainty about the central bank’s interest rate cut.
1 year agoThe market has shown little to no reaction to the appointment of three new deputy ministers under President Joko “Jokowi” Widodo, two of which have close ties with president-elect Prabowo Subianto, as global circumstances play a more commanding role for traders.
1 year agoAsian shares are set to end the week on a sour note, as uncertainty across the geopolitical landscape and in major economies added to headwinds for investors even as the global rate easing cycle gets under way.
1 year agoAsian markets sank with Wall Street on Thursday after a warning from the White House that it would target firms supplying China with key semiconductor technology, and Donald Trump's comments on crucial chip supplier Taiwan.
1 year agoThe price of gold soared Tuesday to a record peak, propelled by trader expectations of falling US interest rates in September as inflation cools.
1 year agoMore and more Jakartans were opting to rent houses in the first quarter of the year amid high home prices, interest rates and inflation, according to several leading property consultancies.
1 year agoAsian markets fluctuated Tuesday as rising expectations that Donald Trump will return to the White House played up against fresh hopes that the Federal Reserve will cut interest rates at least once this year.
1 year agoShares of Wisesoft Co, whose Mandarin name "Chuan Da Zhi Sheng" sounds like "Trump wins big", rose by the maximum daily 10 percent limit in trading on the Shenzhen Stock Exchange.
1 year agoThe dollar rose broadly on Monday and cryptocurrencies jumped as trades for a victory by Donald Trump in the upcoming US elections gathered steam in the wake of an attempted assassination of the former US President.
1 year agoA surge in the yen triggered speculation among analysts on Friday that Japanese authorities may have again intervened in forex markets to prop up the ailing currency.
1 year agoThe government is set to introduce orange bonds, which specifically addresses SDG 5 on gender equality, in coordination with IIX, with the private sector slated to lead the issuance of the latest thematic bond in Indonesia.
1 year agoThe Energy and Mineral Resources Ministry is mulling over a plan to again allow bauxite ore exports following a call from the House of Representatives to repeal a ban on shipments as part of a larger effort to improve the economic development of bauxite-mining regions.
1 year agoAsian markets diverged Wednesday after fresh records on Wall Street and remarks by the Fed chief that hinted the US central bank would cut interest rates later this year, without offering a clear timeframe.
1 year agoAsian markets rose Tuesday following gains in US stocks and ahead of Fed chief Jerome Powell's testimony to Congress which will be closely watched for any hints on the timing of rate cuts.
1 year agoThe euro slipped in Asian trade on Monday after snap French elections in which a hung parliament appeared the likeliest outcome, as markets in the region searched for direction after Wall Street closed the previous week on a strong note.
1 year agoBrokerages warn the scheme could make the IDX Composite index more volatile and potentially push valuations down if regulators do not carefully select which stocks may be short-sold.
1 year agoAsian equities rose and the dollar slipped further on Thursday as investors welcomed more data pointing to a softening labor market that gives the Federal Reserve room to cut interest rates, with another key jobs report due later in the day.
1 year agoAsian stocks rose Wednesday following fresh records on Wall Street after Federal Reserve chief Jerome Powell fanned hopes of an interest rate cut by saying the battle against inflation had made "progress" and the job market was cooling.
1 year agoThe euro rose on Monday after the first round of France's snap election put the far-right in pole position, though by a smaller margin than projected, while a downgrade to Japan's first-quarter growth figures knocked the yen lower.
1 year agoThe MSCI world stock index hit a record high while the US dollar index inched lower on Friday after data showed that US inflation was flat in May, fueling investor optimism the Federal Reserve could begin cutting interest rates in September.
1 year agoWhile the election is four months away, investors anticipate a Trump presidency would mean lower corporate taxes, tougher trade relations and therefore higher stock prices and bond yields.
1 year agoThe yen extended losses to a fresh 38-year low Friday, putting investors on guard for a possible intervention by Japanese authorities ahead of the release of key US inflation data later in the day.
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