Stocks 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.
4 hours 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. ...
2 days 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 days agoFrom September 2022 to September 2023, the number of crypto investors grew by some 1.64 million, a 10.1 percent increase, Bappebti said on Thursday.
1 year agoAsian shares tracked Wall Street futures higher on Friday as Amazon provided some welcome earnings relief, while bonds were able to sustain a rally amid signs US inflation was easing.
1 year agoThe Indonesia Stock Exchange (IDX) Composite index experienced a 1.75 percent decline on Thursday, closing at 6,714.51 with 18.55 billion shares traded.
1 year agoWorld stock markets dived Thursday on mounting global worries and with investors on tenterhooks before a European Central Bank interest rate decision and key US data.
1 year agoThe Indonesian Composite Index (IHSG) concluded Wednesday's stock trading session on a positive note, closing at 6,834.388, adding 0.41 percent or 27,626 points.
1 year agoThe IHSG closed higher on Tuesday, after initial projections that the stock index would fluctuate as the market went into a “wait and see” mode.
1 year agoChinese stocks rose in early trade on Wednesday after the country's top parliamentary body approved an additional 1 trillion yuan ($137 billion) sovereign bond issue to support the economy.
1 year agoStart-ups looking to go public need to show a quick path to profitability and lower their expectations for valuation to attract investor interest, analysts say.
1 year agoWith a 1.57 percent IDX Composite decline on Monday, foreign investors sold Rp 592.81 billion (US$37.81 million) worth of stocks.
1 year agoThe government hopes to boost the property market by covering VAT and administration fees for low-income home buyers.
1 year agoThe dollar softened against a basket of currencies on Tuesday, mirroring a dip in Treasuries yields as investors awaited key US economic data before the Federal Reserve's monetary policy meeting next week.
1 year agoEuro zone government yields rose sharply on Monday as a sell-off in global bond markets resumed, taking the yield on the global-benchmark 10-year US Treasury note to a 16-year high above 5 percent.
1 year agoAsian shares slipped on Monday as the risk of a wider conflict in the Middle East clouded sentiment in a week laden with data on US growth and inflation as well as earnings from some of the world's largest tech companies.
1 year agoIndonesian tire businesses are struggling to maintain their performance amid a persistently weak rupiah and a surge in energy prices partly resulting from conflict in the Middle East.
1 year agoAsian markets fell and oil prices extended gains Friday on worries that an expected ground invasion of Gaza by Israel will spark a wider conflict in the Middle East.
1 year agoWith little change in a weak office space segment, modern warehouses, industrial properties and residential plots were the most sought-after real estate assets in the third quarter.
1 year agoAsian markets tumbled Thursday on fears the Israel-Hamas crisis would spill over into a wider conflict in the Middle East, with some warning that a full-blown war was increasingly likely.
1 year agoOPEC is not planning to hold an extraordinary meeting or take any immediate action after Iran's foreign minister called on members of the Organization of Islamic Cooperation (OIC) to impose an oil embargo and other sanctions on Israel, four sources from the producer group told Reuters.
1 year agoDomestic sugar prices have remained high in recent months as importers hold back from procuring the commodity due to high international prices, the National Food Agency (Bapanas) said on Monday.
1 year agoAsian equities retreated and oil prices rallied Wednesday on fears that the Israel-Hamas conflict could spill over into a regional war after a strike on a Gaza hospital dealt a blow to President Joe Biden's diplomatic drive.
1 year agoSales of smartphones continued to shrink globally in the recently-ended quarter as consumers watched spending, market tracker Counterpoint reported on Monday.
1 year agoThe US dollar started Tuesday on the back foot as investors took stock of developments in the Middle East and braced for a slew of speeches by central bank officials this week headlined by Fed Chair Powell to gauge the monetary policy outlook.
1 year agoIndonesian rice production is projected to drop by 650,000 tonnes this year, according to official estimates provided by Statistics Indonesia (BPS).
1 year agoThe arrival of new shippers working outside the purview of Western governments allows Russian firms to earn more than the $60 per barrel cap that the US and its allies had aimed to impose on Russia through sanctions.
1 year agoThe regulator aims for activity on the new platform to begin later this month and a reference price to be set in the first quarter of 2024.
1 year agoBulog confirmed on Thursday that it had been tasked with importing another 2 million tonnes of rice in 2024 to secure the country's rice reserves.
1 year agoGlobal shares slipped on Friday while assets considered to be safer havens such as gold and US Treasuries rose as traders retreated from market risk as conflict in the Middle East intensified.
1 year agoThere has been a significant increase in the sale of electric vehicles (EVs) in the past months following a flurry of government incentives, the Industry Ministry says, but most of the purchases were made by people who already owned internal combustion engine cars rather than by first-time buyers.
1 year agoOn Friday, the yield on the 10-year US Treasury note climbed to 4.88 percent for the first time since 2007, while the 30-year offering reached 5.05 percent, also a 16-year peak.
1 year agoAsian shares also rose, as markets wagered that US rates have peaked after more dovish remarks from Federal Reserve officials, while traders awaited the US consumer inflation report later in the day for further monetary policy clues.
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