Asian 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.

The government plans to import 500,000 tonnes of corn to help control feed prices for livestock, according to a National Food Agency (Bapanas) statement on Wednesday.

Bond markets were stable through the Asia session, with benchmark 10-year Treasury yields at 4.65 percent - some 24 basis points below Friday's 16-year peak.

Banga said changes undergoing at the bank could boost its funding capacity to $150 billion over the next decade, though he warned it would still not be enough.

US stocks ended higher, with energy shares rising along with oil prices. The S&P 500 energy index ended up 3.5 percent.

The general trend in switching to LNG as a so-called bridge fuel is a cautionary tale, say experts, given the country's declining reserves and the fact that natural gas is still a fossil fuel, albeit with lower emissions.

After starting 2023 in vogue, on hopes of a rapid boost in Chinese sales and the post-pandemic US spending boom showing few signs of letting up, the Europe Luxury 10 has just posted its biggest quarterly slide since 2020.

The move appeared to quickly calm the market as the shekel recovered from steep early losses.

Risk sentiment was fragile after Israeli forces clashed with gunmen from the Palestinian group Hamas over the weekend, hours after the militants launched a surprise attack on Israel in the deadliest day of violence in the country for 50 years.

Rising geopolitical risk would see buying in assets like gold and the dollar, and boost demand for US Treasuries, which have been sold off aggressively, analysts said over the weekend.

Bank Indonesia (BI) revealed on Friday that Indonesian foreign exchange (forex) reserves dwindled for the third consecutive month in September, but the central bank said the reserve level remained “high”.

The dollar charged toward a 12-week winning streak on Friday, though it remained mostly rangebound as markets looked to US nonfarm payrolls data later in the day for clues on whether the Federal Reserve's hawkish messaging on rates will need tweaking.

ID Food plans to import the remaining 125,000 tonnes of the government's sugar quota this year in an effort to calm the retail price for the commodity, which recorded a 7.76 percent rise in early October.

Growth concerns weighed on crude oil and gold prices, and European equities edged lower for a third day as retailer shares fell on a consumer spending pullback.

Chinese investors have been scaling back their investments in the Indonesian property sector as the East Asian giant’s developers face a property market crisis at home.

The yen sat on the stronger side of 150 per dollar on Wednesday, after an unexpected surge in the previous session stoked speculation that Japanese authorities could have intervened to support the currency.

Asian shares slid on Tuesday to their lowest this year as worries over higher US interest rates for longer period gripped markets, while the yen wobbled near a one-year low, keeping traders on alert for a possible intervention.

Asian markets were mixed Monday after the US Congress passed a last-minute deal at the weekend to avoid a costly government shutdown.

Most markets followed Wall Street higher Friday as a drop in oil prices and US Treasury yields provided some much-needed respite from speculation the Federal Reserve will push interest rates even higher.

At their freshest and most flavorful during this time, apples and pears are the quintessential autumn fruits in South Korea, but there are a few other reasons why people are particularly sensitive to their prices.

Indonesia launched its first carbon exchange on Tuesday, giving companies a chance to offset their emissions as Jakarta pledges to reach carbon neutrality in its power sector by 2050.

Transforming empty office space into residential areas could help ease the housing backlog in Jakarta and its surroundings, according to Jakarta Property Institute (JPI), but implementing the idea will be a challenge given prevailing regulatory red tape and high costs.

Asian markets were mixed Monday as investors contemplated the possibility the Federal Reserve will hike interest rates again and keep them at three-decade highs as officials struggle to contain inflation.

The Japanese yen slipped on Friday after the Bank of Japan stuck to ultra-easy monetary policy and made no changes to its outlook, while stocks and bonds were kept under pressure as investors hunkered down for US interest rates to stay high.

Asian stocks sank Thursday and the dollar advanced after the Federal Reserve indicated it could hike interest rates again this year and keep them elevated longer than feared as it struggles to bring inflation to heel.

Asian stocks struggled for headway on Wednesday while 10-year US Treasury yields stood at 16-year highs as surging oil prices drive inflation and set the scene for the Federal Reserve to project interest rates staying higher for longer.

Benchmark US Treasury yields hovered near 16-year peaks and the dollar held close to six-month highs as traders braced for a Federal Reserve rate decision on Wednesday, in a week that also sees policy decisions from the Bank of Japan and Bank of England, among others.

Indonesia may see its nickel reserve depleted in less than two decades following high annual production amid increase demand from smelting facilities, a senior minister has said.

Asian shares fell and the dollar was firm on Monday as investors looked ahead to a week packed with central bank meetings including the Federal Reserve and the Bank of Japan, which will be closely scrutinized for the global monetary policy outlook.

Natural disasters are now happening so frequently that reinsurers -- the firms that sell insurance to insurance companies -- are scaling back their exposure to such risks.