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View all search resultsThe country’s most-watched stock market index closed the day down 0.41 percent after briefly hitting an intraday all-time high of 8.017 points.
1 day agoStocks in Asia made an uneven recovery as higher-than-expected producer price inflation dampened expectations of a jumbo rate cut at the Federal Reserve's September meeting, while US bonds and equity futures stabilized. ...
2 days agoThe US dollar languished at multiweek lows versus major peers on Thursday as traders ramped up bets for the Federal Reserve to resume reducing interest rates next month. ...
3 days agoRising 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.
1 year agoBank 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”.
1 year agoThe 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.
1 year agoID 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.
1 year agoGrowth 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.
1 year agoChinese 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.
1 year agoThe 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.
1 year agoAsian 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.
1 year agoAsian markets were mixed Monday after the US Congress passed a last-minute deal at the weekend to avoid a costly government shutdown.
1 year agoMost 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.
1 year agoAt 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.
1 year agoIndonesia 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.
1 year agoTransforming 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.
1 year agoAsian 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.
1 year agoThe 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.
1 year agoAsian 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.
1 year agoAsian 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.
1 year agoBenchmark 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.
1 year agoIndonesia 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.
1 year agoAsian 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.
1 year agoNatural disasters are now happening so frequently that reinsurers -- the firms that sell insurance to insurance companies -- are scaling back their exposure to such risks.
1 year agoThe US will expand its efforts to address lingering damage from the Vietnam war, which ended in 1975, including increasing funding from $183 million to $300 million for a dioxin remediation project in the Bien Hoa Air Base area.
1 year agoWhile global food prices eased in August, those of rice rose 9.8 percent compared to the previous month, "reflecting trade disruptions in the aftermath of a ban on Indica white rice exports by India", the FAO said in a monthly report.
1 year agoA deal could be inked before the end of this year if their negotiations to buy PT Sorik Marapi Geothermal Power conclude successfully.
1 year agoPhilippines is traditionally biggest buyer of Vietnam rice.
1 year agoStocks sank again Friday after another report pointing to a resilient US jobs market added to the misery for investors who fear the Federal Reserve is not finished with its campaign of monetary tightening.
1 year agoThe South American agricultural giant, already the world's top producer and exporter of soybeans, is on track to export 50 million tonnes of corn in 2023.
1 year agoHigher purchases by the world's biggest importer of palm oil could help to lower inventories in top producing Indonesia and Malaysia and support benchmark futures.
1 year agoAsian investors took fright Thursday at a forecast-busting reading on the US services sector that revived speculation the Federal Reserve could lift interest rates again, compounding a spike in oil prices that has fanned fresh inflation fears.
1 year agoOil prices rose sharply following the news, with Brent rising above $90 a barrel for the first time since November, despite steady increases in Iranian and Venezuelan oil exports.
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