Asian 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.

With 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.  

Asian 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.

OPEC 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.

Domestic 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.

Asian 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.

Sales of smartphones continued to shrink globally in the recently-ended quarter as consumers watched spending, market tracker Counterpoint reported on Monday.

The 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.

Indonesian rice production is projected to drop by 650,000 tonnes this year, according to official estimates provided by Statistics Indonesia (BPS).  

The 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.

The 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.

Bulog 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.

Global 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.

There 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.

On 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.

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.