Automakers are hoping for an uptick in sales from the upcoming GIIAS as both factory shipments and retail sales remained weak in May, declining by double digits year-on-year as slowing economic growth continued to weigh on demand.
51 minutes agoReal Estate Indonesia (REI) has suggested that the government address structural issues plaguing high-rise living instead, ranging from unrealistic pricing benchmarks to frequent conflicts in poorly managed apartment communities. ...
4 hours agoAsian stocks squeezed out more gains Tuesday as the latest round of China-US trade talks moved into a second day, with one of Donald Trump's top advisers saying he expected "a big, strong handshake". ...
5 hours agoAsian markets leaped Thursday on optimism the Federal Reserve's long-running campaign of interest rate hikes could be near an end after data showed US inflation rose less than expected last month.
1 year agoThe dollar sank to a two-month low against its major peers on Wednesday in the lead-up to a key US inflation reading, while sterling scaled a 15-month top on expectations the Bank of England (BoE) has further to go in raising rates.
1 year agoAsian shares bounced and the safe-haven dollar edged lower on Tuesday as investors hoped this week's US inflation data supports an imminent end to rate hikes and cheered the prospect China will deliver economic stimulus to prop up stalling growth.
1 year agoForty-four companies have gone public in Jakarta in this year’s first half, a report by audit and consulting firm Deloitte reveals. That is more than in the other countries of the region combined.
1 year agoStocks tumbled again Friday in Asia, including Jakarta, after another round of strong US data reinforced expectations the Federal Reserve will resume its interest rate hikes as officials wrestle with stubbornly high inflation.
1 year agoIndonesian coal stocks are expected to enjoy an uptick despite a forecast of further declines in coal prices in the face of a subdued economic recovery in China and muted industrial activity in manufacturing and construction, analysts say.
1 year agoIt was stuck for over nine months, alongside an even larger stockpile of copper, due to a dispute over royalties between owners CMOC and the DRC's state mining company Gecamines.
1 year agoMarkets fell again in most of Asia on Thursday as traders resigned themselves to more US interest rate hikes after minutes from the Federal Reserve's June meeting showed officials felt more needed to be done to rein in inflation.
1 year agoRussia said on Wednesday it has not made a final decision on whether to extend the Black Sea grain deal, which expires on July 17, because of obstacles to its own exports of grain and fertilizers.
1 year agoThe National Food Agency has increased the farmgate price for sugar, but farmers say the hike is too small and experts believe it will not move the country closer to its goal of self-sufficiency in sugar output.
1 year agoChina will control exports of some metals widely used in the semiconductor industry, its commerce ministry announced on Monday, the latest salvo in an escalating war over access to high-tech microchips between Beijing and the United States.
1 year agoGlobal mergers and acquisitions (M&A) activity fell 36 percent year-on-year in the second quarter, but investment bankers and lawyers expressed optimism that the stock market's recovery will gradually restore chief executives' dealmaking confidence.
1 year agoJapan's equity market could, however, face risks should a US recession prompt a substantial yen appreciation or should Bank of Japan (BoJ) normalize its monetary policy prematurely, an analyst says.
1 year agoAsian markets fluctuated Friday as more forecast-beating data reinforced the US economy's resilience despite surging interest rates but piled further pressure on the Federal Reserve to keep hiking to tame inflation.
1 year agoSmaller office spaces are projected to see higher demand this year as firms seek to implement cost-saving measures while coping with changes in the working trend.
1 year agoAsian markets were mixed Wednesday as investors weighed data showing the US economy remained resilient in the face of rising interest rates against the prospect of more tightening to bring inflation under control.
1 year agoAsian stocks headed for their worst week in three months on Friday as a string of hotter-than-expected inflation prints and hawkish central bank surprises made investors nervous about the economic toll of taming runaway prices.
1 year agoMarkets fell in Asia on Thursday as traders contemplated the prospect of more central bank interest rate hikes as they struggle to tame persistently high inflation.
1 year agoExcess rainfall means Indonesian producers cannot take advantage of a global deficit of coffee beans and high prices, particularly for robusta.
1 year agoStocks in Hong Kong and Shanghai led equity losses Tuesday as a smaller-than-forecast interest rate cut by China's central bank added to worries about the lack of action to kickstart the country's lumbering economic recovery.
1 year agoThe yuan slipped toward seven-month lows on Tuesday as China cut lending benchmarks, while the Australian dollar fell after latest central bank meeting minutes showed keeping interest rates unchanged was under consideration.
1 year agoThe government has agreed to import 1 million tonnes of rice from India in a move that it says is necessary to ensure a sufficient supply of the staple food amid an increased risk of poor harvests this year.
1 year agoThe yen fell to a new 15-year low against the euro on Friday after the Bank of Japan (BOJ) kept ultra-low interest rates and forecast that inflation will slow later this year in contrast with the European Central Bank's (ECB) rate hike on Thursday.
1 year agoThe US dollar rallied in Asian trading on Thursday after the Federal Reserve signaled rate hikes later in the year, while China's and New Zealand's currencies fell on signs of weakness in those economies.
1 year agoAsian investors traded cautiously Monday as they awaited key US inflation data and the Federal Reserve's interest rate decision later this week.
1 year agoThe dollar retreated on Friday, dragged down by lower US Treasury yields after a spike in weekly jobless claims raised hopes that a peak in US interest rates was near.
2 years agoThe Australian dollar jumped to its highest since mid-May on Tuesday after the Reserve Bank of Australia raised interest rates, in a decision that many analysts had said would be a close call between a hike and a pause.
2 years agoAsian equities on Monday built on a global rally after a mixed US jobs report lifted hopes the Federal Reserve will hold off hiking interest rates this month.
2 years agoMajor oil producers led by Saudi Arabia and Russia met Sunday to discuss slashing output further in a bid to prop up prices, talks that are seen as tough amid tensions between Riyadh and Moscow.
2 years agoStocks markets rallied on Friday after senators voted to lift the US debt ceiling and as strong jobs data eased fears for the world's top economy.
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