As the world’s biggest palm oil exporter, Indonesia wants to establish its own benchmark crude palm oil (CPO) price by the end of this year to cut its reliance on the Malaysian derivative exchange. 

JP Morgan expects the electric vehicle (EV) industry and its supply chain to buoy Indonesia's equity market.

A rally in Asian shares sputtered on Thursday, pressured by a pullback in Chinese stocks and higher US yields amid fears the Federal Reserve will keep raising interest rates to combat sticky inflation.

Asian stocks rebounded from a two-month low on Wednesday as data showing China's manufacturing activity in February expanded at the fastest pace in more than a decade cheered investors, offsetting fears over rising interest rates.

Asian equities weakened on Tuesday and were set for their worst monthly performance since September as investors adjusted to expectations that US interest rates will stay higher for longer.

Electric motorcycle sales almost tripled from 2021 to 2022, but even with the significant improvement, only a fraction of Indonesia's conventional motorcycles could be replaced by electric ones over the coming years, analysts say.

Asian markets were mixed Friday, with traders still occupied by long-running interest rate worries, though Tokyo rallied after the man tipped as Japan's next central bank head made the case for keeping its ultra-loose policy.

The German economy ministry is seeking to crack down on the export to third countries of goods that fall under European Union sanctions imposed on Russia over its war in Ukraine, according to a ministry document seen by Reuters on Thursday.

Asian stock markets were pinned near seven-week lows on Thursday while the dollar stood at multi-week peaks, as a run of strong economic data had investors worrying interest rates will need to keep rising and stay high to put the brakes on inflation.

Asian markets sank Wednesday following hefty losses on Wall Street as still-strong economic data fanned expectations that US interest rates will go higher and stay there longer than expected.

Asian markets sank Wednesday following hefty losses on Wall Street as still-strong economic data fanned expectations that US interest rates will go higher and stay there longer than expected.

S&P Global Ratings says last week’s deferred debt repayment by state-owned construction company PT. Waskita Karya “could test investor appetite for corporate bonds” from Indonesia.

A February market update from Canalys suggests that Korea's Samsung might be leading the year's market trend with high-end foldable devices.

The dollar surged on Friday to hit a six-week high against a basket of currencies as a bout of resilient economic data out of the United States raised market expectations that more interest rate hikes were in the offing.

Asia's stocks rose on Thursday, with investors choosing to cheer strong US retail sales data as good news for earnings rather than worry about it being likely to support interest rate rises.

The dollar found support in Asia on Wednesday after stubbornly high US inflation suggested interest rates are going to remain high for longer than investors had expected.

Global shares edged higher on Tuesday, tracking a rebound on Wall Street ahead of a key US inflation report and speeches by Federal Reserve members, while the yen recouped losses after Japan nominated a new central bank governor.

Markets are looking to the US consumer price index (CPI) data for further clues on Federal Reserve's policy outlook, with the headline number expected to rise 0.5 percent in January, according to a Reuters poll, after falling 0.1 percent in December.

A recent government decision to tighten palm oil shipments by suspending some export permits will have a negligible impact on global prices, according to an analyst.   

Asian equities fell again Monday on growing expectations that US interest rates will go much higher and for longer than previously thought.

Billionaire Gautam Adani has seen some US$110 billion wiped off the value of seven firms in the group he founded after US short seller Hindenburg Research accused it of improper use of offshore tax havens and stock manipulation.

The new US agriculture trade chief on Thursday told Reuters that he has given Mexico until Feb. 14 to respond to a US request to explain the science behind Mexico's planned bans on genetically modified corn and glyphosate herbicide.

Industry players in the world's largest nickel producer are adamant about the future of the mineral in electric vehicles despite a resurgence in demand for lithium iron phosphate batteries.

The first Australian coal shipment to China in over two years neared delivery on Thursday, according to shipping data and media reports, as tensions between the two Pacific powers show signs of easing.

Most Asian markets rose Wednesday but traders remained on edge after Federal Reserve boss Jerome Powell reiterated that inflation was coming down but interest rates might need to go higher than expected to get it under control.

Asian share markets stabilized somewhat on Tuesday after steep losses in the past 24 hours, while the US dollar remained elevated as investors considered the prospects interest rates would remain higher for longer in many developed economies.

Asian markets mostly fell Monday and the dollar extended gains after a forecast-busting US jobs report fanned expectations of more Federal Reserve interest rate hikes.

An initial public offering (IPO) by Pertamina Geothermal Energy (PGE), the geothermal arm of state-owned oil and gas giant Pertamina, is expected to receive a positive response from the market with its business being in line with the world’s shift toward renewables and sustainable investments.

Asian equities were mixed Friday as the optimism over a possible pause in Federal Reserve interest rate hikes again gave way to worries about the global economy as more than a year of monetary tightening kicks in.

The dollar slid on Thursday after the US Federal Reserve said it had turned a corner in the fight against inflation, giving markets a boost in confidence that the end of the central bank's rate-hike campaign was near.