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View all search resultsThe 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.
16 hours agoThe nickel downstreaming program has faced issues due to the lack of a comprehensive long-term plan, including a shortage of nickel ore resulting from overinvestment over the past five years. ...
1 day agoNorges Bank Investment Management (NBIM), an arm of Norway's central bank, which held stakes in 61 Israeli companies as of June 30, in recent days divested stakes in 11 firms. ...
2 days agoStocks and oil slid sharply on Monday as rare protests in major Chinese cities against the country's strict zero-COVID curbs raised worries about management of the virus in the world's second-largest economy.
2 years agoThe ever-rising number of online investing platforms has some Indonesians wonder whether they are in fact investing, or rather gambling, given the blurred line between the two. The Jakarta Post has asked young Jakarta investors about their self-awareness.
2 years agoEuropean stocks were on track for a sixth successive week of gains on Friday and government bond yields globally traded near multi-week lows as investors reacted to positive data and signs central banks may not hike rates as aggressively as feared.
2 years agoAsian markets were mixed Friday at the end of a week that has seen hopes the Federal Reserve will tone down its monetary tightening campaign offset by fresh lockdown fears as COVID-19 cases surge in China.
2 years agoThe energy ministry has offered PSC cost recovery schemes for four offshore and onshore blocks in its second bid round this year.
2 years agoAsian markets rose Wednesday but traders flitted between hopes for a halt in sharp US interest rate hikes and concern that a surge in China's Covid cases will see officials impose more painful lockdowns.
2 years agoAsian shares were on the defensive on Tuesday as a COVID-19 resurgence in China increased concerns that Beijing may reimpose strict pandemic curbs and that further restrictions could cause supply chain disruptions.
2 years agoThe US dollar was firmly higher against major currencies on Monday, while China's yuan slipped as sentiment was soured by rising COVID cases and tightening restrictions in some cities in the world's second-biggest economy.
2 years agoAsian markets fell Monday as China's first COVID death in six months sparked fears officials would reimpose strict, economically painful restrictions to fight outbreaks across the country.
2 years agoAsian shares were in a cautious mood on Friday after US Federal Reserve officials fired more warning shots on interest rates, while rising coronavirus cases in China and liquidity strains in its bond market added to uncertainty.
2 years agoJapan's core consumer prices rose 3.6 percent year-on-year in October, the government said Friday, the highest level in four decades due largely to rising energy costs and a weak yen.
2 years agoAsian stocks were mixed on Thursday while the US dollar stabilized and Treasury yields remained depressed as investors tried to assess the outlook for Federal Reserve policy following stronger-than-expected retail sales data.
2 years agoThe safe-haven US dollar edged higher against major peers on Wednesday as markets continued to assess news of a Russian-made rocket striking NATO-member Poland, and whether it could lead to an escalation of the Ukraine war.
2 years agoAsian share markets were mixed on Tuesday and oil was weaker as investors sought to digest the economic implications of China's COVID policy adjustments and a rescue package for the country's struggling property sector.
2 years agoThe fallout from the collapse of crypto exchange FTX kept bitcoin and other cryptocurrencies under pressure on Monday, with market participants worrying about heavy withdrawals at Singapore-based exchange Crypto.com.
2 years agoAsian share markets were taking a breather on Monday after last week's sweeping rally as a top US central banker warned investors against getting carried away over one inflation number, nudging up bond yields and the dollar.
2 years agoIndonesian mutual funds are down some 10 percent this year, as global rate hikes and new domestic regulations push money elsewhere.
2 years agoAsian shares spiked higher on Friday, while the dollar nursed steep losses after a smaller-than-expected increase in US consumer prices fueled hopes that the Federal Reserve could tone down its aggressive pace of interest rate hikes.
2 years agoCryptocurrency markets nursed heavy losses on Thursday, with bitcoin pinned near a two-year low as investors fretted about the fallout from the implosion of crypto exchange FTX.
2 years agoAsian stocks started down on Thursday after inconclusive US midterm election results and a turbulent cryptocurrency market left Wall Street and European markets in a sea of red.
2 years agoAsian stocks made a positive start Wednesday following gains on Wall Street but lost momentum as factory gate prices in China fell for the first time in nearly two years.
2 years agoStocks in Shanghai was down 0.6 percent, while Jakarta fell 0.3 percent, Bangkok retreated 0.2 percent and Wellington dropped 0.7 percent.
2 years agoChina's super-rich saw their wealth tumble by the most in over two decades this year, as the Russia-Ukraine war, Beijing's zero-COVID measures and falling mainland and Hong Kong stock markets pummeled fortunes, an annual rich list said on Tuesday.
2 years agoAsian equities rose on Friday, boosted by Hong Kong and China stocks, while the dollar was set for its best week in more than a month as investors priced in the prospect of the Federal Reserve taking interest rates above 5 percent next year.
2 years agoAsian markets sank Thursday after the Federal Reserve hiked interest rates and boss Jerome Powell suggested they would go higher than expected, blowing a hole in hopes for a more dovish pivot in its fight against inflation.
2 years agoAsian stocks were mixed Wednesday following losses on Wall Street as forecast-beating US data jolted hopes the Federal Reserve could soon tone down its hawkish pace of interest rate hikes.
2 years agoChicago wheat futures jumped more than 5 percent on Monday and corn rose over 2 percent as Russia's withdrawal from a Black Sea export agreement raised concerns over global grain supplies.
2 years agoThe dollar firmed on Monday after strong consumer spending data pointed to persistent underlying inflation pressure, cooling bets that the US Federal Reserve could flag a slowdown in its aggressive interest rate hikes.
2 years agoInvestors are holding back from the government bond market amid rising interest rates to fend off high inflation in many major economies, leaving emerging countries like Indonesia struggling to keep up with investors’ appetite to secure capital at home.
2 years agoAsian equities edged lower on Friday as investors grappled with mixed earnings reports, while the Japanese yen held firm ahead of the Bank of Japan's policy review.
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