Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search resultsA global shift in coal markets, along with ongoing geopolitical tensions, have left local miners scrambling to realign their strategy to offset shrinking export opportunities by shifting their focus to domestic sales and making inroads into smelting.
2 days agoAsia shares hit their highest level in more than three years on Friday as they tracked a Wall Street rally, though the dollar struggled on concerns about the Federal Reserve's independence and expectations for early rate cuts. ...
5 days agoTesla's new car sales in Europe fell 27.9 percent in May from a year earlier even as fully-electric vehicle sales in the region jumped 27.2 percent, with the US EV maker's revised Model Y yet to show signs of reviving the brand's fortunes. ...
1 week agoThe new levies, if kept for an extended period, could add thousands of dollars to the cost of an average US vehicle purchase and impede car production across North America.
3 months agoInvestors have been focused on the impending reciprocal tariffs promised by US President Donald Trump and its impact on the global economy as trade war fears grip markets.
3 months agoFinancial markets made a mixed start on Monday with US stock futures rising but the dollar wavering ahead of a week driven by data, Chinese earnings and the threat of steep US tariff hikes on the horizon.
3 months agoStocks in Jakarta and other Asian markets fell on Friday in a downbeat end to the week as deepening geopolitical worries and fears over US tariffs and their impact on the global economy curbed investors’ appetite for risk, keeping safe-haven gold near record highs.
3 months agoAsia shares were hobbled by weakness in Chinese markets on Thursday and struggled to build on Wall Street's rally, even as investor sentiment was lifted by the prospect that the Federal Reserve could still deliver two rate cuts this year.
3 months agoAnalysts warn the currency could remain under pressure throughout 2025 and suggest investors turn to “defensive” stocks.
3 months agoAsian stocks were subdued on Wednesday and gold hovered near record highs. Indonesian shares swung between gains and losses in choppy trading a day after the stock market clocked its sharpest fall in nearly three years, with Bank Indonesia set to decide on interest rates later on Wednesday.
3 months agoExperts view PTFI’s gold refinery as a major step for the national gold industry, but whether Indonesia can become a major player in the global market remains uncertain.
3 months agoAnalysts suggest a downturn of the Indonesia Stock Exchange (IDX) Composite index, which gained momentum with a sudden plunge on Tuesday prompting a brief suspension of trade, is driven by a general sense of uncertainty rather than by fundamental weakness.
3 months agoThe government has agreed to impose a levy on coconut exports and derivatives, but has yet to decide whether to impose an export moratorium as proposed by the industry.
3 months agoThe factory, designated as a national strategic project (PSN), would help boost biodiesel production in the country.
3 months agoThe euphoria that Donald Trump's election triggered for financial markets seems to be a thing of the past as investors now fret over the prospect of the president's trade wars sparking a US recession.
3 months agoAsian stocks fell sharply on Tuesday as a market selloff extended on mounting worries that a wide-ranging trade war could dent US economic growth and lead to a recession, sending skittish investors to the safe-haven Japanese yen.
3 months agoThe Japanese government began a rare auction on Monday of its emergency rice stockpiles in a bid to help drive down the surging price of the national staple.
3 months agoGlobal coffee traders and roasters say they have slashed their purchases to minimal levels, as the industry reels from a steep surge in prices that suppliers have yet to convince retail stores to accept.
3 months agoChina and Hong Kong shares rose on Wednesday after Beijing set an ambitious economic growth target and vowed more support for domestic consumption and the tech industry as a trade war with the United States heats up.
3 months agoEarlier in the day, China also imposed import levies covering $21 billion worth of US agricultural and food products including soybeans, wheat, meat and cotton.
3 months agoShort selling was previously set to be implemented in March or April this year with a target for short selling transactions to increase the market’s liquidity by 2 percent to 3 percent.
3 months agoThe stakes are high for the monthly US jobs report in the coming week, as investors gauge whether a string of worrisome data is signaling significant concern about the economy.
4 months agoWorld stocks are on track for their worst week since mid-December, slumping more than 2 percent.
4 months agoIn a reversal from a plan announced in December, the senior food minister has said the government will continue to import sugar as it looks to boosting domestic production, though the planned import ban would be imposed on rice, corn and salt.
4 months agoTwo state-owned enterprises (SOEs) will be its first and major players, namely state-owned pawnbroker PT Pegadaian, a subsidiary of state-owned lender Bank Rakyat Indonesia (BRI), and Bank Syariah Indonesia (BSI), the country’s largest sharia bank.
4 months agoPresident Prabowo Subianto inaugurated Indonesia’s first-ever bullion bank in a ceremony on Wednesday at The Gade Tower in Central Jakarta.
4 months agoPresident Donald Trump opened yet another front on Tuesday in his assault on global trade norms, ordering a probe into potential new tariffs on copper imports to rebuild US production of a metal critical to electric vehicles, military hardware, the power grid and many consumer goods.
4 months agoUnless the subsidy program for electric motorcycles is renewed, the industry will see sales drop in 2025.
4 months agoThe country’s burgeoning art market is giving rise to a younger generation of collectors who are not only motivated by investment returns but also by a desire to express personal tastes.
4 months agoThe Finance Ministry has announced a new housing bond to help finance the government's 3 million affordable homes program as a "modification" of the FLPP mortgage facility launched in 2021.
4 months agoFederal Reserve officials are taking note of what they see as rising inflation risks and the uncertain impact of President Donald Trump's trade, immigration and other policies.
4 months agoAsian markets turned negative Thursday amid Federal Reserve concerns that US President Donald Trump's tariffs and immigration measures could reignite inflation.
4 months agoAsian stocks wavered on Wednesday after the S&P 500 and European shares ended at record highs, in the face of US President Donald Trump's latest tariff threats on auto, semiconductor and pharmaceutical imports.
4 months agoShare your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.