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Jakarta Post
Markets

Prabowo accuses MSCI of trying to intimidate Indonesia after market rout

MSCI ratcheted up the pressure on Jakarta by announcing that it could demote Indonesia's equities to "standalone" market status, claiming the country had not done enough to crack down ​on coordinated trading practices in its stock market.

5 hours ago
Markets

Asian stocks rally as tech firms enjoy bounce ahead of key earnings

Asian markets rallied Wednesday as tech firms enjoyed a much-needed rebound, with investors taking heart from upbeat earnings that lifted sentiment ahead of a crucial reporting season. ...

15 hours ago
Markets premium

IDX overhauls index to limit fallout from MSCI warning

In response to the moves, the IDX Composite climbed more than 5 percent on Tuesday, rebounding from a nearly 15 percent drop over Friday and Monday. ...

1 day ago

The Latest

Markets

Thai rice price surges on India, Myanmar export bans

Traders are closely watching India's decision on which countries it will sell rice to, as this will impact global rice prices.

3 years ago
Markets

China companies' fundraising options narrow after IPO restrictions

China's surprise move to slow the pace of mainland initial public offerings (IPOs) in an attempt to bolster the secondary market will cloud the fundraising plans of hundreds of companies and will weigh on the economy, bankers and lawyers said.

3 years ago
Markets

France, EU to spend 200 million euros on destroying excess wine

A fall in demand for wine has led to over-production, a sharp fall in prices, and major financial difficulties for up to one in three wine makers in the Bordeaux region, according to the local farmers' association.

3 years ago
Markets

Bonds rally, stocks drift as China boost fades

Asian equity markets struggled for direction on Tuesday as the bounce from Beijing's efforts to support stocks ebbed, while bonds rallied and the dollar dipped ahead of US labor and manufacturing data due later in the week.

3 years ago
Markets

Asia shares rally as China offers markets a hand

Asian shares rallied on Monday as China announced new measures to support its ailing markets, though the mood was still cautious ahead of readings on US jobs and inflation that could decide whether interest rates have to rise again.

3 years ago
Markets

Global stocks mostly fall ahead of central bank gathering

Traders have spent most of August fretting that the Fed will be forced to raise interest rates further to contain inflation owing to a string of reports pointing to a resilient US economy and jobs market.

3 years ago
Markets

Stocks sink, dollar climbs as risk of hawkish Powell looms

Asian stocks sold off and the dollar scaled an 11-week peak against major peers on Friday, as investors braced for the risk of a hawkish tilt from Federal Reserve Chair Jerome Powell at Jackson Hole.

3 years ago
Markets

Asia tracks Wall St surge as traders welcome US data, Nvidia results

Asian markets rose again Thursday after soft US and European economic data soothed recent fears that central banks will hike rates further, while tech firms were given a boost by forecast-busting earnings from AI chip titan Nvidia.

3 years ago
Markets

Markets rally fades as traders nervously await Powell speech

Asian markets drifted between gains and losses Wednesday with traders struggling to maintain momentum from the previous day's much-needed bounce as they contemplate an extended period of elevated interest rates.

3 years ago
Markets

Dubai airport tops pre-pandemic passenger traffic in first half

Dubai's main airport reported a 49 percent surge in passenger traffic in the first half of the year to 41.6 million, surpassing pre-pandemic levels, operator Dubai Airports said on Tuesday.

3 years ago
Markets

China stocks fall to 9-month low amid weaker-than-expected policies

China stocks fell to around nine-month lows on Monday as investors were disappointed by milder-than-expected measures by authorities to boost confidence in the economy, with sluggish recovery and property woes keeping sentiment fragile.

3 years ago
Markets

US mortgage rate hits highest level in 21 years

Mortgage rates in the United States have surged to the highest since 2002, said a home loan finance company Thursday, adding pressure to buyers who are already grappling with high costs and low inventory.

3 years ago
Markets

Vietnam's VinFast targets US electric car market

Vinfast hopes to compete with giants such as Tesla and began building a factory in the US state of North Carolina last month.

3 years ago
Markets

Stocks, oil slide as Fed mulls rates and China struggles

Wall Street ended Wednesday lower and oil continued a downward slide as concerns over more Federal Reserve rate hikes and China's laggard economy weighed on investors.

3 years ago
Markets

Asian markets fall on China woes, US rate concerns

Asian markets fell Wednesday on concerns about the Chinese economy and after stronger-than-expected US retail sales data increased the likelihood of a further Fed rate hike.

3 years ago
Markets

Chinese carmakers edge ahead in Indonesian electric vehicle market

Neta will next year become the second Chinese car manufacturer to establish an EV assembly line in Indonesia, after Wuling began producing its AirEV locally in 2022.

3 years ago
Markets

Dollar firm, yuan slides after China unexpectedly cuts rates

The safe-haven dollar stayed firm against major peers while the yuan sank to a nine-month trough after China's central bank unexpectedly cut key policy rates for a second time in three months on Tuesday to shore up the country's sputtering economy.

3 years ago
Markets premium

Indonesian F&B industry mulls price hikes as sugar costs soar

The domestic food and beverage industry is considering raising the prices of a number of products this year to make up for the high price of refined sugar, an industry association has said.

3 years ago
Markets

IEA raises world oil demand forecast in 2023 toward all-time high

The International Energy Agency said Friday it had revised upwards its forecast for global oil demand growth in 2023 as demand is "scaling record highs".

3 years ago
Markets

Malaysia blocks live cattle imports from Australia after skin disease scare

LSD, which causes blisters and reduces milk production, is a highly infectious viral disease affecting cattle and buffalo that is transmitted by insect bites. It poses no risk to humans.

3 years ago
Markets premium

Govt to increase coal production by year-end

The Energy and Mineral Resources Ministry plans to ramp up national coal production in the second half of 2023 following requests from local producers.

3 years ago
Markets

Asian markets down as data shows China trade weak

Asian share markets were mostly weaker on Tuesday as investors digested weaker Chinese trade data ahead of key inflation readings from China and the United States to deliver an updated outlook on the health of the global economy.

3 years ago
Markets

Asian markets mixed as traders nervously await US jobs report

Asian markets were mixed Friday at the end of a volatile week, with a fresh spike in US Treasury yields weighing on Wall Street and traders still concerned about the Federal Reserve's interest rate plans.

3 years ago
Markets

Asian shares hesitant after Wall Street sell-off, dollar buoyant

Asian shares were subdued on Thursday after Fitch downgraded US sovereign debt sparking profit-taking, with investors now shifting focus to Bank of England's rate decision and earnings from Apple and Amazon.

3 years ago
Markets

Dollar wobbles after US credit rating downgrade

The dollar struggled to make headway on Wednesday after a cut on the US government's top credit rating by Fitch raised questions about the country's fiscal outlook, though it drew some support from a relatively resilient run of economic data.

3 years ago
Markets

Asian markets drop as US downgrade jolts latest rally

Asian markets followed Wall Street lower Wednesday as the wind came out of the latest rally, with traders jolted by the downgrade of US sovereign debt, soft economic data and concerns about elevated valuations.

3 years ago
Markets

Asian markets rise as positive mood flows across trading floors

Asian investors started August in the same way they ended July, with gains across markets that followed Wall Street's lead, fueled by a general sense of optimism about the economic outlook.

3 years ago
Markets premium

Investing in collectibles: Watches and bags can yield long-term gains

Despite their price volatility, luxury items like handbags and watches can be long-term investments, collectors say.

3 years ago
Markets

Asia shares up as China extends rally; Japanese yields a risk

Asian shares looked to end the month on a firm note on Monday in a week littered with major economic releases, central bank meetings and earnings updates from mega caps Amazon and Apple, though rising Japanese bond yields posed a risk.

3 years ago
Markets

Asian markets drop after Wall St loss, yen rises ahead of BoJ

Equities fell Friday following a sell-off on Wall Street where forecast-beating data revived concerns the Federal Reserve could hike interest rates further.

3 years ago
Page: 41

Today's ePost

Thu, October 22, 2026

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