The dollar held gains on Tuesday as markets awaited signals, expected later this week, about the potential timing of rate cuts by the Federal Reserve.

Asian markets were subdued on Monday, as the extended Lunar New Year holiday approached and Japan reported lackluster economic growth.

Asian shares retreated from record highs on Friday as worries about shrinking margins in the tech sector hit the likes of Apple, driving investors into safe-haven bonds ahead of key US inflation data.

Gold prices dipped on Thursday, as the U.S. dollar firmed after stronger-than-expected January jobs data dented expectation for near-term interest rate cuts, while investors awaited inflation data due on Friday for more monetary policy cues.

Danantara CEO Rosan Roeslani pointed out that it is common practice for sovereign wealth funds (SWFs) to hold stakes in bourses, typically ranging from 15 percent to 30 percent.

Bonds jumped and a rebound in stock markets slowed down on Wednesday after softer-than-expected US retail sales figures, while a rally in the yen has extended and might be beginning to signal a shift in investor thinking since Japan's election.

About US$120 billion has been wiped from the benchmark Jakarta Composite after larger rival MSCI warned last month the country risked a downgrade to frontier status.

Nikkei jumped 4.2 percent to all-time highs as the government's decisive majority after the election clears the way for more spending and tax cuts.

The benchmark Jakarta Composite Index lost 2.5 percent while the rupiah dropped as much as 0.37 percent to 16,888 per dollar, its lowest since January 22 and down 1 percent for the year.

Global stocks extended losses into a third day on Friday as a selloff on Wall Street intensified, leaving investors dazed as wrenching volatility gripped precious metals and cryptocurrencies.

Asian stocks fell Thursday to track more losses on Wall Street, where tech firms were again under pressure as fears over vast AI investments and extended valuations gained momentum.

Higher palm oil imports by India, the world's largest buyer of vegetable oils, could help reduce inventories in top producers Indonesia and Malaysia, supporting benchmark Malaysian palm oil futures, while pressuring US soy oil futures.

Stocks rallied while precious metals and crude rebounded as some stability returned Tuesday following a rout fueled by a perfect storm that sent shivers through across Asian trading floors.

Indonesian shares plunged again on Monday, showing that a leadership shakeup at stock market institutions and government assurances about planned reforms have not allayed investor concerns.

Oil prices tanked Monday on easing US-Iran tensions while precious metals swung wildly following last week's dollar-fueled collapse sparked by Donald Trump's hawkish pick to lead the Federal Reserve.

Asian stocks sank Friday amid fresh worries over vast investments in artificial intelligence. Jakarta seemed to be stabilizing after a rout over the previous two days sparked by index compiler MSCI calling on regulators to look into ownership concerns.

Goldman Sachs estimates that foreign investor outflow could reach $7.8 billion if Indonesia is downgraded to frontier market, a scenario the investment bank and some investors deem unlikely.

MSCI's warning is the latest setback for Southeast Asia's largest economy as foreign capital flows out due to concerns about how President Prabowo Subianto is widening the fiscal deficit and ramping up the state's involvement in financial markets.

The Indonesia Stock Exchange (IDX) Composite index has nosedived for a second day in a row due to investability flags from Morgan Stanley Capital International (MSCI), prompting another trading halt.

The Indonesia Stock Exchange (IDX) temporarily halted trading on Wednesday after shares plunged on a warning from global index provider MSCI that it could downgrade Indonesian stocks to frontier-market status.  

As investors have grown increasingly nervous about their exposure to US assets, other currencies and gold have shot up in the past couple of weeks.

The Indonesia Stock Exchange (IDX) Composite index nosedived as trading opened on Wednesday following an evaluation by Morgan Stanley Capital International (MSCI) that flags Indonesian stocks.

The coal sector to come under further pressure this year, as the correction in coal prices is likely to continue in line with a deeper decline in Indonesia’s coal production.

Asian shares advanced on Tuesday as investors hoped for the best from a barrage of US mega-cap earnings, though uncertainty caused by President Donald Trump’s latest tariff moves on South Korea limited broader gains while boosting gold and silver.

Gold surged past US$5,000 per ounce early on Monday following a turbulent week where tensions over Greenland and Iran rattled sentiment, while markets remained on tenterhooks after a rout in bonds and violent spikes in the yen.

Stocks were subdued and precious metals hit fresh highs Friday after a turbulent week that saw US President Donald Trump back down from threats to seize Greenland and to issue tariffs against European allies.

Implementing B50 amid stagnant production could trigger a sharp rise in CPO prices and derivative products such as cooking oil, as well as reduce export volumes.

The yield on Indonesian government bonds has climbed to its highest level in more than three months on the back of general uncertainty, fiscal worries and concerns about the independence of Bank Indonesia (BI) following the nomination of Thomas “Tommy” Djiwandono as deputy governor.

Japan should act decisively against excessive market moves, Yuichiro Tamaki, head of an influential opposition party, told Reuters on Wednesday, after a brutal sell-off of Japanese government bonds sent a chill through global financial markets.

Asian equities stabilized Wednesday after a rough start to the week fueled by Donald Trump's Greenland-linked tariff threats. Tokyo, Sydney, Singapore, Taipei and Manila fell, while Hong Kong, Shanghai and Jakarta rose.