Asian stock markets and US futures rose on Friday as signs of possible trade talks between the US and China lifted risk sentiment after lacklustre earnings from tech bellwethers Apple and Amazon fueled worries about the impact of tariffs.
6 hours agoWhile the transport minister has urged local airliners to look at buying rejected Boeing jets as an opportunity for fleet expansion, industry association INACA has called for a collected, practical stance in view of regulatory, certification and other established processes. ...
1 week agoAsian stock markets headed for a second straight week of gains on Friday and the dollar for its first weekly rise in more than a month as investors have welcomed an apparent softening of the White House stance on China, despite no signal of detente. ...
1 week agoThe IDX Composite closed up 0.21 percent on Tuesday despite foreign outflows and global economic concerns.
4 months agoNext year's import quotas for key industrial commodities, including salt and sugar, are to be significantly reduced as part of the Prabowo administration's overarching aim to achieve food self-sufficiency.
4 months agoChina stocks surged and commodities found support on Tuesday on Beijing's new promises of rate cuts and a boost to consumption, while the Australian dollar slid and global stocks were wobbly ahead of a crucial US inflation reading.
4 months agoThe IDX Composite index rose by 0.74 percent on Monday, driven by sectoral gains, strong consumer confidence and the start of window dressing.
4 months agoIndonesia’s financial market faces a net foreign capital outflow of Rp 5.13 trillion (US$323.4 million) as of early December 2024, the latest report from BI has said.
4 months agoSouth Korean stocks fell more than one percent Monday as the country was racked with political uncertainty after President Yoon Suk Yeol averted impeachment following his brief imposition of martial law last week.
4 months agoFederal Reserve officials appear on track to cut interest rates this month after data showed the US labor market remained strong but continued to cool in November, even as debate emerged over a possible pause to rate cuts in the new year.
4 months agoThe United Nations' world food price index rose in November to its highest level since April 2023, recording its biggest gain in 19 months on the back of surging vegetable oil prices, data showed on Friday.
4 months agoThe IDX Composite rose by 0.95 percent to 7,382.785 on Friday, with strong gains in technology and property stocks.
4 months agoThe domestic industry is projected to produce 16.4 gigawatt-peaks (GWp) worth of solar panels per year as well as 31.4 gigawatt-hours (GWh) per year worth of battery storage systems.
4 months agoThe IDX Composite index closed 0.18 percent lower on Thursday. Still, analysts remain optimistic about a potential year-end rebound despite the pullback.
4 months agoThe President may not be a fan of stock trading, but his words certainly carry weight, as evidenced when the IDX Composite dipped 0.4 percent the day after he likened it to gambling at a Muhammadiyah meeting on Wednesday.
4 months agoThe euro was subdued on Thursday after the widely expected collapse of the French government, stoking worries about the region's second-biggest economic power, while bitcoin galloped past US$100,000 for the first time.
4 months agoSouth Korea's finance ministry said on Wednesday it was ready to deploy "unlimited" liquidity into financial markets after President Yoon Suk Yeol lifted a martial law declaration he imposed overnight that pushed the won to multi-year lows.
4 months agoAsian traders shifted tentatively Tuesday as they battled to track another record on Wall Street owing to fresh China-US worries, while the euro extended losses on concerns of political and economic upheaval in France.
4 months agoThe IDX Composite (IHSG) dropped by 0.95 percent on Monday. Investors remained cautious because of US trade threats and local concerns over the VAT increase.
4 months agoIndonesia’s rice output is estimated to reach 32 million tonnes in 2025, according to Coordinating Food Minister Zulkifli Hasan.
5 months agoThe loonie and peso remained weak following sharp drops to multi-year lows on Tuesday, while the yuan edged back towards the previous session's four-month trough.
5 months agoAsian markets fell and the dollar rallied Tuesday after Donald Trump warned he would impose huge new tariffs on China, Mexico and Canada on his first day in office, dealing a blow to hopes of a more moderate approach to trade policy.
5 months agoThe economic potential from foreign tourists during the Christmas and New Year holidays is estimated to reach Rp 29 trillion (US$1.83 billion), highlighting the anticipated impact of tourist activities on Indonesia's economy during the festive season.
5 months agoThe Indonesia Stock Exchange (IDX) Composite index began the week strong, adding 1.65 percent or 118.54 points to sit at 7,314.11 by the end of the closing bell on Monday.
5 months agoThe victory of Donald Trump in the United States presidential election earlier this month, which is seen to usher in a pro-crypto administration in the US, has reignited the global crypto market and boosted optimism among Indonesian investors as well.
5 months agoThe IDX Composite rose 0.77 percent on Friday to close at 7,195.56, supported by positive domestic data and global market trends.
5 months agoThe Indonesia Stock Exchange (IDX) Composite index ended in the red on Thursday, posting a 0.55 percent decline to 7,140.91, despite positive movement earlier in the day.
5 months agoBitcoin's march toward US$100,000 made further ground on Thursday as investors bet a friendlier US regulatory approach to cryptocurrencies under president-elect Donald Trump will unleash a boom era for the asset class.
5 months agoThe central bank has decided to maintain the BI-Rate at 6 percent in anticipation of the potential adverse impacts on Indonesia's economy and currency from the policies of the incoming administration of US president-elect Donald Trump.
5 months agoThe IDX Composite index rebounded 0.86 percent on Tuesday, fueled by a boost in tech stocks and China's stimulus package.
5 months agoEurope's main stock index fell to a three-month low on Tuesday, as heightened geopolitical tensions following Russia's warning on its updated nuclear doctrine prompted investors to shift from risk assets to safe havens.
5 months agoThe government apparently sees no problem with local miners importing nickel ore for further processing at their smelters, with the APNI warning that the current expansion in smelters could quickly deplete domestic reserves.
5 months agoThe IDX Composite declined for the fourth consecutive trading day on Monday, falling by 0.38 percent to 7,134.28 amid significant capital outflows.
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