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Jakarta Post
Markets

Stocks wobble, dollar edges down with tariff deadline in focus

The dollar retraced some of Thursday's gains with US markets already shut for the week, as traders considered the impact of the sweeping spending bill Trump is about to sign into law.

1 day ago
Markets premium

Indonesian exporters grapple with global shift to higher-grade coal

A 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. ...

6 days ago
Markets

Shares rally but dollar weakens with Fed independence seen under threat

Asia 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. ...

1 week ago

The Latest

Markets

IDX Composite ends lower after Christmas break

The IDX Composite index closed 0.41 percent lower on Friday with analysts remaining confident that the index has the potential to rebound despite the recent pullback.

6 months ago
Markets premium

No talks yet to curb nickel output: Energy ministry official

Indonesia, the world’s top nickel supplier, was reportedly weighing deep production cuts to the metal’s mining quota and is considering lowering the amount of ore mined next year to as low as 150 million tonnes from 227 million tonnes this year.

6 months ago
Markets premium

Planned 10% levy could cause CPO exports to plummet, Gapki warns

The industry association has warned that increasing the export levy from currently 7.5 percent to 10 percent next year could make Indonesian CPO less attractive, especially in view of the government’s plan to launch the B40 biodiesel program in January amid stagnant production.

6 months ago
Markets

Asia shares rise, dollar underpinned by elevated bond yields

Asian stocks edged up on Tuesday, though moves were subdued in a holiday-curtailed week, while the greenback held near a two-year high helped by elevated US Treasury yields as investors prepared for fewer Federal Reserve rate cuts in 2025.

6 months ago
Markets

IDX Composite jumps 1.61% in anticipation of Santa Claus rally

The IDX Composite index rose sharply on Monday, up by 1.61 percent to close at 7,096.44. This marked a strong start to the week as market sentiment improved.

6 months ago
Markets

IDX Composite rebounds slightly by 0.09%

After six consecutive drops, the IDX Composite slightly recovered on Friday, as analysts suggested the market may struggle to surpass key resistance levels in the near term.

6 months ago
Markets premium

RI coconut processing industry urges fruit export restriction amid shortage

Businesses urge the government to take emergency measures to save the ailing national coconut processing industry.

6 months ago
Markets

IDX Composite falls for sixth-straight day, slips below 7,000

The IDX Composite index fell 1.84 percent on Thursday, marking its sixth straight day of losses. Analysts predict the index performance to remain weak by year-end.

6 months ago
Markets

Asian markets track Wall St rout as Fed pares rate-cut forecast

Asian markets sank Thursday and the dollar held gains following a severe sell-off on Wall Street that came after the Federal Reserve halved its rates outlook and boss Jerome Powell warned officials' focus was back on fighting inflation.

6 months ago
Markets

IDX Composite drops by 0.7% after central bank’s rate decision

IDX Composite index closed lower for the fifth consecutive day, with analysts predicting further pressure on the index amid concerns over weakening rupiah and Bank Indonesia's interest rate decision.

6 months ago
Markets

IDX Composite drops for fourth consecutive day

The IDX Composite index slid 1.39 percent to close at 7,157.73 on Tuesday, with broad declines across all sectors as investor sentiment toward the planned VAT increase weighed heavily on the market.

6 months ago
Markets

IDX Composite drops by 0.9%, analysts see potential rebound

The IDX Composite closed lower by 0.9 percent on Monday. Despite the downturn, analysts remain optimistic.

6 months ago
Markets

Asia wary of Fed rate plans, China data disappoints

Asian stock markets were in a wary mood on Monday as surging bond yields challenged equity valuations, particularly for the richly priced tech sector, in a week packed with central bank meetings and major economic data.

6 months ago
Markets

Fed expected to cut rates in last meeting of Biden era

The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on Wednesday despite a recent uptick in inflation, in the central bank's last meeting of Joe Biden's presidency.

6 months ago
Markets

Moody's downgrades France credit rating to Aa3

Ratings agency Moody's downgraded France's credit rating Saturday to Aa3 with a stable outlook, following months of political crisis and the appointment of centrist Francois Bayrou as prime minister.

6 months ago
Markets

IDX Composite index drops 0.94% after rally

The IDX Composite fell by 0.94 percent on Tuesday, as analysts foresee a sideways movement after recent gains despite optimism from United States inflation data.

6 months ago
Markets premium

Indonesia to build oil storage facility near Singapore

The energy minister says the government is looking at building an oil storage facility on an island near Singapore, from which the country imports 60 percent of its fuel, to shore up strategic reserves amid declining output.

6 months ago
Markets

Asia stocks rally on Fed cut bets; Aussie jumps on jobs data

Asian stocks gained on Thursday, tracking Wall Street's tech-led rally overnight after an as-expected reading of US consumer inflation cemented bets for a Federal Reserve interest-rate cut next week.

6 months ago
Markets premium

Ministry to curb nickel output to push up global prices

The government is planning to impose further curbs on domestic nickel production in a bid to improve global prices and local miners, but has not provided a potential time frame.

6 months ago
Markets

IDX Composite rises as foreign outflows weigh on market outlook

The IDX Composite closed up 0.21 percent on Tuesday despite foreign outflows and global economic concerns.

6 months ago
Markets premium

Govt to slash corn, salt, sugar import quotas for 2025

Next 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.

6 months ago
Markets

China stocks jump on Politburo policy shift; Aussie falls after RBA

China 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.

6 months ago
Markets

IDX Composite gains 0.74% on upbeat market sentiment

The IDX Composite index rose by 0.74 percent on Monday, driven by sectoral gains, strong consumer confidence and the start of window dressing.

6 months ago
Markets

$323.4M in foreign capital pours out of domestic market: Bank Indonesia

Indonesia’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.

6 months ago
Markets

Seoul stocks drop on S. Korea woes; most Asian markets rise

South 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.

6 months ago
Markets

Fed seen poised to cut rates this month, debate 2025 pause

Federal 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.

6 months ago
Markets

World food prices reach 19-month high in November, UN says

The 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.

6 months ago
Markets

IDX Composite gains 0.95% with upbeat investor sentiment

The IDX Composite rose by 0.95 percent to 7,382.785 on Friday, with strong gains in technology and property stocks.

6 months ago
Markets premium

Govt eyes $6 billion in forex revenue from solar power exports

The 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.

6 months ago
Markets

IDX Composite declines slightly after strong rallies

The IDX Composite index closed 0.18 percent lower on Thursday. Still, analysts remain optimistic about a potential year-end rebound despite the pullback.

7 months ago

Today's ePost

Sat, July 5, 2025

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