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Tech companies led a sharp sell-off across Asia on Wednesday as investors grow increasingly worried about an AI bubble following a rally this year that has seen valuations hit record highs.
11 hours agoThe eight key members of the OPEC+ alliance, including Saudi Arabia and Russia, on Sunday said they had agreed a further slight hike to their oil production. ...
2 days agoAn official with the Cs-137 task force says the country is ready meet a request from a US spice association to resume clove exports to meet local holiday demand amid the FDA's elevated import requirements for Indonesian spices and shrimp. ...
6 days agoThe IDX Composite surged 2.9 percent on Monday, driven by gains in banking stocks as investors anticipated dividend announcements from state-owned banks.
8 months agoThe yen rose on Monday in a boost from upbeat Japanese GDP data, while the Australian and New Zealand dollars held broadly steady ahead of policy decisions later in the week.
8 months agoThe National Food Agency (Bapanas) plans to import 200,000 tonnes of raw sugar to safeguard government stocks and prevent excessive price fluctuations ahead of Ramadan.
8 months agoGlobal prices soared to an all-time high this week as many investors turn to the precious metal as a safe haven asset amid geopolitical and global economic uncertainty.
8 months agoThe IDX Composite closed 0.38 percent higher on Friday, rebounding after the previous day’s decline.
8 months agoAsian stocks tracked Wall Street higher on Friday, while the dollar eased as investors contended with US President Donald Trump's reciprocal tariffs that were not immediately imposed as well as US data allaying investor worries on inflation.
8 months agoAgusman explained that the council would have a similar function to the World Gold Council in London in facilitating demand for gold.
8 months agoIn addition to growing worries over a global trade war, analysts say negative sentiment over Prabowo's sweeping budget cut policy contributed to the IDX Composite’s 1.4 percent decline on Monday.
8 months agoThe surge in renewable energy installations meant China hit its 2030 target six years ahead of schedule, underscoring the speed of its clean energy rollout.
8 months agoThe IDX Composite index dropped by 1.93 percent on Friday, the biggest weekly decline since mid-2024.
8 months agoAsian stocks inched up on Friday ahead of key US payrolls data as investors considered prospects that a broader trade war could be averted, while the yen hit its highest in nearly two months on rising odds of more rate hikes in Japan this year.
8 months agoThe IDX Composite index dropped 2.12 percent on Thursday, reaching its lowest level since June.
8 months agoAsia shares rose on Thursday, tracking gains on Wall Street following a see-saw session, while US Treasury yields came under pressure after mixed economic data.
8 months agoCustomers have flooded social media to express frustration over fuel shortages at Shell filling stations, sharing photos and videos of empty pumps and “closed” signs.
9 months agoThe IDX Composite rose by 0.62 percent on Tuesday after reports of the US postponing import tariffs for Canada and Mexico for one month.
9 months agoIndonesia will not be able to shut down all coal and other fossil-fuel power stations within 15 years, says special presidential envoy Hashim Djojohadikusumo, walking back a statement made by President Prabowo Subianto at last year’s G20 summit.
9 months agoThe IDX Composite closed lower on Monday, falling by 1.11 percent after United States President Donald Trump announced an increase in import tariffs on Canada, Mexico and China.
9 months agoAsian stock markets slumped on Monday and European and US equity futures pointed sharply lower after President Donald Trump's tariffs on Canada, Mexico and China triggered fears of a broad trade war and a hit to global growth.
9 months agoThe dollar surged on Monday, pushing its Canadian counterpart and Mexican peso to multi-year lows while China's yuan slumped to a record low in offshore trading after US President Donald Trump kicked off a trade war by imposing sweeping tariffs.
9 months agoNew rules require firms to give 20 percent of their land to smallholders before the government extends their permits.
9 months agoPertamina has launched Diesel X, a low-sulfur vehicle fuel claimed to be relatively environmentally friendly and efficient.
9 months agoAsian shares wavered on Friday, weighed down by the return of tech-heavy South Korean stocks from holidays, but relatively strong earnings from US tech giants kept risk sentiment intact while tariff threats pushed the dollar and gold prices higher.
9 months agoAn increase in imported cassava and tapioca has contributed to a fall in prices and a corresponding decline in domestic production of the root vegetable for at least 15 years, most noticeably in Lampung, a growing issue that the government is yet to tackle.
9 months agoAsian equities were mixed in another holiday-thinned trading day Thursday, with investors digesting broadly positive tech earnings that came days after the upheaval caused by China's DeepSeek explosion onto the global AI scene.
9 months agoA nascent recovery in technology shares faltered on Tuesday and AI chip leader Nvidia struggled to rise from a record-breaking wipeout sparked by a low-cost Chinese artificial intelligence model that threatens the dominance of US rivals.
9 months agoThe Japanese yen gave up some of the safe-haven driven gains on Tuesday as investors grappled with the potential implications of a Chinese startup's free open-source artificial intelligence model, while fresh tariff threats had the euro on the back foot.
9 months agoThe dollar firmed on Monday as traders pondered the ramifications of US President Donald Trump's tariff plans at the start of a week where the Federal Reserve is widely expected to hold interest rates steady.
9 months agoAsian markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen weakened slightly ahead of an expected interest rate hike by the Bank of Japan later in the day.
9 months agoThe government has announced a plan to import 180,000 tonnes of beef and is considering to import another 100,000 tonnes of buffalo meat.
9 months agoAsian equities mostly rose Thursday, cheered by another tech-fueled run-up on Wall Street after Donald Trump's huge AI investment announcement, as traders assessed the outlook for the next four years under the new president.
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