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The government has signaled that it will refrain for now from any decisive follow-up to its new bilateral trade deal with the United States after a US Supreme Court ruling raised questions over the legality of US tariff policies.
7 hours agoOne of the first concrete reactions among Asian nations to the decision, it follows Trump's move on Saturday to levy a temporary tariff of 15 percent, the maximum allowed by law, on US imports from all countries, following the court's rejection.
10 hours agoDuring a meeting with the House of Representatives on Feb. 10, Public Housing and Settlements Minister Maruarar Sirait revealed that the Meikarta land has been granted for free by Lippo Group to the government.
16 hours agoThe court's ruling invalidated a number of tariffs that the Trump administration had imposed on Asian export powerhouses from China and South Korea to Japan and Taiwan, the world's largest chip maker and a key player in tech supply chains.
1 day agoAn initiative founded by an Indonesian senior high school student has spotlighted the importance of collaboration in the field of neurodiversity education.
1 day agoTrump's talks with Chinese President Xi Jinping on an extended visit to Beijing had been expected to revolve around extending a trade truce that kept both countries from further hiking tariffs.
1 day agoBy itself, the ruling is estimated to chop the trade-weighted average US tariff almost in half from 15.4 percent to 8.3 percent. Yet no one expects this to remain the status quo: the Trump administration has said that it can and will use other legal vehicles to reimpose tariffs.
1 day agoUS Treasury Secretary Scott Bessent told Fox News on Friday that tariffs based on the International Emergency Economic Powers Act (IEEPA) "were custom made for President Trump to assert leverage" against other countries.
1 day agoTech CEOs are locked in an artificial intelligence "arms race" that risks wiping out humanity, top computer science researcher Stuart Russell told AFP on Tuesday, calling for governments to pull the brakes.
3 days agoAs artificial intelligence evolves at a blistering pace, world leaders and thousands of other delegates will discuss how to handle the technology at the AI Impact Summit, which opens Monday in New Delhi.
5 days agoChina's ByteDance has rolled out its Doubao 2.0 model, an upgrade of the country's most widely used artificial-intelligence app, the company said on Saturday.
1 week agoMeta and Google-owned YouTube were accused Monday of pushing highly addictive apps on children as a landmark social media trial began in earnest in a California court.
1 week agoAccording to local reports, Bithumb was meant to send about 2,000 won (US$1.37) to each customer as part of a promotion, but mistakenly transferred roughly 2,000 bitcoins per user.
2 weeks agoThe collaboration is expected to push digital innovation and ensure the safety, scalability and performance of organizations in Indonesia.
2 weeks agoThe court's ruling invalidated a number of tariffs that the Trump administration had imposed on Asian export powerhouses from China and South Korea to Japan and Taiwan, the world's largest chip maker and a key player in tech supply chains.
1 day agoTrump's talks with Chinese President Xi Jinping on an extended visit to Beijing had been expected to revolve around extending a trade truce that kept both countries from further hiking tariffs.
1 day agoBy itself, the ruling is estimated to chop the trade-weighted average US tariff almost in half from 15.4 percent to 8.3 percent. Yet no one expects this to remain the status quo: the Trump administration has said that it can and will use other legal vehicles to reimpose tariffs.
1 day agoWhile the conservative-majority Supreme Court ruled that Trump was not authorized by the International Emergency Economic Powers Act (IEEPA) to impose tariffs, the ruling does not impact sector-specific duties that Trump has imposed on imports of steel, aluminum and various other goods.
1 day agoThe US Supreme Court has struck down President Donald Trump’s sweeping tariffs that he pursued under a law meant for use in national emergencies, rejecting one of his most contentious assertions of his authority in a ruling with major implications for the global economy.
2 days agoAn initiative founded by an Indonesian senior high school student has spotlighted the importance of collaboration in the field of neurodiversity education.
1 day agoWith much of the global conversation currently focused on developments in and around the United States, attention often gravitates toward politics, policy shifts and geopolitical implications. Less visible, but equally important, is how US businesses continue to operate and invest overseas amid this evolving global context.
4 days agoVietnam has granted a license to Elon Musk's Starlink to operate its satellite internet services in the communist country, a government agency said.
1 week agoOne of the first concrete reactions among Asian nations to the decision, it follows Trump's move on Saturday to levy a temporary tariff of 15 percent, the maximum allowed by law, on US imports from all countries, following the court's rejection.
10 hours agoUS Treasury Secretary Scott Bessent told Fox News on Friday that tariffs based on the International Emergency Economic Powers Act (IEEPA) "were custom made for President Trump to assert leverage" against other countries.
1 day agoThe government's decision to reverse its plan for the early retirement of the Cirebon 1 power plant in West Java has raised fresh doubts about Jakarta's energy transition commitment and dashed the hopes of locals who blame the plant for environmental and health problems.
4 days agoThe dollar held gains on Tuesday as markets awaited signals, expected later this week, about the potential timing of rate cuts by the Federal Reserve.
5 days agoAsian markets were subdued on Monday, as the extended Lunar New Year holiday approached and Japan reported lackluster economic growth.
6 days agoAsian 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.
1 week agoGold 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.
1 week agoBonds 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.
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