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China and Hong Kong stocks slid to their lowest levels in two months on Monday, tracking a global tech selloff, but pared losses by midday with some investors using the correction as a buying opportunity.
2 hours agoThe dollar was perched near a two-month high on Monday after a blowout US jobs report sent traders ramping up bets on a Federal Reserve rate hike this year, while the yen teetered further into the intervention zone.
5 hours agoThe impact of the regulation on the banking industry would be uneven, as private banks may lose up to half of their export forex funds.
7 hours agoThe finance minister has hailed "real improvement" across the board in tax collection, which the government said was the result of stronger economic activity and improved implementation of the Coretax platform.
22 hours agoForeign businesses including several international hotel chains have ended or vastly reduced their presence in Cuba ahead of a Friday deadline from US President Donald Trump to sever ties with military conglomerate GAESA, which controls much of the island's economy and is sanctioned by Washington.
1 day agoThe OJK expressed optimism on Friday that "strong banking capital resilience" would help serve as a buffer against the impacts of a weakening rupiah, after unveiling the industry's loan growth figures in April.
1 day agoThe Chinese beverage company, famed for its boba teas and sundaes, is focusing on market expansion as part of its long-term development strategy for Indonesia.
1 day agoBank Indonesia (BI) and the Finance Ministry on Saturday agreed to increase yields on Indonesian assets to attract portfolio inflows and support the rupiah, after the currency hit record lows in the past few weeks.
1 day agoJadrianna Sutrisno, 16-year-old student from Jakarta Intercultural School (JIS), examines the correlation between soil used for agriculture complemented by volcanic ash, and the statistics of stunting in each province.
2 days agoArtificial intelligence company Anthropic suggested Thursday a global pause on building the most powerful AI systems as the latest models are beginning to show signs they could escape human control.
3 days agoWebsite publishers, particularly media outlets, claim that artificial intelligence models take their content without compensation.
4 days agoThe EU will set out on Wednesday how the 27-country bloc hopes to slash its dependence on American and Asian technology, and favor European digital alternatives.
5 days agoChina's central bank is making a broad push to increase the use of digital yuan at home and abroad, several industry sources said, setting Beijing on a different – and potentially competing – path from the United States in shaping the future of money.
1 week agoIndonesia’s government bond markets have remained resilient, supported by policy credibility and a stable domestic investor base amid global volatility, a deputy finance minister said.
3 days agoForeign businesses including several international hotel chains have ended or vastly reduced their presence in Cuba ahead of a Friday deadline from US President Donald Trump to sever ties with military conglomerate GAESA, which controls much of the island's economy and is sanctioned by Washington.
1 day agoThe Chinese beverage company, famed for its boba teas and sundaes, is focusing on market expansion as part of its long-term development strategy for Indonesia.
1 day agoGlobal airline chiefs open their annual summit in Rio de Janeiro on Saturday facing a sharper test of the industry's post-pandemic recovery, as the Iran war drives up fuel costs and disrupts airspace while carriers try to cushion the blow with higher fares and tighter capacity.
1 day agoJapanese tech investor SoftBank will spend 75 billion euros (US$87.5 billion) on artificial intelligence infrastructure in France, its founder Masayoshi Son told a French newspaper in an interview released Saturday.
1 week agoTsingshan Group is considering a major development in Madagascar, the country's mines ministry said, while Lygend Resources, opens new tab is looking at a project in Tanzania as well as restarting the Koniambo operation in New Caledonia, according to industry sources.
3 days agoAs the rupiah plummeted to a historic low against the dollar, the House gave the green light for a legislative amendment that has raised alarm bells over central bank independence.
4 days agoThe trade agency said it would impose additional duties of 12.5 percent on the remaining 45 countries that it investigated.
5 days agoChina and Hong Kong stocks slid to their lowest levels in two months on Monday, tracking a global tech selloff, but pared losses by midday with some investors using the correction as a buying opportunity.
2 hours agoThe dollar was perched near a two-month high on Monday after a blowout US jobs report sent traders ramping up bets on a Federal Reserve rate hike this year, while the yen teetered further into the intervention zone.
5 hours agoBank Indonesia (BI) and the Finance Ministry on Saturday agreed to increase yields on Indonesian assets to attract portfolio inflows and support the rupiah, after the currency hit record lows in the past few weeks.
1 day agoThe Japanese yen is testing the 160 barrier on Friday, prompting pushback from Japanese officials, while the US dollar is on track for a weekly gain as Gulf tensions fuel safe-haven flows.
3 days agoThe dollar clung to its recent strength near a two-month high on Thursday as fresh Gulf hostilities sent oil prices higher and sapped risk appetite, while the Japanese yen hovered near the key 160 level that kept traders on intervention alert.
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