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Despite the deadlock, lawmakers are still targeting Oct. 8, or sooner, to pass the bill before entering a recess that will last until next month.
40 minutes agoDanantara would retain its SOE dividends and use them to invest for projects and as “leverage” to attract private capital rather than simply transferred to the state budget, the Finance Ministry noted.
5 hours agoThe government is rolling out a new stimulus package to support consumer spending and employment in the fourth quarter of 2026, with some measures to remain in place after the turn of the year.
6 hours agoThe euro weakened sharply on Monday to a 17-month low as fiscal worries in France amid a steep bond market rout stoked fears of contagion risks in the region, helping the dollar shrug off soft US jobs data that dented near-term rate hike expectations.
9 hours agoCrude oil exports from the Middle East rose above pre-war levels in four of the seven days of the final week of September, shipping data showed on Monday, despite attacks on vessels passing through the Strait of Hormuz.
10 hours agoAramco has been looking at offering discounts for oil loaded off Oman to compensate buyers for record freight rates, people familiar with the matter said last week, as it sought to protect its market share after the regional conflict hit exports.
11 hours agoThe 2027 budget plan passed last week foresees the highest tax revenue relative to gross domestic product in the past decade, which the government aims to achieve without introducing new levies or hiking rates.
14 hours agoFollowing the recent B50 rollout, the state asset fund is aiming to invest in ethanol infrastructure toward gradual implementation of a national fuel mandate beginning with an E20 program.
1 day agoThe administration faces increasing scrutiny over risks posed by advanced AI, after OpenAI and Anthropic reported their AI agents had gone rogue and hacked into other companies' systems.
5 days agoTikTok will pay Alabama at least $100 million under the settlement, but the state's payout could grow to $300 million if 40 other attorneys general sign on to similar agreements with the company within a specified timeframe, according to the settlement.
1 week agoArtificial Intelligence is a tool to help people understand health more deeply, recognize risks earlier, and take more appropriate action, while clinical responsibility remains with physicians and healthcare professionals.
1 week agoAustralian Prime Minister Anthony Albanese said the proposed measure was not intended to grant governments greater authority, but rather to restore individuals' control over their content choices.
1 week agoAlibaba Group plans to train a new artificial intelligence model with between 5 trillion and 10 trillion parameters, chief executive Eddie Wu said on Tuesday, as the Chinese technology giant outlined a sweeping strategy encompassing AI models, chips and data centers.
1 week agoThe meeting covered plans to "operationalize" a process agreed in May for each side to identify potential tariff cuts on non-strategic goods, called the "Board of Trade."
2 weeks agoThe disruptions from tariffs and Trump's reversals of US policies favoring electric vehicles have weighed on the US auto supplier sector, which provides parts and technology and employs some 930,000 people in the United States.
1 day agoSimmering trade tensions between Beijing and Brussels have threatened to become a full-blown trade war as the 27-nation bloc scrambles to defend its industries against a flood of Chinese exports critics argue are supported by vast subsidies.
2 days agoA "handful" of Group of 20 trade ministers rejected calls by the United States to curb excess industrial capacity and "non-market" policies, the US Trade Representative's office said on Friday, exposing divisions within the group of major economies.
2 days agoBoeing is working to formalize a procedure with airlines that would allow pilots to restore automated flight guidance in case the glitch occurs.
2 days agoPRENAGEN reiterates its commitment to creating a safe space and a supporting system for women through their #SiapaTakutJadiIbu campaign, as they introduce Ji Chang-wook as new brand ambassador to ease their worries with a special message.
3 days agoThe meeting also highlighted the role of the Japan Thematic Fund (JTF), an initiative aimed at strengthening investment and business opportunities between Japan and Southeast Asia, with Indonesia as one of its key markets.
4 days agoUnited States air safety regulators are delaying certification of the 737 MAX 10 until determining a fresh software glitch poses no safety risk, a top official said Monday.
6 days agoThe euro weakened sharply on Monday to a 17-month low as fiscal worries in France amid a steep bond market rout stoked fears of contagion risks in the region, helping the dollar shrug off soft US jobs data that dented near-term rate hike expectations.
9 hours agoCrude oil exports from the Middle East rose above pre-war levels in four of the seven days of the final week of September, shipping data showed on Monday, despite attacks on vessels passing through the Strait of Hormuz.
10 hours agoAramco has been looking at offering discounts for oil loaded off Oman to compensate buyers for record freight rates, people familiar with the matter said last week, as it sought to protect its market share after the regional conflict hit exports.
11 hours agoThe US dollar headed for its third straight week of gains on Friday, perched at a 17-month high as a bond market rout pushed borrowing costs across the globe to multi-decade peaks in the face of inflationary fears over higher oil prices.
3 days agoThe rise in borrowing costs has been front-and-center for investors, given that sovereign yields are an anchor for global markets, a reference price for investing in riskier stocks and a benchmark for mortgages and corporate borrowing.
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