Meta Platforms said in a court filing on Monday that four states were seeking US$1.4 trillion in penalties over accusations the company designed its Facebook and Instagram platforms to addict young users and misled the public about their safety.

Samsung's estimate would be the "largest quarterly operating profit in history", beating that of AI chip titan Nvidia, said Kim Dae-jong, a business administration professor at Sejong University.

A shortage of critical minerals is starting to affect the broader Japanese economy, adding a sense of urgency for Prime Minister Sanae Takaichi's government to find alternatives to exports that China has cut off, according to recent corporate filings.

An early draft version contains stipulations on special legal and taxation powers, which experts say could leave the country open to illicit financial activities such as money laundering with few economic benefits.

Indonesian sovereign wealth fund ​Danantara and Singapore's Keppel Electric, Sembcorp ‌Industries and Singapore Energy Interconnections have signed a memorandum of understanding for ​a cross-border electricity project, Singapore's ​prime minister said on Monday.

In a bid to cut annual LNG imports totaling around Rp 500 trillion to fill a gaping shortfall of nearly 7 million tonnes, the government is pushing to accelerate development on a CNG central compression station to exploit substantial methane reserves in South Sumatra.

The government has slashed by half its planned rollout of KMP units in October from 80,000 to just 40,000, while the finance minister is adamant that any unnecessary augmentations to the original program will be ditched before implementation.

Asian share markets eased on Monday as caution took hold ahead of a crucial earnings season for the artificial intelligence sector, while the potential for increased supply weighed on oil prices and promised relief from inflationary pressures.

School holidays are officially here, bringing with them comes the perfect excuse to rediscover our own neighborhood. This season, Gojek is transforming the way Indonesians explore their cities with the launch of Jalan Jajan, a curated, hyper-local recommendation playbook embedded right inside the Gojek app while championing local business.

Corporate filings show Danantara chief technology officer Sigit Puji Sentosa is expected to lead new fund DDMF, while Rachmat Kaimuddin, currently deputy for basic infrastructure coordination at the Office of the Coordinating Infrastructure and Regional Development Minister, has been appointed to its executive team.

As Indonesia begins biometric SIM card registration for new subscribers, operators and cybersecurity experts say the policy's success will depend on infrastructure readiness, digital literacy and strong data protection.  

The planned investment by Queensland-based Pure Battery Technologies (PBT) is intended to fill the gap in the domestic supply chain by building capacity to produce battery precursor materials, one of the highest-value segments in the nickel industry.

Pavia is at the heart of Italy's rice-making industry. The province regularly produces nearly 5 million tonnes of the grain each year. But this year there was not enough spring rain and its rice farmers are despondent.

Thousands of workers demonstrated outside Mercedes-Benz factories in Germany Friday over the premium carmaker's cost-saving plans, kicking off an expected wave of protests in the country's crisis-wracked auto industry.

Soon after disembarking at Hong Kong's train station, Chinese private investor Feng was opening a stock trading account at a nearby brokerage, hoping to evade tighter restrictions on capital leaving the country.

Footwear manufacturers say the next few months will be critical and warn that layoffs could become unavoidable should uncertainty and weak domestic spending persist.

Economists and industry groups welcome Indonesia's plan to export rice to Singapore as a way to ease excess stocks but caution that quality upgrades and careful supply management will be key to securing a foothold in export markets.

State-owned shipbuilder PT PAL Indonesia has begun the physical construction of two Scorpène-class submarines in a partnership with France’s Naval Group, marking a significant milestone in Indonesia’s push to modernize its naval defense forces.

Asian stocks rose Friday as tech firms enjoyed a much-needed reprieve from the heavy selling of recent weeks, with a big miss on US jobs creation soothing worries over a Federal Reserve interest rate hike.

The United States posted weaker-than-expected job growth in June as new data showed the labor market is facing headwinds ahead of testing midterm elections for President Donald Trump's Republicans.

Indonesia Investment Authority (INA), the country’s first sovereign wealth fund, has no immediate plans to issue debt, because it has sufficient capital to fund investments, its new chief executive says, despite recent market volatility weighing on some of its portfolio.   

While exploring different options was par for the course in seeking potential partnerships, experts agree that careful consideration in package composition vis-à-vis Indonesia's needs and goals, including compliance with any existing deals, is key to realizing its nuclear energy ambitions.

Indonesia's manufacturing sector suffered its sharpest contraction in a year, with the PMI plunging to 46.9 in June as new orders dried up and factory-gate prices rose at the fastest pace in nearly 13 years, intensifying calls for government help.

The Indonesian Quarantine Agency (Barantin) said it is currently simplifying 22 agency regulations and coordinating with multiple ministries to implement a single submission and single inspection system.

Jakarta Governor Pramono Anung said that the move came as a response to the “Rp 15 trillion cut” in regional transfer funds (TKD) from the central government, which brought “fiscal pressure” on the capital province.

OpenAI has discussed giving the US government a 5 percent stake, the Financial Times reported on Thursday, as AI firms face growing scrutiny in Washington over the potential misuse of advanced models and whether Americans will share in the sector's profits.

Asian shares skidded on Thursday as investors rotated out of chipmakers following a stellar quarter, while currency and bond markets braced for US jobs data that could gives hints about the risk of interest rate hikes.