Most Asian stocks sank on Thursday as tech firms came under renewed pressure from worries over the AI boom, with Seoul again taking the brunt of the selling, while oil prices rose further as the US and Iran continued to trade strikes.

Experts warn that without the intensive mentoring long associated with microfinance, an area in which the Red and White Cooperatives still lag, the loans risk turning into bad debt.

Official says other countries are weaponizing technology chokepoints as competition shifts to hardware manufacturing and compute infrastructure.

The banking industry has seen a whopping 260 percent increase in suspected online gambling transactions from 2024 to 2025, according to the OJK, which is working to enhance interinstitutional system integration, enforcement coordination and technological capacity to crack down on the evolving criminal sector.

The Finance Ministry has announced that the capacity of the Coretax platform will be expanded gradually this month to handle all tax-related matters, in an aim to enable better oversight, data accuracy and administrative effectiveness, as well as to increase taxpayer confidence.

US consumer inflation cooled more than expected in June as energy costs fell on a temporary easing of the US-Iran war, government data showed Tuesday, but renewed hostilities could stoke price pressures.

Experts suggested that workforce reductions would likely be framed as early retirement or voluntary resignation packages accompanied by generous compensation.

To make the scheme financially viable, the government has set a domestic reference price for nonsubsidized diesel at Rp 18,600 per liter, based on average production costs. 

In the first and second weeks of July, average daily transactions reached only Rp 10 trillion to Rp 11 trillion, down sharply from more than Rp 22 trillion in June 2026.

French companies are leading two of the eight selected consortia, while Chinese firms will participate in at least four projects, including two as consortium leader.

A new study by Pearson, conducted in partnership with Amazon Web Services, Inc. (AWS), finds that more than half of employers worldwide are unable to find graduates with the AI skills they need.

Stocks fell and oil hit a one-month high in Asian trading on Tuesday after President Donald Trump said the US was reinstating its blockade of Iranian shipping in the Gulf and would collect a 20 percent fee on cargo traversing the Strait of Hormuz.

Producers say this year's additional demand is manageable, but stagnant yields, lower exports and shrinking biodiesel funds could challenge the mandate.

S&P Global has maintained Indonesia’s sovereign credit rating at BBB with a stable outlook.

Environment Minister Mohammad Jumhur Hidayat said the regulation would require around 10,000 large manufacturers to allocate funds for waste management through independent organizations known as packaging recovery organizations (PROs).

Cooperatives Minister Ferry Juliantono stated that the move is part of the broader efforts to scale up cooperatives to be on par with state-owned enterprises (SOEs) or private businesses.   

Oil prices jumped more than four percent Monday after another flare-up between the United States and Iran that threatened their already fragile truce, while Seoul led losses in most Asian stock markets as tech firms suffered another selloff.

An inherent supply-demand gap in the HGBT policy and a disconnect in the domestic supply chain are just a couple of issues that the government must address to ensure sustainability in the long term, says a forum for industrial LPG customers.

The planned Indonesia International Financial Center (PFII) will attract massive foreign capital inflows, the government has claimed, but economists view that as a long-term aspiration rather than a realistic near-term goal, pointing to the challenges of taking on global hubs with long-term track records.

By the senior economy minister's estimates, the project could cost up to $720 million in total to expand capacity from 580 MW at present to the targeted 1.3 GW at around $1 million per MW, though he did not say how much of that might be footed by the American chip-making giant.

The National Press Club urged the Justice Department to "immediately" withdraw the subpoenas.

Launched on Tuesday and integrated into the Meta AI chatbot, Muse Image can use photos as input and allows users to edit AI-generated images directly through sketches.

Under chairman Chey Tae-won, seeking an edge over Samsung, SK Hynix has spent more than a decade betting on high-bandwidth memory (HBM) chips, at the time a niche technology, with the wager eventually paid off as HBM became a critical component in Nvidia's AI accelerators.

Bank lending to micro, small and medium enterprises (MSME) remains sluggish despite multiple policy efforts to invigorate the segment. Analysts blame weak consumer spending power and the risky credit profile of many small businesses.  

The directorate general of highway construction at the Public Works Ministry stated that it received a proposal to postpone new road construction for next year because of the limited available budget. 

Indonesia officially launched its latest biodiesel blending mandate on Thursday, requiring a fuel blend of half palm-based diesel and ​conventional diesel known as B50, as President Prabowo Subianto pushes to cut fuel imports and achieve energy self-sufficiency. The rollout of the new blend will raise domestic palm oil demand.  

The board’s decision reflects confidence in Sinha's leadership, strong performance and delivery of Indosat's AI-led transformation.