Airfares are unlikely to fall significantly despite lower aviation fuel prices this month as airlines continue to grapple with high operating costs and fuel surcharges well above pre-pandemic levels.

Asian stock markets jumped on Wednesday as strong earnings and a resurgence of demand for tech lifted Wall Street to record peaks, while hopes for progress on opening the Strait of Hormuz dragged on oil prices and bond yields.

Rising interest rates are driving up funding costs and squeezing net interest margins (NIM) of banks, with analysts saying lenders will need to step up operational efficiency to sustain profitability.  

Presidential Chief of Staff Dudung Abdurachman revealed that state-owned surveyor PT Sucofindo, which administers the testing program, would soon release 85 delayed surveyor reports after they had indicated the presence of rare earth elements.

The finance minister said the full year GDP growth this year was projected to hover between 5.6 and 6 percent despite the likelihood of a slowdown in the second quarter.

Despite an annual tobacco production shortfall of just 75,000 to 100,000 tonnes, Indonesia imports more than twice that volume from abroad.

South Korea's Kospi swung between gains and losses, with chip giants SK hynix and Samsung, which have been the poster boys of a month-long AI-themed rout, center of attention again.

Communications and Digital Minister Meutya Hafid said the government had begun reviewing the Constitutional Court's ruling and would assess whether regulations needed to be revised.

The purchasing managers’ index (PMI) climbed back above 50 last month as output edged higher and business confidence hit a six-month high, but weak exports and high input costs are keeping manufacturers wary.

Data from Statistics Indonesia (BPS), released on Monday, showed that the June shortfall narrowed from the $1.61 billion deficit recorded in May.

The losses widened from Rp 4.9 trillion recorded for the whole of last year, according to the latest financial report released by state-owned railway company PT Kereta Api Indonesia (KAI).  

Consumer price index growth cooled to 2.88 percent year-on-year in July despite ongoing pressure from high global oil prices, according to the latest report from Statistics Indonesia (BPS).

The yen leapt on Monday, keeping traders on alert for further intervention from authorities to shore up Japan's historically weak currency, days after Tokyo and Washington jointly intervened in the foreign exchange market.

Bali is seen as a possible location for the planned Indonesia International Financial Center (PFII), but can the resort island benefit from the development without becoming overburdened?  

All eyes are on President Prabowo Subianto, who is set to unveil next year's state budget in two weeks, which will reveal whether transfers to regional governments will face another round of cuts.

Low-cost airline Citilink has expanded its fleet 21 percent in the first half of 2026 from the previous semester, as part of a nearly $370 million first-phase funding provided by Danantara to parent company Garuda Indonesia to improve its MRO business.

Ukraine has hit the warehouses of Russia's largest online retailer Wildberries around a dozen times since mid-July, killing at least eight people and knocking out a large chunk of the company's storage capacity.

US petroleum giants ExxonMobil and Chevron released blowout profits Friday due to the Middle East war, as executives cautioned that elevated gasoline prices will probably continue to strain consumers.

The "create image" tool, unveiled Thursday, had integrated Google's Nano Banana 2 image-generation technology into Google Earth, letting users zoom into locations and build pictures in seconds based on the program's satellite, aerial and 3D-mapping data.

AI safety experts say the new disclosures paint a portrait of a group of cutting-edge labs whose ability to develop dangerous autonomous hacking agents outstrips their ability to keep them under control.

In 2024, Singapore secured an exclusive deal with Taylor Swift to make the country her only stop in Southeast Asia, despite her massive fan base in neighboring markets, including Indonesia.   

Less than a week after Perry Warjiyo resigned as the head of Bank Indonesia (BI), names of potential candidates for his replacement have begun to surface.

The government is accelerating the operational launch of the 510-megawatt Batang Toru hydroelectric power plant to reinforce Sumatra’s electricity system, which remains under strain following a hydrological disaster that toppled five transmission towers in November last year.

The President has announced plans to step up railway development across the country, beginning with a cross-island network on Sumatra, as a cost-efficient “instrument of economic democratization” that would improve public transport connectivity, particularly for lower-income communities and people in smaller towns.

China's factory activity unexpectedly slid in July, official data showed Friday, as leaders in the world's second-largest economy struggle to reignite domestic demand.

Business spending on equipment increased at a 15.2 percent pace, notching a second straight quarter of double-digit growth.

Asian markets rallied hard with Wall Street on Friday as South Korea's battered market made a record comeback, stirring hopes that the recent selloff in AI-linked assets may be near an end.