China's factory activity slipped back into contraction territory in October, official data showed Saturday, despite sustained growth in high-tech industries, as the market for consumer goods weakened.

The industry will need to move urgently, analysts and industry executives said, as United States President Donald Trump's regulators promote deeper integration of digital assets into the financial system, raising the stakes for an industry with a history of big hacks.

According to the Association of Indonesian Automotive Manufacturers (Gaikindo), wholesale hybrid car distribution rose 42.66 percent year-on-year to 65,968 units in January-September 2026, accounting for 9.72 percent of total car sales.

Foreign fund outflows and uncertainty over Indonesia’s MSCI classification pushed the Indonesian benchmark stock index close to the 5,000-point mark, while global concerns over AI spending added to selling pressure.  

Kadin advisory board chairman Hashim Djojohadikusumo, who is also President Prabowo Subianto's younger brother, said Indonesia's state revenue amounted to just 12 percent of GDP, compared with 18 percent in Cambodia and 23 percent in Vietnam.

The Bank of Japan said Friday inflation had hit its two percent target, more than 13 years after it adopted the goal in a bid to pull the economy out of deflation.

Some said it could be the biggest-ever cyberattack of its kind, with a haul exceeding the $1.5 billion stolen in February 2025 from the Bybit platform.

After 30 years at Sampoerna, Ivan Cahyadi is committed to sustaining the company’s legacy by creating opportunities for local talent to grow and lead.

Major Indonesian banks have seen their interest margins continue to decline in the third quarter of this year, putting pressure on profitability amid high benchmark rates and intensifying competition for both borrowers and deposits.  

A research from Indef revealed that around 80 percent of MSMEs had yet to identify new business opportunities from the free meal program.

Revenue rose sharply to $92.8 billion from $68.2 billion in the same period a year earlier.

Anonymous Bloomberg sources have linked the state asset fund's chief investment officer to indirect ownership of shares in PT Supra Sekuritas Indonesia, which they say is among nine brokerages that have been slapped with sanctions on suspicion of market manipulation.

Closing digital gaps matters as ASEAN prepares to sign the Digital Economy Framework Agreement (DEFA) in November 2026, following the conclusion of negotiations.

Tech firms diverged Thursday with a mixed bag of results for some of the AI sector's big beasts tempering the recent spurt of optimism amid growing anxiety about companies' investment and debt.

The 12-member Federal Open Market Committee voted 10-2 to hold rates at a target range between 3.75 to 4.00 percent, citing the need for more data in the fight against inflation, after having hiked for the first time in three years at its previous meeting in September.

Yields on medium- and long-term government bonds have increased significantly in just two weeks as demand nosedived after MSCI announced a possible reclassification of Indonesian stocks. The 10-year yield now sits at a four-year high, while the rupiah is trading near its all-time low.  

Following a working visit to Seoul, BP Batam deputy for investment Fary Djemy Francis celebrated Batam’s achievements and pondered on the constant work to improve the island for its residents.

Previously, Coordinating Downstream and Energy Transition Minister Bahlil Lahadalia claimed that Indonesia no longer bought crude oil from the Middle East and was diversifying its sources to other countries, including India and China.

Toyota stressed the need for stimulus to boost spending power and revive new car sales, noting that Indonesia’s automotive industry had experienced a shift in demand toward used vehicles.

The investment follows a $31.6 billion joint venture agreement signed at the US Chamber of Commerce in Washington, D.C., on Feb. 18, with President Prabowo Subianto witnessing the signing.  

Technology firms surged across Asia on Wednesday after blockbuster earnings from chip giant SK hynix helped boost optimism in the AI trade ahead of results from Wall Street titans Microsoft and Alphabet.

As prices climb, families are switching to cheaper food, personal care products and health services, while cutting back on savings and leisure.

Higher-than-expected demand for subsidized gasoline is expected to add tens of trillions of rupiah to the state budget as the government looks to increase imports at a time of high global oil prices.

The world is changing and the EU, with 450 million consumers, has become more active in seeking and building on partnerships to expand free trade with open competition, reliability and a rules-based order, Merz said during a visit to Singapore. 

Passed by the House of Representatives on Oct. 6, the law introduces a severance reserve fund as one of many measures aimed at giving workers greater security.

Deputy Haj and Umrah Minister Dahnil Anzar Simanjuntak said that President Prabowo Subianto's emphasis on economic sovereignty should also extend to haj and umrah services.

The state asset fund said it wanted to restructure Pos Indonesia’s finances and leverage its 4,000 distribution channels across the country instead.