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Noting broad internal support for the decision, Powell said the Fed remains "well-positioned" to assess when or whether another rate cut may be needed.
2 months agoSouth Korean tech giant Samsung Electronics posted record quarterly profits Thursday, riding massive market demand for the memory chips that power artificial intelligence. ...
2 months agoInstagram-owner Meta on Wednesday boosted its capital spending plans for the new year by 73 percent in the pursuit of "superintelligence," an effort to offer deeply personalized artificial intelligence to its large social media user base. ...
2 months agoThe Indonesia Stock Exchange (IDX) temporarily halted trading on Wednesday after shares plunged on a warning from global index provider MSCI that it could downgrade Indonesian stocks to frontier-market status.
2 months agoEvery day, thousands of Indonesians donate blood and plasma, often unaware of the complex scientific and safety-driven processes that transform a single donation into life-saving therapies. As Indonesia advances toward domestic production of plasma-derived medicines, the “donor-to-drug” journey is becoming increasingly relevant for patients, healthcare professionals, policymakers and the wider public.
2 months agoUp 18 percent in a year, Indonesia’s US$1 billion gross merchandise value (GMV) growth is the highest in the region.
2 months agoAs investors have grown increasingly nervous about their exposure to US assets, other currencies and gold have shot up in the past couple of weeks.
2 months agoThe Public Service Obligation (PSO) subsidy for MRT Jakarta in the 2026 regional budget (APBD), which had been cut to Rp 536.7 billion (US$32.11 million), is to be increased to approximately Rp 700 billion, according to MRT president director Tuhiyat.
2 months agoThe Indonesia Stock Exchange (IDX) Composite index nosedived as trading opened on Wednesday following an evaluation by Morgan Stanley Capital International (MSCI) that flags Indonesian stocks.
2 months agoPresident Donald Trump on Tuesday said the United States and South Korea will work out a solution when asked about his surprise Monday announcement that he would increase tariffs on imports from the Asian ally to 25 percent.
2 months agoFailure to meet those commitments allows the government to draw down bank guarantees posted by the companies as penalties.
2 months agoIncoming Bank Indonesia (BI) deputy governor Thomas “Tommy” Djiwandono has suggested ending the so-called burden-sharing scheme between the government and the central bank but wants to harmonize fiscal and monetary policies in other ways to push economic growth.
2 months agoThe new oil deposit, discovered off Riau by EMP's subsidiary Imbang Tata Alam, estimates an OOIP of 31 million barrels for a potential production increase by up to 1,500 barrels of oil per day.
2 months agoChinese athletic goods giant Anta Sports will buy a controlling stake in historic German sportswear brand Puma for US$1.79 billion, a stock exchange filing showed Tuesday, as it expands its international presence.
2 months agoPT North Sumatra Hydro Energy (NSHE), which runs the Batangtoru hydropower facility, is among the 28 firms whose permits were revoked after the floods. The company is controlled by China's state-run SDIC Power Holdings Co. Ltd.
2 months agoThe coal sector to come under further pressure this year, as the correction in coal prices is likely to continue in line with a deeper decline in Indonesia’s coal production.
2 months agoIndonesia continues to face a persistent development financing gap, particularly amid rising infrastructure needs. Addressing this challenge requires innovative and sustainable funding sources to ensure the smooth implementation of national development priorities.
2 months agoGerman companies' investments in China hit a four-year high in 2025, according to data compiled for Reuters, underscoring how US President Donald Trump's trade war is pushing industries and governments to boost business ties elsewhere.
2 months agoThe new unit will produce 250,000 tonnes of coated steel per year, adding to the company’s existing output of 500,000 tonnes.
2 months agoAsian shares advanced on Tuesday as investors hoped for the best from a barrage of US mega-cap earnings, though uncertainty caused by President Donald Trump’s latest tariff moves on South Korea limited broader gains while boosting gold and silver.
2 months agoPresident Prabowo Subianto nominated Thomas, his nephew, on Jan. 19 to replace former deputy BI governor Juda Agung, who resigned with immediate effect on Jan. 13, according to BI.
2 months agoAs private fuel retailers began seeing their annual stocks run low last August, the government refused to issue additional quotas and instead urged them to buy imported base fuel from Pertamina.
2 months agoIn the first such large commitment for months, the IKN Authority has secured a commitment of nearly US$240 million from the Emirati real estate giant to build a mixed-use development in the future capital.
2 months agoMilk is a key component of President Prabowo Subianto’s free nutritious meal program, as promised during his presidential campaign, despite Indonesia’s limited domestic capacity to meet a significant surge in demand.
2 months agoGold surged past US$5,000 per ounce early on Monday following a turbulent week where tensions over Greenland and Iran rattled sentiment, while markets remained on tenterhooks after a rout in bonds and violent spikes in the yen.
2 months agoThe Public Housing and Settlements Ministry plans to transform parts of the long-stalled Meikarta project in Bekasi, West Java, into a subsidized apartment complex (Rusun) to provide affordable homes in urban areas for low-income earners.
2 months agoBeef prices in Indonesia usually climb ahead of Idul Fitri, which is expected to fall on March 21 this year, as seasonal demand rises during Ramadan and the festive period.
2 months agoUS President Donald Trump on Saturday warned Canada that if it concludes a trade deal with China, he will impose a 100 percent tariff on all goods coming over the border.
2 months agoUS business activity was steady in January as an improvement in new orders was offset by a lackluster labor market and lingering concerns among firms over higher costs because of import tariffs, a survey showed on Friday.
2 months agoE-commerce sellers say restrictions on platform fees under a planned new regulation would help them manage pricing more efficiently.
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