Asian equities were mixed in another holiday-thinned trading day Thursday, with investors digesting broadly positive tech earnings that came days after the upheaval caused by China's DeepSeek explosion onto the global AI scene.
3 months agoEmerging from their first policy meeting during President Donald Trump's second term in the White House, Powell said Fed officials are "waiting to see what policies are enacted" before judging the effects on inflation, employment and overall economic activity. ...
3 months agoExperts warned that prolonged setbacks could erode foreign investors' confidence in the country's SOEs governance. ...
3 months agoAfter three interest rate cuts in a row, the US Federal Reserve is expected to take a breather on Wednesday and signal it will remain on pause until the data changes, despite pressure to cut from President Donald Trump.
3 months agoChinese tech company Alibaba on Wednesday released a new version of its Qwen 2.5 artificial intelligence model that it claimed surpassed the highly-acclaimed DeepSeek-V3.
3 months agoJapfa Comfeed Indonesia's parent company has disclosed a privatization plan that involves the Santosa family acquiring 100 percent shares and delisting from the SGX, with Japfa Ltd. making reassurances that this would not affect its Indonesian subsidiary's management or operation.
3 months agoVariety in local food ingredients is key to running the free meals program, given the agency’s main focus on ensuring fulfillment of nutritional standards and not on delivering one type of menu to all recipients across the country.
3 months agoA nascent recovery in technology shares faltered on Tuesday and AI chip leader Nvidia struggled to rise from a record-breaking wipeout sparked by a low-cost Chinese artificial intelligence model that threatens the dominance of US rivals.
3 months agoFreeport-McMoRan CEO Kathleen Quirk said last week that the miner would not be affected by any copper tariffs as they sell all their US copper domestically and their Indonesian metal goes to Asia. But she worried about any potential inflationary effects of copper tariffs.
3 months agoIndonesia has commenced the construction of tin-processing facilities in Batam, Riau Islands, that cost Rp 1.2 trillion (US$73.9 million) to build and start up.
3 months agoUS President Donald Trump said Monday that Microsoft is in talks to acquire TikTok, while the app's future in the country faces uncertainty.
3 months agoThe Japanese yen gave up some of the safe-haven driven gains on Tuesday as investors grappled with the potential implications of a Chinese startup's free open-source artificial intelligence model, while fresh tariff threats had the euro on the back foot.
3 months agoThe Prabowo administration's first 100 days indicate a potential for accelerated debt accumulation to help finance the President's free meals and housing programs, economists say, pointing to a fine balance between spending and revenue generation in the coming years to 2029.
3 months agoEuropean shares slid on Monday as the technology sector joined the retreat in other markets after China's upgraded low-cost, low-power artificial intelligence (AI) model sparked worries about the profits of rivals and the need for costly chips.
3 months agoThe dollar firmed on Monday as traders pondered the ramifications of US President Donald Trump's tariff plans at the start of a week where the Federal Reserve is widely expected to hold interest rates steady.
3 months agoUS President Donald Trump said on Saturday he was in talks with multiple people over buying TikTok and would likely have a decision on the popular app's future in the next 30 days.
3 months agoSales of previously owned US homes slipped to their weakest level in about three decades last year on the back of high housing prices and mortgage rates, according to industry data released Friday.
3 months agoThe Beluga, billed by Airbus as the world's biggest cargo plane in terms of volume transported, looks something like a whale, with a rounded fuselage mounted on an Airbus A300-600 base.
3 months agoThe ads come as Meta is facing heightened scrutiny after CEO Mark Zuckerberg ended the company's US fact-checking program, a key tool in fighting online misinformation, and relaxed content moderation rules to allow more controversial speech, similar to X's policies.
3 months agoFinance Minister Sri Mulyani Indrawati says Rp 306 trillion in budget cuts will be reallocated to initiatives that directly improve the people’s welfare, such as the free meals program, food and energy self-sufficiency and health care.
3 months agoThe Industry Ministry is seeking to expand its collaboration with Boeing in various aviation industry segments, including in maintenance, repair and overhaul (MRO) services.
3 months agoThe Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis, underscoring its confidence that rising wages will keep inflation stable around its 2 percent target.
3 months agoAn in-house workers union has issued a scathing statement demanding the scandal-ridden company to call off the mass layoff planned for next month, maintain its operations and review potential business lines, as well as publish a clarification on an ongoing investigation into alleged fraud.
3 months agoAsian markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen weakened slightly ahead of an expected interest rate hike by the Bank of Japan later in the day.
3 months agoThe government has announced a plan to import 180,000 tonnes of beef and is considering to import another 100,000 tonnes of buffalo meat.
3 months agoThe antitrust agency ordered Google to immediately cease enforcing the mandatory use of its Google Play Billing and to allow developers to introduce alternative billing options next to Google Play's billing system.
3 months agoThe government has finally confirmed an extension to the HGBT subsidy program, but at higher rates of $7 per MMBtu for power plants and $6.5 per MMBtu for industrial use, citing rising global prices of the commodity.
3 months agoThis week, the mercurial magnate said 10 percent tariffs on all Chinese imports could kick in on February 1 -- and on the campaign trail touted a levy as high as 60 percent.
3 months agoThe government aims to increase the 2026 free meals budget nearly six times from this year's initial figure of Rp 71 trillion to cover around five times this year's target of 17.5 million recipients, while it looks for an extra Rp 100 trillion to fund the program until the end of 2025.
3 months agoApple is close to striking a deal with Indonesia to lift a ban on the sale of its iPhone 16, according to the investment minister, but the industry minister remains unconvinced.
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