Private bankers and asset allocators told Reuters that Asian investors are increasingly seeking asset diversification compared to their usual allocations to equities and bonds.

Asian shares inched higher on Wednesday as those related to artificial intelligence found respite after a selloff, while any gain was tempered by elevated oil prices and caution ahead of United States inflation data later in the global day.

Japanese pensions, Indonesia's sovereign wealth fund looking to add exposure to hedge funds

Seoul, Tokyo and Taipei led losses across Asian stock markets on Tuesday as technology firms plunged on fresh worries about the outlook for the AI investment boom, with traders preparing for a crucial earnings season and release of key US data.

The dollar held ground near its strongest level in a year and a half in early Asian trade on Monday as an escalating Middle East conflict kept investors wary ahead of key US inflation data later this week that will influence monetary policy.

Anxiety returned as figures showed Tehran had increased strikes on tankers in the Strait of Hormuz, Houthis rebutted claims they had lost key territory and top oil officials warned that global reserves were running worryingly low.

Both global benchmark Brent and West Texas Intermediate rebounded Tuesday and rose in early Asian trade, as figures showed Tehran had increased strikes on tankers in the crucial Strait of Hormuz.

The euro weakened sharply on Monday to a 17-month low as fiscal worries in France amid a steep bond market rout stoked fears of contagion risks in the region, helping the dollar shrug off soft US jobs data that dented near-term rate hike expectations.

Crude oil exports from the Middle East rose above pre-war levels in four of the seven days of the final week of September, shipping data showed on Monday, despite attacks on vessels passing through the Strait of Hormuz.

Aramco has been looking ​at offering discounts for oil loaded off Oman to compensate buyers for record freight ​rates, people familiar with the matter said last week, as it sought to protect its market ‌share ⁠after the regional conflict hit exports.

In February, Danantara CEO Rosan Roeslani said that it was common practice for sovereign wealth funds (SWFs), a role Danantara partly fulfills, to hold stakes in global bourses, typically ranging from 15 to 30 percent.  

The US dollar headed for its third straight week of gains on Friday, perched at a 17-month high as a bond market rout pushed borrowing costs across the globe to multi-decade peaks in the face of inflationary fears over higher oil prices.

The rise in borrowing costs has been front-and-center for investors, given that sovereign yields are an anchor for global markets, a reference price for investing in riskier stocks and a benchmark for mortgages and corporate borrowing.

The rupiah has again breached a psychological threshold against the United States dollar as fading hope for a swift settlement of the Iran war pushes up global energy prices and inflation in Indonesia, triggering fresh capital outflows from Indonesia.

Hopes for an easing of Middle East tensions were dashed at the weekend when Donald Trump rejected Iran's offer for a seven-day truce.

Several other stocks were affected by the price floor change and hit the lower auto-rejection limit, including tech giant PT GoTo Gojek Tokopedia, property developer PT Lippo Karawaci and PT Repower Asia Indonesia, as well as rice producer PT Buyung Poetra Sembada.  

At a hearing with the House of Representatives on Monday, BI Governor Destry Damayanti said the central bank had reduced its spot market foreign exchange interventions to 30 percent of total interventions because they were too costly.

Oil prices spiked with bond yields Monday as Donald Trump's rejection of an Iranian offer of a seven-day truce stoked inflation concerns, while stocks were mixed as traders look ahead to the release of key US data.

The rebound came following a recovery in exports via the Strait of Hormuz, which were set to hit about 7.4 million bpd this month.

The dollar rose to its strongest level in two months on Wednesday on prospects of interest rate hikes in the near term, although easing oil prices could alter the global inflation and monetary policy outlook.

Stock markets climbed on Tuesday as the success of Meta's new AI agent and US-China talks on artificial intelligence fanned a tech-led rally.

The US dollar hit a seven-week high against its major peers, underpinned by a jump in short-term Treasury yields as markets ramped up wagers that the Fed may have to lift rates again, with a move by December fully priced in.

Stocks made tentative gains at the start of the Asian trading session on Wednesday as a rise in global bond yields and oil prices paused ahead of the Federal Reserve's policy decision due later in the day.

The Indonesia Stock Exchange (IDX) plans to issue the list of short-selling securities on Sept. 28, which is slated to take effect in October.  

The dollar inched up to trade near a two-week high on Tuesday as surging oil prices lifted Treasury yields and reinforced expectations that the Federal Reserve will raise interest rates this week.

The Energy and Mineral Resources Ministry is targeting a carbon price of $40 per tonne, up sharply from the current level of $4-5 per tonne.

Anthropic CEO Dario Amodei called on AI companies to slow the rate at which they advance model capabilities amid mounting fears of misuse of artificial intelligence. Both Elon Musk, who runs xAI, and Sam Altman, CEO of OpenAI, said that they agree with Amodei.