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Asian stocks advanced on Thursday after upbeat earnings from Nvidia soothed concerns over AI-driven disruption and rising costs, while the yen was in the doldrums, bogged down by a murky rate outlook in Japan.
1 day agoAsian stocks stabilized after a wobbly start on Tuesday as a fresh AI-linked selloff on Wall Street rattled investors, with sentiment also hurt by heightened anxiety over US President Donald Trump's tariff policy and geopolitical tensions. ...
3 days agoThe IDX, along with the OJK, has announced a new policy to double the minimum free float requirement to 15 percent from 7.5 percent at present, using a case-by-case approach in addition to assistance for listed firms for gradual implementation by March. ...
3 days agoEurope's main stock index fell to a three-month low on Tuesday, as heightened geopolitical tensions following Russia's warning on its updated nuclear doctrine prompted investors to shift from risk assets to safe havens.
1 year agoThe government apparently sees no problem with local miners importing nickel ore for further processing at their smelters, with the APNI warning that the current expansion in smelters could quickly deplete domestic reserves.
1 year agoThe IDX Composite declined for the fourth consecutive trading day on Monday, falling by 0.38 percent to 7,134.28 amid significant capital outflows.
1 year agoAsian markets were mixed Monday following a sell-off on Wall Street as investors scale back their bets on Federal Reserve interest rate cuts owing to worries Donald Trump could reignite inflation.
1 year agoThe IDX Composite index fell by 0.74 percent to 7,161.25 on Friday, weighed down by global Fed rate concerns and domestic value added tax (VAT) hike fears.
1 year agoThe government has held discussions with airlines on cost structure, but Deputy Transportation Minister Suntana cannot provide the exact fare reduction amount, saying it was still being calculated.
1 year agoDespite strong performance in exports, trade surplus narrowed to a three-month low of $2.47 billion in October.
1 year agoThe IDX Composite index dropped 1.29 percent to 7,214.56 on Thursday, with the tech sector as the only gainer.
1 year agoAsian markets fell again Wednesday as traders fret over the impact of Donald Trump's presidency on the Chinese and global economies, with fears that his policies could also reignite US inflation.
1 year agoOn the sidelines of COP29 in Azerbaijan, special presidential envoy Hashim said the President was committed to generating an additional 100 GW of electricity in the next 15 years, 75 percent of which would come from renewable energy sources, including nuclear, as part of a wider net-zero strategy that involves CCS and forest rehabilitation.
1 year agoThe US dollar traded close to a four-month peak versus major peers on Tuesday, while bitcoin extended its record rally as investors continued to pile into trades seen as benefiting from the incoming Donald Trump administration.
1 year agoAfter a volatile start and a midday rebound on Monday, the IDX Composite closed down 0.28 percent amid foreign capital outflows and US policy concerns.
1 year agoThe protest took place amid the government’s plan to increase milk consumption in the country, including through the flagship free nutritious meal program promised by President Prabowo Subianto during his campaign for the February election.
1 year agoWall Street shares mostly rose but global stock markets fell on Friday following rallies this week as investors weighed the impact of Donald Trump's presidential election win and efforts to prop up China's economy.
1 year agoAsian equities extended gains Friday, tracking another Wall Street record after the Federal Reserve cut interest rates and on the prospect of market-friendly policies from a Trump administration.
1 year agoPilarmas Investindo Sekuritas noted that the IDX Composite closing 1.90 percent down on Thursday at 7,243.86 was due to negative market perception following Trump's reelection on Tuesday.
1 year agoAsian equities fluctuated Thursday, while the dollar held gains and bitcoin hit a fresh record as markets try to ascertain the consequences of a second Donald Trump presidency after he pledged to cut taxes and ramp up tariffs with an eye on China.
1 year agoUS stock futures and the dollar pushed higher in Asia on Wednesday as early results from the US presidential election suggested the race remained too close to call, leaving investors jumping at shadows.
1 year agoThe IDX Composite index closed 0.17 percent higher at 7,491.93 on Tuesday, driven by gains in energy and consumer sectors, despite early losses and signs of slowing economic growth.
1 year agoThe dollar slipped in Asia on Monday as investors braced for a potential pivot this week for the global economy as the United States chooses a new leader, and as it likely cuts interest rates again with major implications for bond yields.
1 year agoWarren Buffett and Berkshire Hathaway extended their retreat from stocks in the third quarter, slashing their holdings in Apple and boosting cash to a record $325.2 billion.
1 year agoThe IDX Composite index closed down 0.91 percent at 7,505.26 on Friday, influenced by a new series of economic data, including inflation and manufacturing trends.
1 year agoThe Bank of Japan maintained ultra-low interest rates on Thursday and signaled the need to scrutinize global economic developments, highlighting its focus on risks to a fragile domestic recovery in deciding when to next tighten policy.
1 year agoThai authorities announced on Oct. 24 that laboratory tests had found high levels of pesticide residue in 23 of 24 samples of the grapes collected in Bangkok and its surroundings.
1 year agoThe government plans to import 1 million tonnes of rice in early 2025 to meet demand amid a projected decline in domestic production this year.
1 year agoInvestors are selling yen and taking shelter in cash, India, pockets of China's markets and Singapore dollars ahead of a US election that could shake out global money and trade flows.
1 year agoThe IDX Composite index dropped 0.78 percent to 7,634.63 on Monday, as global tensions and sectoral declines weighed on the market.
1 year agoOil prices tumbled Monday with markets relieved that Israel's strikes on Iran had avoided the country's energy infrastructure while the yen fell to a three-month low after Japan's ruling party suffered an election drubbing.
1 year agoThe IDX Composite index dropped by 0.28 percent to 7,694.66 on Friday, as the technology sector led declines and investors remained cautious about policy signals.
1 year agoIDX Composite fell by 0.91 percent on Thursday, weighed down by external factors, including rising US bond yields.
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