Asian share markets rallied on Monday as investors looked forward to a rate cut in Europe, and quite possibly Canada, as the next step in global policy easing, though sticky inflation threatens to make the process a drawn out affair.

Standard & Poor's (S&P) decision to downgrade its rating on France's sovereign debt should in the short term deliver more political sting than pain in financial markets.

Asian stocks rose on Friday and were poised for the fourth month of gains, while the dollar drifted lower, keeping the yen steady as investors await inflation readings from Europe and the US that will likely dictate the path of interest rates globally.

The IDX Composite retreated 1.49 percent, ending at 7,034.14 on Thursday, as BREN’s sharp decline and a spike in global yields contributed to market unease.

The minister did not specify whether the government would approve or reject the proposal from the Chinese investors to erect its cement factory.

VinFast announced in 2022 that it would build an EV and battery factory in the United States with an annual production capacity of 150,000 vehicles, seeking to take advantage of the Biden administration's efforts to approve subsidies for EVs made in America.

The IDX Composite’s 1.08 percent gain reflected the market’s upbeat reaction to the ECB’s hints at future interest rate reductions.

President-elect Prabowo Subianto’s plan to raise the share of crude palm oil in biofuel could cause a palm oil deficit in the country, the Indonesian Palm Oil Farmers Association (Apkasindo) has warned.

Asian markets were mixed Tuesday as investors took a breather after the previous day's rally and as they gear up for the release of key US inflation data later in the week.

The Indonesia Stock Exchange (IDX) Composite index's 0.64 percent drop on Monday reflects cautious trading as IPOT notes unusual foreign fund outflows and market risks this week.

The national mining industry association says domestic producers are likely to miss this year's coal output target amid ongoing oversupply in the global market, and possibly see a continuing decline in production over the next two years.

The dollar headed for its largest weekly rise in a month and a half on Friday as surprisingly strong US economic data has left markets on edge about the outlook for US inflation and interest rates.

Markets fell in Asia on Friday, tracking a sell-off on Wall Street sparked by a string of better-than-expected US data that added to worries the Federal Reserve will hold off on cutting interest rates this year.

New Caledonia holds the world's fifth largest reserves of nickel, a metal mainly used in stainless steel and increasingly for electric vehicle batteries, and in 2023 ranked No. 3 globally in terms of mined nickel.

Asian investors fought Wednesday to revive a recent rally across markets as they turned their focus on the release later in the day of earnings from US tech darling Nvidia.

The IDX Composite index dropped 1.11% to 7,186.03 points at the close of trading on Tuesday, ahead of the long weekend.

Asian stocks drifted lower while the dollar held firm on Tuesday as investors awaited minutes of the Federal Reserve's latest policy meeting to gauge the timing and extent of possible interest rate cuts this year.

The IDX Composite index ended Monday's trading down by 50.54 points, 0.69 percent, with six sector indices falling into the red zone.

Copper and gold made record highs in Asia trade on Monday and silver surged over $30. The breakout gains were all the more noteworthy while bonds and currencies settled into ranges and with uncertainty rather than optimism on the outlook.

The state-owned oil and gas giant's renewable energy arm is aiming to increase capacity at its geothermal plants to capitalize on future growth in both carbon credit demand and prices.

Asian stocks inched lower on Friday as traders pondered the near-term US monetary policy path after Federal Reserve officials suggested that interest rates may need to stay higher for longer even as inflation shows early signs of easing.

Asian stock markets rallied on Thursday, buoyed by Wall Street's surge to all-time peaks overnight after a milder US inflation report raised expectations the Federal Reserve will deliver at least two rate cuts this year.

Asian markets wobbled Wednesday ahead of key US inflation data later in the day, with traders struggling to pick up the baton after a record performance on Wall Street.

Asian shares hovered around 15-month highs on Tuesday and the dollar was firm ahead of highly anticipated US inflation data, while Japanese bonds were squeezed as the central bank pulled back a little on its bond buying program.

The IDX Composite began the week positively on Monday, ending at 7,099.26, up 10.47 points or 0.15 percent from the previous trading session.

Asian shares crept to 15-month highs on Monday in a week where inflation figures could make or break hopes for earlier US rate cuts, while Chinese activity data will test optimism about a sustained recovery in the world's No. 2 economy.

Asian stocks rose on Friday, on course for a third week of gains, while the dollar was on the back foot as fresh signs of an easing US labor market stoked optimism around interest rate cuts this year ahead of next week's crucial inflation data.

The IDX Composite dipped by 0.17 percent to 7,123.61 following fluctuations on Tuesday while its international counterparts saw more positive trends.

Asian shares made 15-month highs on Tuesday on renewed confidence of US interest rate cuts, while traders waited on a policy meeting in Australia later in the day and had a close eye on a falling yen.

The IDX Composite kicked off the new week with a slight 0.02 percent uptick on Monday, buoyed by Indonesia’s strong economic performance in the early months of 2024.