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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. ...
4 days agoGlobal investors are turning bearish on once-favored Japanese stocks following last week's turbulence as they reassess economic prospects and the viability of yen-funded trades.
1 year agoChinese airlines are gaining market share on international routes, industry data shows, as foreign rivals are deterred by weak China travel demand and rising costs and extended flight times because of the need to avoid Russian airspace.
1 year agoThe Upstream Oil and Gas Regulatory Special Task Force (SKK Migas) has complained that vacancies in oil and gas projects run by Indonesian companies remain unfilled because qualified professionals are hired by foreign companies for projects abroad.
1 year agoAsian shares are ending a rough week on a high as Japanese stocks are close to recouping all of the huge losses from Monday, while the yen slipped again as markets pared back the chance of an outsized US rate cut.
1 year agoHowever, an expert cautioned that declining purchasing power in the domestic real sector could force companies to delay expansion and refinancing plans, thereby reducing their need for bond financing.
1 year agoThe decline is mostly driven by unit-linked products that insurers placed in stock and mutual fund instruments.
1 year agoTech shares led a selloff in stock markets around Asia, while the yen and US bonds rebounded, as global investors struggled to find their footing in a wild week for markets.
1 year agoAsian stocks rose again Wednesday as some stability returned after a volatile start to the week, though Tokyo saw more big swings and the yen weakened further as analysts warned more upheaval could be in store.
1 year agoAsian equities rallied Tuesday after the previous day's global rout fuelled by US recession fears that have led to calls for the Federal Reserve to cut interest rates before its next meeting.
1 year agoThe association has blamed P2P loans as one of the prominent causes behind the bad credit history of potential homeowners, citing that 40 percent of mortgage applications were turned down by banks because of this reason.
1 year agoThe government is waiting for follow-up from China's Sinopec on five depleting oil fields operated by Indonesia's Pertamina EP.
1 year agoShare markets tumbled and bonds rallied in Asia on Monday as fears the United States could be heading for recession sent investors rushing from risk assets while wagering that rapid fire rate cuts will be needed to rescue growth.
1 year agoThe energy ministry's Geological Agency has proposed that two potential rare earth reserves in West Sulawesi's Mamuju regency be designated as new mine operating permit areas (WIUPs) amid the government's push to develop the rare earth downstream industry.
1 year agoTokyo led losses across Asia on Friday due to a stronger yen and expectations for more Japanese rate hikes, while disappointing data sparked a plunge on Wall Street and fuelled fresh fears of a US recession.
1 year agoThe Chinese special administrative region pitches itself as hub for tech and finance and highlights proximity to the mainland market as reasons for Indonesian firms to set up shop.
1 year agoAgriculture Minister Amran Sulaiman said on Monday that he assured these foreign procurements were temporary and the government would make effort to reduce reliance for imports.
1 year agoAsian markets edged down Tuesday as investors jockey ahead of a slew of central bank decisions, key economic data and earnings from tech titans this week.
1 year agoAsian markets rallied Monday, tracking a surge on Wall Street after data showing US inflation slowed further in June stoked hopes the Federal Reserve will cut interest rates.
1 year agoThe Batang integrated industrial park already hosts nearly 20 companies in 10 percent of its total area of 4,300 hectares, including South Korea's LG Energy Solution and glass maker KCC Glass.
1 year agoAsian markets tumbled Thursday after a tech-fueled sell-off saw Wall Street tank, as disappointing earnings caused traders to panic that a months-long rally in the sector may have been overdone.
1 year agoGovernment officials say no decision has been made to buy Russian oil but have not ruled out such purchases in the future.
1 year agoAircraft orders unveiled at Farnborough Airshow this week focused chiefly on the wide-body market, reflecting the desire of airlines to meet a revival in long-haul demand despite production woes.
1 year agoThe IDX Composite Index closed in the red on Tuesday, dropping 0.11 percent to 7,313.85 amid major bank stock declines. The day's trading volume was low, with Rp 8.31 trillion in transactions and mixed sectoral performance.
1 year agoAsian shares slid anew on Monday, getting little lift from a surprise rate cut by China's central bank, while Wall Street futures firmed in the wake of President Joe Biden's decision to bow out of the election race.
1 year agoExpectations for the IDX Composite dimmed amid concerns over the incoming government’s policy and uncertainty about the central bank’s interest rate cut.
1 year agoThe market has shown little to no reaction to the appointment of three new deputy ministers under President Joko “Jokowi” Widodo, two of which have close ties with president-elect Prabowo Subianto, as global circumstances play a more commanding role for traders.
1 year agoAsian shares are set to end the week on a sour note, as uncertainty across the geopolitical landscape and in major economies added to headwinds for investors even as the global rate easing cycle gets under way.
1 year agoAsian markets sank with Wall Street on Thursday after a warning from the White House that it would target firms supplying China with key semiconductor technology, and Donald Trump's comments on crucial chip supplier Taiwan.
1 year agoThe price of gold soared Tuesday to a record peak, propelled by trader expectations of falling US interest rates in September as inflation cools.
1 year agoMore and more Jakartans were opting to rent houses in the first quarter of the year amid high home prices, interest rates and inflation, according to several leading property consultancies.
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