A specialist trader works on the floor at the New York Stock Exchange (NYSE) in New York City, US, on Feb. 11, 2026.

Asia shares rise in relief rally as Nvidia beats the street

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 ago

Markets

Asia stocks try to steady after Wall St selloff dims mood

Asian 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 ago

Markets premium

Listed firms to unlock $11b in new shares to boost free float, says IDX

The 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 ago

The Latest

Attendees look at stock prices at the opening of trade on the Indonesia Stock Exchange (IDX) in Jakarta on Jan. 2, 2024. The IDX Composite slipped 0.17 percent to 7,316.11 points on Feb. 29, 2024, as inflation in Indonesia was expected to have risen by 0.25 percent in February.

Markets

IDX Composite dips 0.17% amid expectations of increased inflation

The IDX Composite slipped 0.17 percent to 7,316.11 points on Thursday as investors awaited inflation data from Statistics Indonesia (BPS).

1 year ago

A worker carries a sack of rice on Feb. 13, 2024 at a warehouse in Jakarta.

Markets premium

KPPU sets up fact-finding team to probe surge in rice prices

Building on the information uncovered during a focus group discussion on Wednesday, a special team will be deployed to investigate potential market manipulation related to the surge in rice prices, the Business Competition Supervisory Commission (KPPU) has announced.

1 year ago

People cross an intersection in the central business district of Hong Kong, China, on Feb. 27, 2024.

Markets

Asian markets rise ahead of US inflation data

Asian shares mostly rose on Thursday ahead of the release of crucial inflation data later in the day that will help chart the Fed's rate cut timeline.

1 year ago

A representation of virtual currency Bitcoin and US$1 banknotes are seen in front of a stock graph.

Markets

Dollar waits on US inflation reading, bitcoin tops $60,000

The US dollar was firm and the yen was headed for a monthly loss in the lead up to US inflation data that could ruffle the interest rate outlook, while bitcoin surged above $60,000.

1 year ago

Attendees look at stock trading movements Jan. 2, 2024, during the opening ceremony at the Indonesia Stock Exchange (IDX) in Jakarta. The IDX Composite (IHSG) rose by 0.59 percent to 7,328.63 on Feb. 28, 2024, with transactions totaling Rp 10.5 trillion (US$672 million).

Markets

IDX Composite strengthens to 7,300 level on Wednesday

The IDX Composite rose by 0.59 percent to 7,328.63 on Wednesday, with transactions totaling Rp 10.5 trillion (US$672 million).

1 year ago

Workers from state-owned fishery company Perum Perindo load octopus for exporting to Japan at the Nizam Zachman fishery port in North Jakarta, in this undated handout photo.

Markets premium

Recession in export markets cut into Indonesia's fishery products

While recessions in some developed countries including Japan had caused a decline in Indonesia's fishery exports, the industry saw growth in exports to other markets and had an opportunity to capitalize on several potential markets, a fisheries ministry official said on Tuesday.

1 year ago

A bamboo raft serves as a makeshift ferry on Feb. 25, 2024, at an oil palm plantation in Pulau Tigo district, Muaro Jambi regency, Jambi.

Markets premium

Govt doubles funds for oil palm replanting

The government has doubled the funding for an oil palm replanting program in response to low uptake. The funds are aimed at improving farmer livelihoods.

1 year ago

Attendees look at stock trading movements during the trade opening ceremony at the Indonesia Stock Exchange (IDX) in Jakarta on Jan. 2, 2024. The IDX Composite bounced back slightly, up 0.02 percent at 7,285.317 on Tuesday, Feb. 27, 2024, with the LQ45 index increasing by 0.11 percent to 992.688.

Markets

IDX Composite rebounds slightly on Tuesday, up 0.02%

The IDX Composite bounced back slightly, up 0.02 percent at 7,285.317 on Tuesday, with the LQ45 index increasing by 0.11 percent to 992.688.

2 years ago

Passersby walk past an electric monitor displaying the Japanese yen exchange rate against the US dollar outside a brokerage in Tokyo on Oct. 4, 2023.

Markets

Asia shares shaky, traders on guard as Japanese inflation tops forecast

Asian shares struggled to advance on Tuesday, with slightly warmer-than-expected Japanese inflation putting investors on guard ahead of price data due in Europe and the US this week.

2 years ago

Attendees look at stock prices during a ceremony to open the trading day on the Indonesia Stock Exchange (IDX) in Jakarta on Jan. 2, 2024. The IDX Composite closed down 0.15 percent on Feb. 26, 2024.

Markets

IDX Composite ends Monday trading down 0.15%

The Indonesia Stock Exchange (IDX) Composite concluded Monday's trading day down 11.27 points, or 0.15 percent, closing at 7,283.83.

2 years ago

A man drives past farmers on a combine harvester on Jan. 20, 2024, during the harvest season near rice paddies in Lhoknga, Aceh. The State Logistics Agency (Bulog) ensured on Monday that the current government rice reserves are sufficient for Ramadan and Idul Fitri, and the government is intervening in the market to stabilize rice prices.

Markets premium

Bulog ensures sufficient rice supply for Ramadan and Idul Fitri

Bulog ensured that the government rice reserves are sufficient for Ramadan and Idul Fitri, and the government is intervening in the market to stabilize rice prices.

2 years ago

Traders look at their monitor screens while monitoring some stock trading in Jakarta on March 16, 2023.

Markets

Asian markets mostly lower on profit-taking after tech surge

Asian markets were mostly lower Monday, although Tokyo's key Nikkei index hit fresh all-time highs after two of the three main US indices closed at records.

2 years ago

Green energy for a brighter future: Indonesia’s state-owned electricity company PLN is running a campaign titled PLN Go Green and Sustainable, in line with the nation’s pledged commitment to reduce carbon emissions for the sake of a healthier environment and sustainable development for people across the archipelago.

Markets premium

Experts warn of delays to Indonesian electricity exports to Singapore

Experts have warned delays are likely given how Indonesia has structured the export policy, which requires the involvement of state-run electricity firm PLN and a local content requirement (TKDN).

2 years ago

President Joko “Jokowi” Widodo (second left) throws T-shirts to residents of Telukan village in Sukoharjo, Central Java, during a working visit to the area on Feb. 1, 2024.

Markets premium

Rice prices hit record high amid delayed harvest, low supply

The average price of premium rice at the consumer level reached Rp 18,000 (US$1.15) per kilogram on Friday, a 20 percent year-on-year (yoy) increase from the Rp 14,000 per kg recorded last year.

2 years ago

Attendees look at stock movements on Jan. 2 during the opening ceremony of the Indonesia Stock Exchange (IDX) for 2024 at the bourse in Jakarta. The IDX Composite declined 0.61 percent to 7,295.09 on Feb. 23, with seven sectoral indexes contributing to the day’s downturn.

Markets

IDX Composite declines for third straight day to close at 7,295.09

The IDX Composite declined 0.61 percent to 7,295.09 on Feb. 23, with seven sectoral indexes contributing to the day’s downturn, even as most regional and global markets booked gains.

2 years ago

Passersby walk past an electric screen displaying a graph showing Japan's Nikkei share average movements outside a brokerage in Tokyo on Feb. 13, 2024. The Indonesian Finance Ministry said on Feb. 23, 2024, that the government had not decided whether to issue yen-denominated bonds after Japan unexpectedly fell into recession.

Markets premium

Finance Ministry mulls ‘samurai’ bond after recession news from Japan

The Finance Ministry says that the government had not decided whether to issue yen-denominated bonds after Japan unexpectedly fell into recession.

2 years ago

Attendees look at stock trading movements on Jan. 2, 2024, during the opening trade ceremony at the Indonesia Stock Exchange (IDX) in Jakarta. The IDX Composite closed down 0.13 percent at 7,339.64 on Feb. 22, 2024, with nine sectoral indices gaining.

Markets

IDX Composite slips 0.13% despite sectoral resilience

The IDX Composite closed down 0.13 percent at 7,339.64 on Thursday, with nine sectoral indices gaining.

2 years ago

This aerial picture taken on August 4, 2021, shows a suburban housing complex for residents in Jakarta.

Markets premium

BI notes property price increase in Q4 2023

A Bank Indonesia survey found that property prices increased by 1.74 percent year-on-year in the fourth quarter of 2023.

2 years ago

Markets

Japan's Nikkei nears record peak after Nvidia beat, rest of Asia muted

Japan's Nikkei share average climbed to the cusp of an all-time peak on Thursday after unexpectedly strong revenue forecasts from US chip designer Nvidia lifted Asian tech stocks.

2 years ago

Attendees look at stock movements on Jan. 2 during the opening ceremony of the Indonesia Stock Exchange (IDX) for 2024 at the bourse in Jakarta.

Markets

IDX Composite dips 0.05% as central bank keeps key rate at 6%

The IDX Composite saw a slight dip of 0.05 percent to 7,349.02 on Wednesday, after the central bank decided to maintain its benchmark rate at 6 percent.

2 years ago

President, Joko “Jokowi” Widodo autographs a VinFast VF 5 EV SUV at the VinFast booth during IIMS 2024.

Markets premium

Indonesia eyes 50,000 electric car sales this year as incentives roll out

Last year, 17,000 electric vehicles (EVs) were sold wholesale nationwide, according to the Association of Indonesian Automotive Manufacturers (Gaikindo).

2 years ago

People look at stock prices at the Indonesia Stock Exchange (IDX) in Jakarta on Jan. 2, 2024.

Markets

IDX Composite bounces back with 0.77% gain on Tuesday

The Indonesia Stock Exchange (IDX) Composite rebounded by 0.77 percent on Tuesday to close at 7,352.60 after facing early-week setbacks.

2 years ago

A worker carries a bag of rice at the Cipinang Central Rice Market in East Jakarta on March 15, 2021.

Markets premium

Indonesia to import rice from Thailand to fight shortages, rising prices

The National Food Agency (Bapanas) is planning to import 2 million tonnes of rice from Thailand to combat shortages and skyrocketing prices across the country, the agency’s chief secretary Sarwo Edhy said on Sunday.

2 years ago

Markets

IDX Composite dips 0.53% ahead of central bank’s policy meeting

IDX Composite drops by 0.53 percent to 7,296.70, as investors await Bank Indonesia's interest rate decision this week.

2 years ago

General view of the financial district of Lujiazui in Pudong district in Shanghai on Dec. 6, 2023.

Markets

Asian stocks mostly up as China enjoys Lunar New Year bump

Mainland Chinese stocks were buoyant after Lunar New Year as figures showed holiday spending surged past pre-pandemic levels, leading gains in most other Asian markets on Monday.

2 years ago

Two workers walk on Jan. 4, 2022 past a coal barge at a coal terminal in Palembang, South Sumatra.

Markets premium

Indonesian coal to see export slump, possible output cuts: Experts

Many analysts expect Indonesia's coal exports to experience a slump and miners to slash production to adjust costs amid low global prices due to market oversupply.

2 years ago

Markets

IDX Composite ends election week upbeat

The IDX Composite concluded this week at 7.335,54 on Feb. 16, 2024, adding 0.44 percent, due to the market optimism after Wednesday’s election.

2 years ago

Workers transport rice at Cipinang Central Rice Market in East Jakarta, on March 15, 2021.

Markets premium

Jokowi blames floods for rice shortages

The National Police have been deployed to monitor rice distribution in the country.

2 years ago

All about money: A teller shows a customer rupiah bank notes on Oct. 30, 2023, at Bank BSI in Jakarta. The Indonesian currency opened lower at Rp 15,666 against the greenback on Feb. 16, 2024.

Markets premium

Rupiah weakens against US dollar in the wake of election

Amid a weakening rupiah and cautious investor sentiment after the release of trade balance data, market players are waiting for United States retail sales figures, anticipating further currency fluctuations.

2 years ago