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

Pedestrians walk past the Bombay Stock Exchange (BSE) building in Mumbai on January 23, 2024. India's stock market has edged out Hong Kong to become the world's fourth-largest, a milestone that underscores growing global investor optimism about New Delhi's economic prospects, Bloomberg said on Jan. 23.

Markets

Asian markets rally after Wall Street highs

Asian markets rose Friday, supported by Wall Street and eurozone records, as traders shrugged off weak US retail sales and recession in Britain and Japan.

2 years ago

Presidential candidate pair Prabowo Subianto (left) and Gibran Rakabuming Raka walk on stage during the third 2024 presidential election debate at Istora Senayan in Jakarta on Jan. 7, 2024. The third debate covered issues of international relations, defense and security.

Markets premium

Indonesia expects to see foreign inflows following Prabowo’s one-round win

Investors expect policy continuity after Prabowo secured nearly 60 percent of the vote based on preliminary election results.

2 years ago

Attendees look at stock trading movements on Jan. 2, 2024, during the trade opening ceremony at the Indonesia Stock Exchange (IDX) in Jakarta. The IDX Composite (IHSG) rebounded after a recent decline, surging by 1.3 percent to close at 7,303.28 at the end of trading on Feb. 15, 2024.

Markets

IDX Composite soars by 1.3% in line with election optimism

The Indonesia Stock Exchange (IDX) Composite (IHSG) rebounded after a recent decline, surging by 1.3 percent, closing at 7,303.28 at the end of trading on Thursday.

2 years ago

Markets

Asian stocks rise, dollar eases as markets weigh US rate outlook

Asian stocks rose on Thursday, with the Nikkei breaching a new 34-year peak, while the dollar took a breather near a three-month high as markets assess when the Federal Reserve is likely to start its easing cycle after a run of strong economic data.

2 years ago

People walk outside the Bank of England in the City of London financial district of London on May 11, 2023.

Markets

Stocks extend slide; dollar rides Treasury yields higher

Asian shares extended a global sell-off on Wednesday, while the dollar and Treasury yields jumped as traders pared back expectations for the pace and scale of rate cuts by the Federal Reserve this year.

2 years ago

A delivery worker pulls pallets up a street in the rain in Hong Kong on Oct. 18, 2023.

Markets

Asia tracks Wall St retreat as US inflation dents rate cut hopes

Asian equities sank Wednesday, tracking a sell-off on Wall Street, as a forecast-topping US inflation report dealt a hefty blow to hopes for an early interest rate cut.

2 years ago

People look at a screen displaying stock prices during a ceremony to open the trading day on the Indonesia Stock Exchange (IDX) in Jakarta on Jan. 2, 2024.

Markets

IDX Composite drops 1.20% on Tuesday

The IDX Composite closed 1.20 percent lower on Tuesday, ahead of the 2024 general election and amid United States inflation data.

2 years ago

Motorists fill up on Pertamax-branded fuel at a gas station in Jakarta on Nov. 21, 2017.

Markets premium

Fuel oil price on upward trajectory in 2024, govt says

The Energy and Mineral Resources Ministry expects prices of nonsubsidized fuel oil to rise throughout the year as geopolitical risks linger.

2 years ago

Representations of virtual currency Bitcoin are seen in this illustration picture taken on March 13, 2020.

Markets

Bitcoin breaks $50,000 for first time since 2021

Bitcoin spiked above $50,000 Tuesday for the first time in more than two years as investors grow optimistic that US approval of broader trading in the unit will ramp up demand.

2 years ago

Several pieces of heavy equipment owned by PT Berau Coal conduct coal mining activities on March 4, 2022, at the Binungan mine in East Kalimantan.

Markets premium

Heavy equipment sales take a dive as commodity prices plunge

Diversifying sales to the construction sector may help heavy equipment firms stay afloat.

2 years ago

A customer checks the quality of rice at Cipinang Market in East Jakarta in October 2022.

Markets premium

Rice vanishes from shelves amid delayed harvest

The National Food Agency (Bapanas) has pledged to accelerate rice distribution in response to President Joko “Jokowi” Widodo’s order to “flood the market”.

2 years ago

Attendees look at a display of stock prices at a ceremony to open the trading day at the Indonesia Stock Exchange (IDX) in Jakarta on Jan. 2, 2024.

Markets

IDX Composite rises 0.86% on Monday ahead of election

The IDX Composite closed 0.86 percent higher on Monday, as the market was in “wait-and-see” mode ahead of the general election on Wednesday.

2 years ago

Electrifying: The Esemka Bima electric vehicle produced by domestic carmaker Esemka is displayed at the Indonesia International Motor Show in Jakarta on Feb. 16, 2023.

Markets premium

Car sales plummet 26 percent year-on-year in January

The Indonesian Automotive Manufacturers Association (Gaikindo) has attributed the decline to weakening economic sentiment.

2 years ago

Workers complete the production of knitwear at the Rajong Binong Jati Center, Bandung, West Java, on June 6, 2020.

Markets premium

Textile industry warns of production halt following import restrictions

Countries supplying Indonesia with mono-ethylene glycol (MEG), a material to produce polyester, have halted their shipments until they receive clarity regarding permits from the government.

2 years ago

Attendees look at stock trading movements during the trade opening ceremony at the Indonesi Stock Exchange (IDX) in Jakarta on Jan. 2, 2024. The IDX Composite fell by 0.17 percent on Feb. 7, 2024, as the market assessed Indonesia’s foreign exchange reserves data and China’s economic policy trends.

Markets

IDX Composite concludes short trading week down 0.17%

IDX Composite fell by 0.17 percent on Wednesday as the market assessed Indonesia’s forex reserves data and China’s economic policy trends.

2 years ago

Attendees look at stock trading movements during the trade opening ceremony at the Indonesia Stock Exchange (IDX) in Jakarta on Tuesday, Jan. 2, 2024.

Election Updates

No trading on Indonesia Stock Exchange on election day

Trading optimism has plunged this month as the market anticipates the Feb. 14 general election, the volatile rupiah and US monetary policy uncertainties.

2 years ago

Pedestrians walk past an electronic sign showing the closing numbers on the Tokyo Stock Exchange, along a street in downtown Tokyo on January 18, 2023.

Markets

Asian markets track Wall St higher as Hong Kong extends rally

There were also gains Wednesday in Sydney, Seoul, Singapore, Wellington, Manila and Jakarta, though Tokyo edged down.

2 years ago

Attendees look at stock trading movements on Jan. 2, 2024, during the opening ceremony at the Indonesia Stock Exchange (IDX) in Jakarta. The IDX Composite (IHSG) closed at 7,247.41 on Feb. 6, 2024, gaining 48.79 points, or 0.68 percent, amid mixed index performances in the broader Asian market.

Markets

IDX Composite gains 0.68% amid mixed trends in broader Asian market

The IDX Composite (IHSG) closed at 7,247.41 on Tuesday, gaining 48.79 points, or 0.68 percent, amid mixed index performances in the broader Asian market.

2 years ago

Markets

IDX Composite begins new week with 0.55% decline

The IDX Composite (IHSG) fell by 0.55 percent to 7,198.61 on Monday as the market digests new economic data published by Statistics Indonesia (BPS).

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 closed slightly lower at 7,201.7 on Feb. 1, 2024, following data that showed inflation had slowed in January.

Markets

IDX Composite dips 0.09% after new inflation report

The IDX Composite closed on Thursday slightly lower at 7,201.7 after new BPS data showed that inflation had slowed in January.

2 years 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 index strengthened on the last trading day of January, closing 0.22 percent higher at 7.207,94, on Jan. 31, 2024.

Markets

IDX Composite concludes January with 0.22% gain

The IDX Composite index strengthened on the last trading day of January, closing 0.22 percent higher at 7.207,94.

2 years ago

Made in Indonesia: Cars bound for export sit parked on Dec. 15, 2023, at a facility belonging to PT Indonesia Kendaraan Terminal in Tanjung Priok, Jakarta.

Markets premium

Used cars, two-wheelers buoy automotive market

Analysts project new car sales to bounce back this year, along with the rise of electric vehicles, which continue to gain popularity in the country.

2 years ago

Attendees look at stock trading movements on Jan. 2, 2024, during the opening ceremony for trading at the Indonesia Stock Exchange (IDX) in Jakarta. The IDX Composite (IHSG) climbed by 0.49 percent to 7,192.22 on Jan, 30, 2024, ahead of the United States Federal Reserve’s interest rate decision.

Markets

IDX Composite gains for second straight day, up by 0.49%

The IDX Composite climbed by 0.49 percent to 7,192.22 on Tuesday ahead of the US Federal Reserve’s interest rate decision.

2 years ago

Workers push damaged solar panels into a machine to be recycled at the We Recycle Solar plant in Yuma, Arizona, US, on Dec. 6, 2023.

Markets

Stock pickers power up battered renewables as rates fall

Clean energy stocks might be in for a much-needed recharge this year as bets on interest rate cuts brighten their outlook following record outflows from this former ESG hot spot.

2 years ago

A person sits in front of residential buildings developed by China Evergrande Group, after a court ordered the liquidation of the property developer, in Beijing, Jan. 29, 2024.

Markets

Stocks in Asia slip as China property sector worries weigh

Asian shares fell on Tuesday, hurt by the court-ordered liquidation of property giant China Evergrande while rising geopolitical tensions propped up oil prices and kept a lid on risk appetite ahead of the Federal Reserve's meeting.

2 years ago

A man pedals a bike past a housing complex built by Chinese property developer Evergrande in Beijing on October 25, 2021.

Markets

Hong Kong court orders liquidation of China's Evergrande

Once China's biggest real estate firm, its astronomical debt of more than $300 billion had become emblematic of a years-long crisis in the country's property market that had reverberated throughout the world's second-largest economy.

2 years ago

The German-flagged tanker Seacod berths at the Tranmere Oil Terminal on the River Mersey near Liverpool, Britain, on March 5, 2022.

Markets

Oil rises on fresh Middle East fears after attack on US base

Oil rose Monday on fresh Middle East fears as Joe Biden pledged to retaliate after blaming Iran-backed rebels for the killing of three US service members in a drone attack on a base in Jordan.

2 years ago

Critical commodity: A nickel smelter in Morosi, Southeast Sulawesi, operated by Virtue Dragon Nickel Industry (VDNI) is seen from above on Feb. 10, 2023. Indonesia is the world's largest producer of nickel, a critical component of electric vehicle batteries.

Markets

New Caledonia's Prony Resources faces cash crunch on nickel slump

After years of losses, France is trying to work out an agreement by the end of the month to bolster the producers through investments to help reduce costs.

2 years ago

Markets