Neta will next year become the second Chinese car manufacturer to establish an EV assembly line in Indonesia, after Wuling began producing its AirEV locally in 2022.

The safe-haven dollar stayed firm against major peers while the yuan sank to a nine-month trough after China's central bank unexpectedly cut key policy rates for a second time in three months on Tuesday to shore up the country's sputtering economy.

The domestic food and beverage industry is considering raising the prices of a number of products this year to make up for the high price of refined sugar, an industry association has said.

The International Energy Agency said Friday it had revised upwards its forecast for global oil demand growth in 2023 as demand is "scaling record highs".

LSD, which causes blisters and reduces milk production, is a highly infectious viral disease affecting cattle and buffalo that is transmitted by insect bites. It poses no risk to humans.

The Energy and Mineral Resources Ministry plans to ramp up national coal production in the second half of 2023 following requests from local producers.

Asian share markets were mostly weaker on Tuesday as investors digested weaker Chinese trade data ahead of key inflation readings from China and the United States to deliver an updated outlook on the health of the global economy.

Asian markets were mixed Friday at the end of a volatile week, with a fresh spike in US Treasury yields weighing on Wall Street and traders still concerned about the Federal Reserve's interest rate plans.

Asian shares were subdued on Thursday after Fitch downgraded US sovereign debt sparking profit-taking, with investors now shifting focus to Bank of England's rate decision and earnings from Apple and Amazon.

The dollar struggled to make headway on Wednesday after a cut on the US government's top credit rating by Fitch raised questions about the country's fiscal outlook, though it drew some support from a relatively resilient run of economic data.

Asian markets followed Wall Street lower Wednesday as the wind came out of the latest rally, with traders jolted by the downgrade of US sovereign debt, soft economic data and concerns about elevated valuations.

Asian investors started August in the same way they ended July, with gains across markets that followed Wall Street's lead, fueled by a general sense of optimism about the economic outlook.

Despite their price volatility, luxury items like handbags and watches can be long-term investments, collectors say.

Asian shares looked to end the month on a firm note on Monday in a week littered with major economic releases, central bank meetings and earnings updates from mega caps Amazon and Apple, though rising Japanese bond yields posed a risk.

Equities fell Friday following a sell-off on Wall Street where forecast-beating data revived concerns the Federal Reserve could hike interest rates further.

Equity markets rose Thursday on hopes that the Federal Reserve's latest interest rate hike will be its last as data indicates inflation is being brought under control and the US economy appears set to avert a recession.

Producing electric cars with battery packs made in Indonesia will help Hyundai to manufacture more than 40 percent of EVs locally.

Indonesia, the largest economy in Southeast Asia, has been trying to attract EV makers to invest in the country, enticing them with its rich nickel reserves - the world's biggest - which can be processed into EV batteries.

Asian shares jumped and the yuan rose on Tuesday as investors cheered China's pledge to step up support for its sputtering economy, with the heaviest buying in Hong Kong's beaten-down property sector while the dollar dipped against key rivals.

Western sanctions over Russia's invasion of Ukraine, including the $60 a barrel price cap on Russian crude exports and the European Union's import ban, have forced the Kremlin to change the way it taxes oil sales.

India would ban exports of non-basmati white rice -- which accounts for around a quarter of its total exports. 

Asian shares were subdued on Friday after earnings reports from Tesla and Netflix failed to dazzle, while the dollar and Treasury yields held gains ahead of an action-packed week that could see the end of the US tightening cycle.

Markets mostly rose Thursday on signs that more than a year of interest rate hikes around the world was subduing inflation, giving central banks room to take a softer approach to monetary policy.

World shares were steady near their recent 15-month highs and the dollar held close to a one-year low on Tuesday as investors paused to take stock of weak economic data from China and waited for US retail sales data.

South Korea's Food Ministry has newly implemented a price hike limit to prevent an excessive surge in milk prices as the country struggles to tame “milkflation”.

The Kremlin on Monday said it was exiting a major agreement to facilitate Ukraine grain exports hours after drones struck Russia's only bridge connecting its mainland to the annexed Crimea peninsula.

Asian shares slipped on Monday as lackluster Chinese economic data were not as bad as the worst fears, but still stoked market impatience with the lack of major fiscal stimulus from Beijing.

The dollar hovered at 15-month lows on Friday and was set for its worst week since November as markets wagered the Federal Reserve was close to the end of its rate hike cycle as inflation eases.

The dollar sank to a fresh 15-month low against major peers and US Treasury yields languished near multi-week lows following the sharpest weekly drop in four months.

The global auction house has recorded significant growth in Asian buyers at its luxury auctions, with the region contributing almost 60 percent of millennial buyers.