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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.
2 days 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. ...
4 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. ...
5 days agoUS stock futures rallied in Asian trade on Monday as authorities announced plans to limit the fallout from the collapse of Silicon Valley Bank (SVB), while investors wagered a rate hike this month was no longer a certainty.
2 years agoUS authorities unveiled sweeping measures Sunday to rescue depositors' money in full from failed Silicon Valley Bank and to promise other institutions help in meeting customers' needs, as they announced a second tech-friendly bank had been closed by regulators.
2 years agoThe world's biggest banks took a stock market beating on Friday as signs of trouble at a US regional lender sparked concerns over the wider sector.
2 years agoAsian markets sank again Friday following a rout on Wall Street as signs of trouble at a regional US lender sparked concerns about the wider sector as the Federal Reserve ramps up interest rates.
2 years agoAsian traders shifted cautiously Thursday ahead of key US jobs data at the end of the week, after Federal Reserve boss Jerome Powell warned it could ramp up its pace of interest rate hikes if the economy shows no sign of slowing.
2 years agoIndonesia’s currency is not out of the woods yet as the US Federal Reserve signals a further increase in its key interest rate.
2 years agoThe dollar scaled multi-month highs against most other major currencies on Wednesday after Federal Reserve Chair Jerome Powell warned that US interest rates might need to go up even faster and higher than expected to rein in stubborn inflation.
2 years agoAsian stocks pulled back on Tuesday as weak trade data weighed on Chinese stocks while investors awaited Federal Reserve Chair Jerome Powell's testimony later in the day for clues on the central bank's next move on rates.
2 years agoAsian markets mostly rose on Monday over murmurs that the US Federal Reserve may loosen its monetary tightening but stocks in Hong Kong and China fell after Beijing announced its lowest economic growth target in decades.
2 years agoIndonesia may not see house flipping take off to the extent that it has in the United States, an expert has said, but some are already turning a quick profit.
2 years agoAsian markets on Friday tracked a Wall Street rally after a top Federal Reserve official said he would back a small interest-rate hike at its next meeting but hinted at a possible summer pause to see how tighter policy has impacted inflation.
2 years agoAs the world’s biggest palm oil exporter, Indonesia wants to establish its own benchmark crude palm oil (CPO) price by the end of this year to cut its reliance on the Malaysian derivative exchange.
2 years agoJP Morgan expects the electric vehicle (EV) industry and its supply chain to buoy Indonesia's equity market.
2 years agoA rally in Asian shares sputtered on Thursday, pressured by a pullback in Chinese stocks and higher US yields amid fears the Federal Reserve will keep raising interest rates to combat sticky inflation.
2 years agoAsian stocks rebounded from a two-month low on Wednesday as data showing China's manufacturing activity in February expanded at the fastest pace in more than a decade cheered investors, offsetting fears over rising interest rates.
2 years agoAsian equities weakened on Tuesday and were set for their worst monthly performance since September as investors adjusted to expectations that US interest rates will stay higher for longer.
3 years agoElectric motorcycle sales almost tripled from 2021 to 2022, but even with the significant improvement, only a fraction of Indonesia's conventional motorcycles could be replaced by electric ones over the coming years, analysts say.
3 years agoAsian markets were mixed Friday, with traders still occupied by long-running interest rate worries, though Tokyo rallied after the man tipped as Japan's next central bank head made the case for keeping its ultra-loose policy.
3 years agoThe German economy ministry is seeking to crack down on the export to third countries of goods that fall under European Union sanctions imposed on Russia over its war in Ukraine, according to a ministry document seen by Reuters on Thursday.
3 years agoAsian stock markets were pinned near seven-week lows on Thursday while the dollar stood at multi-week peaks, as a run of strong economic data had investors worrying interest rates will need to keep rising and stay high to put the brakes on inflation.
3 years agoAsian markets sank Wednesday following hefty losses on Wall Street as still-strong economic data fanned expectations that US interest rates will go higher and stay there longer than expected.
3 years agoAsian markets sank Wednesday following hefty losses on Wall Street as still-strong economic data fanned expectations that US interest rates will go higher and stay there longer than expected.
3 years agoS&P Global Ratings says last week’s deferred debt repayment by state-owned construction company PT. Waskita Karya “could test investor appetite for corporate bonds” from Indonesia.
3 years agoA February market update from Canalys suggests that Korea's Samsung might be leading the year's market trend with high-end foldable devices.
3 years agoThe dollar surged on Friday to hit a six-week high against a basket of currencies as a bout of resilient economic data out of the United States raised market expectations that more interest rate hikes were in the offing.
3 years agoAsia's stocks rose on Thursday, with investors choosing to cheer strong US retail sales data as good news for earnings rather than worry about it being likely to support interest rate rises.
3 years agoThe dollar found support in Asia on Wednesday after stubbornly high US inflation suggested interest rates are going to remain high for longer than investors had expected.
3 years agoGlobal shares edged higher on Tuesday, tracking a rebound on Wall Street ahead of a key US inflation report and speeches by Federal Reserve members, while the yen recouped losses after Japan nominated a new central bank governor.
3 years agoMarkets are looking to the US consumer price index (CPI) data for further clues on Federal Reserve's policy outlook, with the headline number expected to rise 0.5 percent in January, according to a Reuters poll, after falling 0.1 percent in December.
3 years agoA recent government decision to tighten palm oil shipments by suspending some export permits will have a negligible impact on global prices, according to an analyst.
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