Asian stock markets slumped on Monday and European and US equity futures pointed sharply lower after President Donald Trump's tariffs on Canada, Mexico and China triggered fears of a broad trade war and a hit to global growth.

The dollar surged on Monday, pushing its Canadian counterpart and Mexican peso to multi-year lows while China's yuan slumped to a record low in offshore trading after US President Donald Trump kicked off a trade war by imposing sweeping tariffs.

New rules require firms to give 20 percent of their land to smallholders before the government extends their permits.

Pertamina has launched Diesel X, a low-sulfur vehicle fuel claimed to be relatively environmentally friendly and efficient.

Asian shares wavered on Friday, weighed down by the return of tech-heavy South Korean stocks from holidays, but relatively strong earnings from US tech giants kept risk sentiment intact while tariff threats pushed the dollar and gold prices higher.

An increase in imported cassava and tapioca has contributed to a fall in prices and a corresponding decline in domestic production of the root vegetable for at least 15 years, most noticeably in Lampung, a growing issue that the government is yet to tackle.

Asian equities were mixed in another holiday-thinned trading day Thursday, with investors digesting broadly positive tech earnings that came days after the upheaval caused by China's DeepSeek explosion onto the global AI scene.

A nascent recovery in technology shares faltered on Tuesday and AI chip leader Nvidia struggled to rise from a record-breaking wipeout sparked by a low-cost Chinese artificial intelligence model that threatens the dominance of US rivals.

The Japanese yen gave up some of the safe-haven driven gains on Tuesday as investors grappled with the potential implications of a Chinese startup's free open-source artificial intelligence model, while fresh tariff threats had the euro on the back foot.

The dollar firmed on Monday as traders pondered the ramifications of US President Donald Trump's tariff plans at the start of a week where the Federal Reserve is widely expected to hold interest rates steady.

Asian markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen weakened slightly ahead of an expected interest rate hike by the Bank of Japan later in the day.

The government has announced a plan to import 180,000 tonnes of beef and is considering to import another 100,000 tonnes of buffalo meat.

Asian equities mostly rose Thursday, cheered by another tech-fueled run-up on Wall Street after Donald Trump's huge AI investment announcement, as traders assessed the outlook for the next four years under the new president.

China and Hong Kong stocks weakened on Wednesday after US President Donald Trump hinted at potential new tariffs on Chinese imports, ending a brief reprieve for the markets.

At Monday's ceremony to inaugurate 37 electricity projects in Sumedang, West Java, the President doubled down on his promise to end fuel imports as part of his administration's food and energy self-sufficiency drive.

The ruling could still be appealed, but with the WTO’s appellate body being inactive since 2019, it raises concerns about enforcement, potentially rendering the ruling irrelevant for Indonesia.

Traders in Jakarta are bracing for the inauguration of Donald Trump as US president on Monday and will watch closely for his day-one policies, especially for potential changes in trade and immigration policies that could impact global business and investor sentiment.

China and Hong Kong stocks jumped on Monday as US President-elect Donald Trump and Chinese President Xi Jinping's call eased some of the Sino-US tensions.

The certificates will come from emission reductions from several power projects on Java Island worth 2.48 million metric tons of carbon dioxide equivalent (CO2e), the Ministry of Environment said.

The IDX Composite closed the week on Friday up 0.66 percent, and an MNC Sekuritas analyst says the index could strengthen further if it stays above the 6,931 support level.

The IDX Composite closed 0.39 percent higher on Thursday after better-than-expected US core inflation data and a surprise interest rate cut by Bank Indonesia.

"We have been studying it for a long time, and we don’t want to lose to our neighboring countries,” Luhut said. 

Asian markets extended a global rally Thursday after below-forecast US inflation provided a much-needed shot of relief to investors and revived hopes for interest rate cuts this year.

The IDX Composite continued its downward trend on Tuesday, falling by 0.86 percent. Foreign capital outflows put significant pressure on the index.

The motorcycle industry expects 2025 will be challenging, partly due to multiple additional taxes for new purchases levied by regional governments.

The IDX Composite index plunged 1.02 percent on Monday amid global concern over the United States Federal Reserve’s rate cuts and continued foreign capital outflows.

The IDX Composite rose 0.34 percent on Friday due to significant foreign inflows as market sentiment improved despite global uncertainties.

Analysts expect the market to rebound this year after last year's lackluster performance, primarily due to the uncertainty surrounding the elections in February and November, though whether it will rally gradually or quickly to surpass 2023 levels remains to be seen.

The IDX Composite closed slightly higher on Tuesday, up by 0.04 percent. It iswassupported by positive foreign investor sentiment despite mixed sector performances.

Brazil has declared itself free of FMD without vaccination since May 2024 and is waiting for formal recognition from the World Organization for Animal Health (WOAH).