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Jakarta Post
Markets

Bond selloff deepens as inflation risks, oil prices jolt markets

Sovereign yields are a reference point for asset prices across financial markets and the higher price of money means higher mortgage rates for consumers and tough choices for government spending as funding costs climb.

17 minutes ago
Asia & Pacific

Global temperature rises to exceed 1.5 Celsius 'within a few years', UN says

The United Nations Environment Programme said bringing temperature rises back to below 1.5C was "possible but highly uncertain," and would require rapid emission cuts as well as interventions to remove carbon dioxide already in the atmosphere. ...

31 minutes ago
Economy

The 2027 State Budget: Path toward a narrower deficit

Tax revenue in 2027 is projected at around 9.3 percent of GDP. Adding customs and excise raises the ratio to roughly 10.4 percent, slightly above 10.2 percent of GDP in the 2026 outlook. ...

54 minutes ago

The Latest

Academia

Checkpoints for Kim-Trump summit

An "IMPACT Plus" analysis of speculation about another Kim-Trump summit indicates three gaps compared to 2018 that Seoul could move to bridge, creating the conditions for another meeting regardless of pessimistic prospects at present.

1 hour ago
Europe

G20 finance leaders close talks marked by US welcoming Russia

US Treasury Secretary Scott Bessent said the fact that nearly all participants agreed to the chair's statement suggested "there has been no impact" from Russia's attendance.

1 hour ago
Asia & Pacific

US, Australia commit $580 million in support for Pacific Islands

The United States and Australia on Wednesday announced a combined US$580 million in funding for the Pacific Islands, as both nations battle China for influence in the region.

1 hour ago
Sports premium

Bilal Hasan marks UFC debut with second-round KO

The US-born fighter representing Indonesia stopped Peru’s Nilson Rojas in the second round in Shanghai.

2 hours ago
Quick Dispatch

PNM reaches deep into Baduy forest to empower women entrepreneurs

PT Permodalan Nasional Madani (PNM), continues to expand inclusive financial access by bringing its Mekaar financing and empowerment program directly to women entrepreneurs in remote and underserved communities. Its latest effort has reached women in the Baduy community in Lebak, Banten.

21 hours ago
Health premium

Prevention matters: Keeping cataracts and glaucoma at bay

Regular eye examinations can detect sight-threatening conditions early, particularly in people at higher risk.

2 hours ago
Middle East and Africa

US, Iran exchange attacks as lull in war appears over

The US and Iran found themselves back in a war footing on Wednesday after the most significant exchange in weeks, with Washington threatening even more devastating strikes while Iran protested an attack that it said killed five and wounded dozens of civilians at a wedding.

2 hours ago
Academia premium

The collapse of trust in facts: Making sense of verification on the internet

As AI and crowdsourced systems take on the job of fact checking, they promise speed but struggle to deliver trust and explainability. Until they can do all three, human verification still has a vital role to play.

2 hours ago
Archipelago premium

Sinabung eruption halts flights at Kualanamu airport, thousands evacuated

The Kualanamu International Airport's aerodrome is closed dynamically according to Mount Sinabung's latest condition following its Monday eruption.

3 hours ago
Academia premium

From rivals to allies: Prabowo’s othello strategy

Prabowo’s political architecture strategy is to embrace former political adversaries within a single, inclusive framework, a “big tent” coalition. 

3 hours ago
Markets

Asian markets tumble as US-Iran fighting lifts oil and bond yields

Stocks slumped in Asian trading on Wednesday as a bond market-induced selloff on global markets spilled over into the region, after renewed attacks by the United States on Iran pushed oil prices higher.

3 hours ago
Politics premium

Komnas HAM launches probe on Jakarta protest handling

At least one person died and 322 others were arrested after a protest in front of the Senayan Legislative Complex in Jakarta on Aug. 27, in which protesters from Pati, Central Java, called for stronger law enforcement against corruption. 

4 hours ago
Academia premium

Are the walls closing in on Bessent?

Far from suggesting financial Armageddon, the US treasury secretary’s futile efforts to keep a lid on Treasury yields suggest that once again, the dollar is America’s currency but everyone else’s problem.

4 hours ago
Asia & Pacific

After over 200 days at sea, US aircraft carrier arrives in Thailand

The Lincoln, with roughly ​5,000 sailors and Marines aboard, has set a modern-day record for consecutive days at sea, according to ​Democratic lawmakers.

4 hours ago
Asia & Pacific premium

South Korea open to future defense co-development with Jakarta despite fighter jet setback

South Korea remains open to jointly developing future defense systems with Indonesia despite setbacks in the KF-21 Boramae fighter jet program, a Korean diplomat has said, describing the experience as an asset that strengthened mutual trust between the two countries.

5 hours ago
Academia premium

Fight the fires, flour power and 40 centimeters

While Indonesia dreams up airborne flour bombs to fight forest fires, its peatlands are quietly sinking out of existence—governed by an ignored 40-centimeter water rule that no aerial stunt can fix.

5 hours ago
Europe premium

Govt investigates reports of citizens fighting for Russia in Ukraine

At least eight Indonesians are alleged to having fought for Russia in the war in Ukraine, seven of whom came to Russia using tourist visas, according to reports issued by the Ukrainian authorities.

6 hours ago
Interview premium

ASEAN should aim for South China Sea of peace, Timor-Leste president says

Timor-Leste President José Ramos-Horta speaks to The Jakarta Post about the future of ASEAN and the challenges ahead for the regional bloc.

6 hours ago
Opinion premium

Analysis: When a disaster-prone nation cuts its safety net budget

A major earthquake in East Nusa Tenggara (NTT) has once again put Indonesia’s disaster preparedness under scrutiny, raising tough questions about political will and shrinking mitigation budgets. Sitting squarely on the Pacific Ring of Fire, Indonesia faces inherent geological risks. Yet policymakers too often treat this geography as an excuse for poor outcomes rather than an urgent mandate for better preparation.

6 hours ago
Politics premium

CSIS at 55: Defending space for policy debate

The Centre for Strategic and International Studies (CSIS) celebrated its 55th anniversary on Tuesday, pledging to continue to push into increasingly complex policy debates even as the space for expert voices in policymaking appears to be narrowing.

7 hours ago
Archipelago premium

Police monitor wildfire areas to prevent illegal land conversion

Police have ramped up postfire monitoring to ensure that unscrupulous actors or uninformed residents do not exploit burnt land for cultivating cash crops, including oil palm.

7 hours ago
Asia & Pacific premium

Japan answers fire aid call as haze smothers region

Japan is set to deploy three helicopters to help Indonesia battle forest and peatland fires in Kalimantan at Jakarta’s request, as smoke from the blazes spread across Southeast Asia and pressure mounts on the government to accept more international assistance.

7 hours ago
Editorial premium

Cost of recentralization

It seems to have become a pattern under the government of President Prabowo Subianto. When problems erupt, the state must “be present”, as the President often puts it, which translates into asserting itself more forcefully.

7 hours ago
Archipelago premium

Work starts on 134.3 MWp floating solar farm in C. Java

The Gajah Mungkur floating photovoltaic (FPV) system is one of the strategic projects in a national program to develop 100 GWp in three years. 

7 hours ago
Economy premium

RI reverses trade deficit with tiny July surplus

Indonesia has restored its trade balance to a small surplus in July thanks to surging outbound shipments of crude palm oil and coal.

17 hours ago
Health

Novartis pauses trials of experimental cell therapy after three deaths

The halt was implemented on August 24 after Novartis was notified of three cases of a severe, life-threatening immune reaction. Complications from the reaction, in which the body's defense system overreacts and attacks its own organs, led to the deaths, the Swiss drugmaker said.

19 hours ago
Asia & Pacific

Meta, Roblox agree to child-safety measures sought by Philippines

The measures include age-verification, parental controls, faster takedowns of harmful content and closer cooperation with law enforcement, he said. 

19 hours ago

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