The gross domestic product (GDP) growth was faster than the 6.1 percent forecast by economists in a Reuters poll, and followed 4.9 percent growth in the third quarter.

Chinese GDP data are expected to show growth picked up to an annual 6.1 percent last quarter, from 4.9 percent in the third quarter.

The notices came amid a flurry of US efforts against China in the final days of Trump’s administration.

Companies that stuck with Trump throughout his term are cutting ties in an 11th-hour stampede, including Signature Bank which closed Trump's personal accounts and the PGA of America which scotched a plan to hold its 2022 championship at Trump's New Jersey golf course.

The country logged a trade surplus of US$21.74 billion last year, the second-highest figure in the country’s history, as imports plunged, a signal that economists said reflected a lagging domestic economic recovery compared with its main trading partners, such as China.

“I think there will be some people who are taken aback by the incident and cancel their trip, but the majority of people will not be affected,” aviation observer Arista Atmadjati told The Jakarta Post in an interview on Tuesday.

The Public Works and Housing Ministry signed on Friday 982 infrastructure procurement packages worth Rp 12.5 trillion (US$889.2 million).

The government seeks to promote products of Indonesian micro, small and medium enterprises (MSME) in mainland China, Hong Kong and Taiwan through a newly launched e-commerce platform.

Gojek has brought its services to Singapore, Thailand and Vietnam and is now looking to those markets for growth.

The shortage is now causing Ford Motor Co, Subaru Corp and Toyota Motor Corp to curtail production in the United States.

Fitbit makes a watch-like device to measure physical activity that competes with Apple Watch and others. Google said it was buying the company to compete in this market.

The company no longer deemed its satellite communications business “competitive” and shrunk its satellite fleet from three satellites to one.

Shares in Chinese technology giant Xiaomi collapsed more than 11 percent in Hong Kong trade Friday after the US put it on a blacklist banning Americans from investing in it, as the Trump administration ramps up its battle with Beijing.

President-elect Joe Biden will propose injecting US$1.9 trillion into the US economy when he takes office next week, as evidence mounts that the recovery from the sharp downturn caused by Covid-19 is flagging.

Biden on Thursday unveiled his US$1.9 trillion American Rescue Plan, which pledges to reopen most schools in the first 100 days of his administration, and provides tax credits for childcare costs and direct aid to help childcare centers reopen.

Publicly listed Indonesian airlines' financial reports show decreasing maintenance and repair costs, but experts have expressed confidence that airlines will not compromise safety.

Australia plans to force Google and Facebook to pay media organizations when their platforms host their content or face millions of dollars in fines, in one of the most aggressive moves globally to check the power of the US digital giants.

Kadin chairman Rosan Roeslani said five small businesses in soy sauce production had secured authorization from the Saudi Food and Drug Authority (SFDA).

Most of AirAsia X Bhd (AAX)’s lessors support a restructuring plan, and the Malaysian airline has received interest from potential investors for fundraising after reorganization, court documents filed this month show.

China will "provide a broader space for companies from all over the world, including Starbucks and other American companies, to develop in China", Xi wrote in his letter.

The Southeast Asian archipelago is one of the world's fastest-growing aviation markets, with air transport vital in connecting its thousands of islands.

Retail sales dropped 16.3 percent in November, the biggest fall since May 2020 and coming on the heels of a 14.9 percent fall in October.

The Coffee Barometer, written by a group of global non-governmental organizations (NGOs), comes as top firms like Starbucks and JDE Peet’s face rising demands from consumers for ethically sourced products.

While bird flu is common in Asia at this time of year due to migratory bird patterns, new strains of the virus have evolved to become more lethal in wild birds, making countries on flight pathways particularly vulnerable, say experts.

It is the first external funding for Grab’s fintech business, which has chalked out ambitious plans in insurance, lending, wealth management and payments.

The latest government data shows the economy shedding jobs in December and weekly layoffs continuing at a pace above the worst of the 2008-2010 global financial crisis.

Alibaba and Baidu trade on the Nasdaq, while Tencent is listed in Hong Kong where Alibaba also has a secondary listing.

Expectation management is the watchword among business leaders and  economists as Indonesia started rolling out its nationwide COVD-19 vaccination program this morning.

The 2020 public health crisis has been a boon to blue-collar workforce management (WFM) platform Sampingan, increasing its app download and partner statistics to sustain its winning fundraising streak for the third consecutive year since 2018.

Private sector economists are already cutting their growth projections, with Bank of America now predicting a 2.9 percent expansion – a full percentage point below its previous forecast.