The energy ministry's Geological Agency has proposed that two potential rare earth reserves in West Sulawesi's Mamuju regency be designated as new mine operating permit areas (WIUPs) amid the government's push to develop the rare earth downstream industry.
2 days agoTokyo led losses across Asia on Friday due to a stronger yen and expectations for more Japanese rate hikes, while disappointing data sparked a plunge on Wall Street and fuelled fresh fears of a US recession. ...
2 days agoThe Chinese special administrative region pitches itself as hub for tech and finance and highlights proximity to the mainland market as reasons for Indonesian firms to set up shop. ...
3 days agoAgriculture Minister Amran Sulaiman said on Monday that he assured these foreign procurements were temporary and the government would make effort to reduce reliance for imports.
5 days agoAsian markets edged down Tuesday as investors jockey ahead of a slew of central bank decisions, key economic data and earnings from tech titans this week.
5 days agoAsian markets rallied Monday, tracking a surge on Wall Street after data showing US inflation slowed further in June stoked hopes the Federal Reserve will cut interest rates.
6 days agoThe Batang integrated industrial park already hosts nearly 20 companies in 10 percent of its total area of 4,300 hectares, including South Korea's LG Energy Solution and glass maker KCC Glass.
1 week agoAsian markets tumbled Thursday after a tech-fueled sell-off saw Wall Street tank, as disappointing earnings caused traders to panic that a months-long rally in the sector may have been overdone.
1 week agoGovernment officials say no decision has been made to buy Russian oil but have not ruled out such purchases in the future.
1 week agoAircraft orders unveiled at Farnborough Airshow this week focused chiefly on the wide-body market, reflecting the desire of airlines to meet a revival in long-haul demand despite production woes.
1 week agoThe IDX Composite Index closed in the red on Tuesday, dropping 0.11 percent to 7,313.85 amid major bank stock declines. The day's trading volume was low, with Rp 8.31 trillion in transactions and mixed sectoral performance.
1 week agoAsian shares slid anew on Monday, getting little lift from a surprise rate cut by China's central bank, while Wall Street futures firmed in the wake of President Joe Biden's decision to bow out of the election race.
1 week agoExpectations for the IDX Composite dimmed amid concerns over the incoming government’s policy and uncertainty about the central bank’s interest rate cut.
2 weeks agoThe market has shown little to no reaction to the appointment of three new deputy ministers under President Joko “Jokowi” Widodo, two of which have close ties with president-elect Prabowo Subianto, as global circumstances play a more commanding role for traders.
2 weeks agoAsian shares are set to end the week on a sour note, as uncertainty across the geopolitical landscape and in major economies added to headwinds for investors even as the global rate easing cycle gets under way.
2 weeks agoAsian markets sank with Wall Street on Thursday after a warning from the White House that it would target firms supplying China with key semiconductor technology, and Donald Trump's comments on crucial chip supplier Taiwan.
2 weeks agoThe price of gold soared Tuesday to a record peak, propelled by trader expectations of falling US interest rates in September as inflation cools.
2 weeks agoMore and more Jakartans were opting to rent houses in the first quarter of the year amid high home prices, interest rates and inflation, according to several leading property consultancies.
2 weeks agoAsian markets fluctuated Tuesday as rising expectations that Donald Trump will return to the White House played up against fresh hopes that the Federal Reserve will cut interest rates at least once this year.
2 weeks agoShares of Wisesoft Co, whose Mandarin name "Chuan Da Zhi Sheng" sounds like "Trump wins big", rose by the maximum daily 10 percent limit in trading on the Shenzhen Stock Exchange.
2 weeks agoThe dollar rose broadly on Monday and cryptocurrencies jumped as trades for a victory by Donald Trump in the upcoming US elections gathered steam in the wake of an attempted assassination of the former US President.
2 weeks agoA surge in the yen triggered speculation among analysts on Friday that Japanese authorities may have again intervened in forex markets to prop up the ailing currency.
3 weeks agoThe government is set to introduce orange bonds, which specifically addresses SDG 5 on gender equality, in coordination with IIX, with the private sector slated to lead the issuance of the latest thematic bond in Indonesia.
3 weeks agoThe Energy and Mineral Resources Ministry is mulling over a plan to again allow bauxite ore exports following a call from the House of Representatives to repeal a ban on shipments as part of a larger effort to improve the economic development of bauxite-mining regions.
3 weeks agoAsian markets diverged Wednesday after fresh records on Wall Street and remarks by the Fed chief that hinted the US central bank would cut interest rates later this year, without offering a clear timeframe.
3 weeks agoAsian markets rose Tuesday following gains in US stocks and ahead of Fed chief Jerome Powell's testimony to Congress which will be closely watched for any hints on the timing of rate cuts.
3 weeks agoThe euro slipped in Asian trade on Monday after snap French elections in which a hung parliament appeared the likeliest outcome, as markets in the region searched for direction after Wall Street closed the previous week on a strong note.
3 weeks agoBrokerages warn the scheme could make the IDX Composite index more volatile and potentially push valuations down if regulators do not carefully select which stocks may be short-sold.
4 weeks agoAsian equities rose and the dollar slipped further on Thursday as investors welcomed more data pointing to a softening labor market that gives the Federal Reserve room to cut interest rates, with another key jobs report due later in the day.
1 month agoAsian stocks rose Wednesday following fresh records on Wall Street after Federal Reserve chief Jerome Powell fanned hopes of an interest rate cut by saying the battle against inflation had made "progress" and the job market was cooling.
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