Asian foreign reserves decline in 2024 first half
Asia's foreign reserves have dropped this year as central banks have intervened to support their currencies, with Japan, Indonesia and South Korea leading the declines.
Asia's foreign reserves have dropped this year as central banks have intervened to support their currencies, with Japan, Indonesia and South Korea leading the declines.
Nickel prices surged to their highest since 2011 on Friday as a supply deficit ate into stockpiles and investors looked ahead to rising demand from electric vehicles.
Malaysian palm oil prices are likely to rise about 12% to 5,200 ringgit ($1,316) a metric ton by mid-July, as higher energy prices from the U.S.-Israeli war on Iran boost biodiesel demand and tighten supplies, analyst Dorab Mistry said on Wednesday.
Foreign investors channelled massive money into Asian equities in June, after two months of selling, as easing U.S. price pressures raised hopes that the Federal Reserve would cut interest rates this year.
India's coal imports hit a record high in June despite high global prices, data from three trade sources and Refinitiv ship tracking showed, as economic activity picked up and amid a domestic shortage of the fuel.
A jury in federal court in Chicago ordered Boeing on Wednesday to pay more than $28 million to the family of a United Nations environmental worker who was killed in the 2019 crash of a 737 MAX jet in Ethiopia.
India's palm oil imports in April slumped 30% from a month earlier to hit a 14-month low, as the premium over rival soft oils prompted buyers to shift to sunflower oil and soyoil, a trade body said on Friday.
Just a few months before being named Indonesia's new finance minister, Purbaya Yudhi Sadewa, raised eyebrows in markets by calling the International Monetary Fund "stupid" for cutting its growth outlook for Southeast Asia's largest economy.
When John Omondi received his COVID-19 vaccination last month, the Kenyan taxi driver counted himself one of the lucky ones.
These documents and tools received the support of the Global Water Security & Sanitation Partnership (GWSP). GWSP is a multi-donor trust fund administered by the World Bank’s Water Global Practice and ...
On Friday, a senior Indonesian official announced that the country would impose an import tariff of up to 200 percent on a range of Chinese goods, in order to protect the country’s micro, small, and ...
Secretary of War Pete Hegseth and Indonesia Minister of Defense Sjafrie Sjamsoeddin stand for the playing of the U.S. and Indonesian national anthems prior to a bilateral meeting at the Pentagon, ...
Hundreds of people have been killed and millions displaced as extreme weather has ravaged Southeast Asia this month. Indonesia’s heavy rain was linked to two tropical cyclones. By Jin Yu Young and ...
When the government effectively forced TikTok to shut down its Shop feature, the company quickly struck an unusual deal with a local company to bring it back. Agata Pinastika Kenastuti’s children’s ...
Indonesia is proud of its religious diversity and its reputation for tolerance, but minorities, including Catholics, still face discrimination. By Sui-Lee Wee and Emma Bubola Sui-Lee Wee traveled to ...
ACHIEVING RECIPROCAL TRADE: Today, the Trump Administration finalized a landmark trade agreement with Indonesia that will provide Americans with unprecedented market access and unlock major ...
India's palm oil imports in December fell from a year ago as a steep rally in prices reduced its discount to rivals, prompting refiners to increase imports of soyoil and sunflower oil, a leading trade body said on Wednesday.
A walkout by officials from the United States, Britain and Canada over Russia's participation in a meeting of finance officials from the world's 20 biggest economies did not derail the meeting's focus on finding common ground to address headwinds confronting global growth, the body's chair said on Wednesday.
China's military conducted patrols in the South China Sea from August 3 to 4, a spokesperson for the Southern Theatre Command said on Monday.
Indonesia, the world's fourth-most populous nation, will hold an election on Feb. 14. Here's what you need to know.
Rising demand for oil abruptly reversed course in July and is set to proceed more slowly for the rest of the year due to the spread of the COVID-19 Delta variant, the International Energy Agency (IEA) said on Thursday.
Malaysia has lifted an order to suspend the imports of live cattle and buffalo from Australia, its department of veterinary services said on Wednesday.
India and the Association of Southeast Asian Nations (ASEAN) have agreed to review their trade pact by 2025, the Indian government said on Monday, less than a month after India's trade minister called the agreement unfair to the Indian industry.
India slashed its export tax on raw hides and skins of buffalo to 30% from 40% earlier, Finance Minister Nirmala Sitharaman said on Tuesday.
Indonesia is studying the implementation of a biodiesel blend that contains 50% palm oil in 2026, and is also looking at a 3% blend for jet fuel next year, energy ministry official Eniya Listiani Dewi told parliament members on Tuesday.
Southeast Asia's Grab on Tuesday said it was experiencing a disruption to its services, with customers and drivers in Singapore, Indonesia and Malaysia complaining that they were having trouble using the app's ride-hailing functions.
Danish shipping company Maersk on Monday said it will invest more than $500 million to expand its supply chain infrastructure in South-East Asia.