Indonesia's new sovereign wealth fund Danantara will deploy about $10 billion in its first three months of operation starting in October, with 80% earmarked for domestic investments and the rest going overseas, its chief investment officer said on Thursday.
Bank Indonesia (BI) is widely expected to keep interest rates unchanged on Thursday as the rupiah comes under pressure due to a rise in U.S. bond yields, with some analysts seeing no more room for further easing, a Reuters poll showed on Tuesday.
Some Federal Aviation Administration (FAA) engineers recommended grounding the Boeing 737 MAX in March 2019 after a second fatal crash and before the agency took action, a report released Friday said.
Aluminium and zinc prices climbed on Tuesday, with buying spurred on by concerns over supply disruptions because of prolonged high power prices, while industrial metals in general were boosted by a weaker dollar.
A look at the day ahead in Asian markets from Jamie McGeever.
Prices of the cobalt hydroxide used to make chemicals for electric vehicle batteries have plummeted due to an upsurge of supplies from top producer Democratic Republic of Congo.
Holders and hosts Qatar will take on China, Tajikistan and Lebanon in the group stages of the Asian Cup finals in January after the draw was conducted in Doha on Thursday.
FTSE Russell confirmed on Tuesday it will upgrade Vietnam to emerging market status from frontier status in September based on an interim review, the final seal of approval for the long-awaited move.
Chinese civil drone maker Aerospace Times Feipeng is accelerating its global expansion push with a focus on Southeast Asia and the Middle East, as it seeks to navigate intense domestic competition, a company executive said.
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Vietnam said Chinese online retailers Shein and Temu need to register with the government before the end of November or it will block their internet domains and apps from being used in the country.
East Asian economic leaders warned on Thursday of risks to the region's outlook and pledged to remain committed to market stability and sound fiscal policy.
Brazilian digital bank Nubank said on Monday it has invested $150 million in Tyme Group, a Singapore-based digital bank backed by China's Tencent with 15 million customers in South Africa and the Philippines.
Indonesian e-commerce firm Bukalapak is keen to raise as much as $800 million in an IPO in August, two people with knowledge of the matter said, the first of two big tech listings in Jakarta this year that will add long-sought lustre to the local bourse.
Worldwide electricity generation from coal hit record highs in 2023, while thermal coal exports surpassed 1 billion metric tons for the first time as coal's use in power systems continues to grow despite widespread efforts to cut back on fossil fuels.
U.S. Defense Secretary Pete Hegseth held talks on Friday with counterparts from China and India, among a series of face-to-face meetings at an ASEAN defence summit in Malaysia as Washington seeks to boost its influence and regional security ties.
Indonesian police arrested firebrand Islamic cleric Rizieq Shihab on Saturday on suspicion of violating coronavirus protocols after the staging of several mass gatherings since his return from self-exile in Saudi Arabia last month.
Indonesia's new criminal code ushers in a raft of new laws, including banning sex outside of marriage, insulting the president, and expressing any view that runs counter to state ideology.
Vietnamese electric car maker VinFast is looking at further delaying a planned $4 billion factory in North Carolina, a person briefed on the matter said, as the loss-making company struggles to gain favour with U.S. consumers.
An Indonesian corruption court on Thursday found businessman Benny Tjokrosaputro guilty in a stock manipulation case involving state insurance firm Asabri and fined him 5.7 trillion rupiah ($371.67 million).
The upstream arm of Indonesia's state energy company Pertamina, Pertamina Hulu Energi, kicked off an investor education roadshow on Tuesday for Southeast Asia's potentially biggest initial public offering (IPO) so far this year, according to a term sheet seen by Reuters.