JAKARTA, Indonesia — The defense ministers of Indonesia and Japan signed a cooperation agreement on Monday, Jakarta said, underlining the need to safeguard regional peace and stability in the face of ...
East Timor independence hero Xanana Gusmão's party was leading with two-thirds of votes counted in a parliamentary election, state media showed on Monday, heralding a possible return to power for the former rebel after nearly a decade in opposition.
The Philippine government has sought another 540 billion pesos ($11.24 billion) in financial support from the central bank, the third time it has done so this year, to mitigate the impact of the coronavirus pandemic, its treasurer said on Tuesday.
Most Asian central banks will cut interest rates slower than the U.S. Federal Reserve over the coming year, Reuters polls showed, as solid growth has eased pressure to maintain currency stability against a persistently strong dollar.
Bearish bets on Indonesia's rupiah climbed to their highest in more than three years, as a firmer dollar and elevated energy prices pushed investors to demand higher returns for holding riskier oil-sensitive assets, a Reuters poll showed on Thursday.
Emerging Asia's stocks and currencies fell on Tuesday as investors sold risky assets ahead of a slew of key central bank meetings, while China's property sector woes also weighed on market sentiment.
Tight edible oil stockpiles and blocked shipments from the Black Sea area are expected to keep prices near record highs for the coming months, but sticker shock is expected to curb global consumption in the latter half of 2022, industry analysts said.
The Thai baht and the Philippines Peso led gains among rising Asian currencies on Thursday, with the baht appreciating to nearly a five-month high on surging gold prices, while the peso climbed ahead of a central bank meet.
Thailand on Monday justified hosting talks aimed at re-engaging with Myanmar's shunned military, saying dialogue was necessary to protect its border with the strife-torn country, even as top diplomats of key Southeast Asian neighbours stayed away.
Energy majors are pouring money into gas exploration and production in Malaysia and Indonesia to meet rising power demand from growing populations and a proliferation of data centres in the region.
Australia is confident of launching at least one bid for upcoming Asian Cups, but its hopes of hosting the 2023 men's tournament rest on the appetite for a summer schedule, the country's soccer chief said on Wednesday.
Indonesia's central bank cut interest rates again in a surprise move on Wednesday and flagged it could cut some more, as it stepped up support for Southeast Asia's largest economy against the backdrop of global uncertainties.
Billionaire Elon Musk said on Monday he was working "at the absolute most amount...from morning til night, seven days a week" when asked about his recent acquisition of Twitter and his leadership of automaker Tesla Inc .
Asian stocks were largely mixed on Monday, with Malaysian and Philippine equities falling the most, while currencies weakened as concerns over the Omicron variant and inflation pressured most emerging units on the first trading day of the year.
Hospitals in Indonesia's easternmost region of Papua are nearing full capacity amid a surge in COVID-19 cases, with health officials bracing for the full impact of the virulent Delta variant on one of the country’s least-developed areas.
The head of the International Energy Agency said on Tuesday the G7 proposal to impose a price cap on Russian oil should include refined products as well.
Italian energy company Eni is in talks with Japan on supplying the country with liquefied natural gas (LNG), Cristian Signoretto, Eni's director for global gas and LNG portfolio, told reporters on the sidelines of a conference on Sunday.