Indonesia's outgoing president hopes the nation's new capital city will be his greatest legacy, but some say the plan has critical flaws. Indonesia's future capital Nusantara is under development but ...
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 ...
Since the resumption of diplomatic relations in 1990, China and Indonesia have seen comprehensive development in bilateral economic and trade cooperation. In recent years, this cooperation has ...
Most Asian currencies fell on Thursday after minutes from the latest U.S. Federal Reserve meeting indicated the central bank would likely raise interest rates sooner than expected, weighing on riskier assets.
Asian oil refiners are reaping their highest profits ever this week, spurred by higher fuel demand during peak holiday seasons as more economies recover from the COVID-19 pandemic while the region ramps up exports to Europe to replace a Russia shortfall.
Tesla Inc has held discussions with officials about incentives being offered by India for car and battery manufacturing, said a person with direct knowledge of the talks, as the automaker looks anew at entering the Indian market.
Emerging Asian equities and currencies trimmed gains on Tuesday on concerns that the Omicron coronavirus variant could prove more resistant to existing vaccines, while South Korean shares dropped over 2% on weak domestic data.
A look at the day ahead in Asian markets.
Foreign investors sharply slowed their purchases of emerging market assets in February to below $22 billion even as flows remained positive across both debt and equities, data from a global banking trade group showed on Tuesday.
Canada's International Trade Minister said on Thursday that there was interest from both sides to advance trade talks with South American bloc Mercosur, as Ottawa seeks new deals in a push to diversify from the U.S.
Governments worldwide are trying to shield consumers from soaring energy costs resulting from the U.S.-Israeli war on Iran and the near-closure of the Strait of Hormuz.
The plans by Trump's family business are proceeding amid risks of US tariffs on Vietnam.
Shares and currencies in Asia's emerging markets fell sharply on Friday, as investors fled riskier assets after the detection of a new and possibly vaccine-resistant coronavirus variant, which in-turn strengthened safe-haven assets like the dollar.
A look at the day ahead in Asian markets.
The Fed's actions and Chair Jerome Powell's press conference will dominate proceedings.
U.S. Treasury Secretary Janet Yellen heads to Asia next week to meet with officials from Japan, South Korea and other G20 economies as she seeks to build support for a price cap on Russian oil, the Treasury Department said on Friday.
China is set to export the most steel this year since 2016, say analysts, as the weakening yuan and competitive prices help the world's biggest producer offload surplus metal due to weak demand at home.
Asian currencies and equities sank on Thursday as Russia invaded Ukraine, sending oil prices soaring. The Indian rupee and the Thai baht slumped the most among currencies.
Bearish bets on most emerging Asian currencies firmed as data continued to point towards a fragile recovery in China, with short positions on Indonesia's rupiah rising to a year-high, a Reuters poll found on Thursday.
Asian emerging market shares were broadly weaker on Thursday, hurt by the dollar's strength, as a hawkish tilt by Federal Reserve policymakers encouraged bets for quicker U.S. interest rate hikes, and made investors more wary of riskier assets.
Eschewing face-time with foreign leaders at global summits this week, Chinese President Xi Jinping on Thursday visited the homes of villagers in a rural part of northeast China battered by floods.
The close encounter occurred over the contested South China Sea last week.
Most Asian currencies fell on Thursday after minutes from the latest U.S. Federal Reserve meeting indicated the central bank would likely raise interest rates sooner than expected, weighing on riskier assets.