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Jakarta Post
Traders look at their computer screens while monitoring market movements in Jakarta on March 16, 2023.
Traders look at their computer screens while monitoring market movements in Jakarta on March 16, 2023.`
Markets

Asian markets get off to largely positive start of week

Asian markets mostly rose Monday following last week's strong performance, with traders focused on a closely followed meeting of central bank chiefs where the Federal Reserve's Jerome Powell is due to deliver a key speech.

31 minutes ago
Executive Column premium

Executive Column: Agate gears up to capture local, global gaming market

Shieny Aprilia, CEO of local game developer Agate, speaks about fundraising and expansion plans, as well as her insights into the role of AI in shaping the future of the gaming industry.

47 minutes ago
Regulations premium

2025 budget to focus on purchasing power to prop up growth

The budget plan keeps many spending items unspecified, including for the development of the country’s future capital, leaving the details to the administration of president-elect Prabowo Subianto.

14 hours ago

The Latest

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Tech

X ‘closing operations’ in Brazil due to judge's content orders

Media platform X said on Saturday it would close its operations in Brazil "effective immediately" due to what it called "censorship orders" by Brazilian judge Alexandre de Moraes.

21 hours ago
Companies

US judge blocks Fox, ESPN and Warner Bros sports streamer

ESPN, Warner Bros and Fox announced in February that they would create the new streaming service, called Venu Sports.

1 day ago
Markets

Gold hits record high as global markets rise

Gold hit a record high on Friday as global stock markets gained on reassuring data about the health of the world's biggest economy and likely US interest rate cuts.

2 days ago
Regulations premium

Free meals, green economy to drive 2025 GDP: Jokowi

President Joko “Jokowi” Widodo says the green economy and Prabowo Subianto’s flagship free meals program will prop up economic growth next year by fueling micro-level business activity and boosting exports.

2 days ago
Regulations premium

BKPM asks Finance Ministry to extend tax breaks for 18 industries

The current incentives are set to expire on Oct. 8, four years after the government first granted them through Finance Ministerial Regulation (PMK) No. 130/2020.

2 days ago
tech

X ‘closing operations’ in Brazil due to judge's content orders

Media platform X said on Saturday it would close its operations in Brazil "effective immediately" due to what it called "censorship orders" by Brazilian judge Alexandre de Moraes.

21 hours ago
tech

China's growing 'robotaxi' fleet sparks concern, wonder on streets

Turning heads as they cruise past office buildings and malls, driverless taxis are slowly spreading through Chinese cities, prompting both wariness and wonder.

2 days ago
tech

China test-flies biggest cargo drone as low-altitude economy takes off

China flew its biggest-yet unmanned cargo aircraft designed for civilian use, as the world's top drone-making nation steps up test flights of autonomous aerial vehicles (UAVs) that could ultimately ferry everything from takeouts to people.

6 days ago
tech

Chinese firms stockpile high-end Samsung chips as they await new US curbs: Sources

Chinese tech giants including Huawei and Baidu as well as start-ups are stockpiling high bandwidth memory (HBM) semiconductors from Samsung Electronics in anticipation of US curbs on exports of the chips to China, three sources said.

1 week ago
economy

US annual consumer price increase slows to below 3% as inflation ebbs

Ebbing inflation aligns with anecdotes from businesses that consumers are pushing back against high prices, through bargain hunting, cutting back on purchases and trading down to lower-priced substitutes.

3 days ago
economy

Japan's economy rebounds strongly on consumption boost

Japan's economy expanded by a much faster-than-expected annualized 3.1 percent in the second quarter, rebounding from a slump at the start of the year thanks to a strong rise in consumption and backing the case for another near-term interest rate hike.

4 days ago
economy

Malaysia to acquire trains through $2.4 billion leasing deal with China

In the first phase from 2024 to 2027, the government aims to acquire 62 new passenger train sets at an estimated cost of 10.7 billion ringgit ($2.4 billion) to be paid in installments over a 30-year lease period, Minister Anthony Loke told reporters. 

4 days ago
economy

Jo Miyake: HSBC's global support for growth via the new economy and foreign investment

The World Economic Forum estimates that more than two-thirds of new value creation over the next decade could come from digitally enabled platforms, and the digital economy will reach $16.5 trillion and capture 17% of global GDP by 2028 for 14 countries across North America, Europe, APAC, and Latin America.

5 days ago
companies

US judge blocks Fox, ESPN and Warner Bros sports streamer

ESPN, Warner Bros and Fox announced in February that they would create the new streaming service, called Venu Sports.

1 day ago
companies

Empowering Indonesia’s organizations with AI innovation

In this rapidly changing landscape, where the integration of AI is becoming more prevalent in workplaces worldwide, organizations face a dual challenge: adapting to the automation of tasks while nurturing a work environment that values the human experience of their employees.

3 days ago
companies

Workers strike at world's biggest copper mine in Chile

Workers at the world's largest copper mine in Chile are striking after pay talks with Australian resources giant BHP fell apart, casting a shadow of uncertainty Wednesday over the market for the commodity.

4 days ago
companies

Thousands demand halt to Rio Tinto's lithium project in Serbia

Tens of thousands of people gathered in central Belgrade on Saturday demanding a halt to Rio Tinto's lithium project in Western Serbia over fears it could pollute nearby land and water.

1 week ago
companies

Ethiopian Airlines signs deal for $6 billion mega airport

Ethiopian Airlines has signed a deal for the design of a new US$6 billion airport described as the biggest in Africa, state media reported.

1 week ago
markets

Asian markets get off to largely positive start of week

Asian markets mostly rose Monday following last week's strong performance, with traders focused on a closely followed meeting of central bank chiefs where the Federal Reserve's Jerome Powell is due to deliver a key speech.

31 minutes ago
markets

Gold hits record high as global markets rise

Gold hit a record high on Friday as global stock markets gained on reassuring data about the health of the world's biggest economy and likely US interest rate cuts.

2 days ago
markets

Japanese stocks head for best week in four years

Asia shares were headed for a weekly gain on Friday and Japan's benchmark Nikkei was poised for its best week in over four years as upbeat risk sentiment spilled over from Wall Street, while the dollar and US Treasury yields held broadly steady.

3 days ago
markets

Asian stocks follow Wall Street climb

Asian markets mostly mirrored positive strides on Wall Street in early trade Thursday, as easing US consumer inflation buoyed hopes that a big interest rate cut was around the corner and economic growth in Japan outpaced expectations.  

3 days ago
markets

Asian shares rise, kiwi slumps as New Zealand cuts rates

Asian shares rose and the dollar nursed losses on Wednesday after soft US producer prices data stirred hopes that consumer price inflation would be benign, sending bond yields lower.

5 days ago
markets

Overseas investors turn bearish on Japanese equities after brutal sell-off

Global investors are turning bearish on once-favored Japanese stocks following last week's turbulence as they reassess economic prospects and the viability of yen-funded trades.  

5 days ago

Today's ePost

Mon, August 19, 2024

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