Indonesia wants progress on EU trade deal – DW

dw.com The Southeast Asian nation accuses Brussels of "regulatory imperialism" following recent disputes over deforestation and nickel. But it's still hoping for an agreement.…

Man 'staggered' as lost card found on Antarctic seafloor 2,400 miles away

newsweek.com A man has been reunited with a security card that he lost 21 years ago after it was discovered 2,400 miles away underneath the ice of Antarctica. The card was lost by New…

It’s not just investors watching the Fed: Central bankers across Southeast Asia are trying to time rate cuts to ensure their currencies don’t collapse

aol.com As 2024 began, Fed watchers thought it was a matter of when, not if, the U.S. central bank would cut interest rates. Four months into the year, most aren’t quite so…

It’s not just investors watching the Fed

fortune.com As 2024 began, Fed watchers thought it was a matter of when, not if, the U.S. central bank would cut interest rates. Four months into the year, most aren’t quite so…

Boeing’s financial woes continue as families of 737 Max crash victims push U.S. to prosecute the plane maker

fortune.com Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing…

Australian, Indonesian Tax Bodies Sign Agreement to Share Crypto Information

news.bitcoin.com The tax authorities of Australia and Indonesia have signed a memorandum of understanding to share information on cryptocurrency. Under this agreement, both entities will…

Inflation, operating costs had the biggest impact on Asian firms last year, survey shows

cnbc.com Higher costs had the biggest impact on Asian businesses in 2023, even as they continued to grapple with a global economic slowdown and rising borrowing costs, according to a…

Boeing's financial woes continue, while families of crash victims urge US to prosecute the company

apnews.com Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces over the…

China Is Winning Big On Smaller EVs

zerohedge.com China Is Winning Big On Smaller EVs Smaller is better...at least in the world of building EVs for the Asian market. And while less scrupulous publications might take this…

China drives both EV production and sales

aol.com China is the center of the global EV market. More than half of all EVs sold last year were produced by Chinese companies, according to a recent report from the International…

Equities mixed as investors eye earnings; yen on intervention watch

investing.com NEW YORK/LONDON (Reuters) - U.S. and European shares finished mixed on Wednesday ahead of more corporate earnings this week, and the yen was mired near 34-year lows, keeping…

WATCH LIVE: Families of Boeing crash victims hold news conference following meeting with DOJ

pbs.org Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing…

It's One of the Last Pristine Coral Reefs on Earth. Should We Be Visiting It?

wsj.com The Raja Ampat archipelago of Indonesia looms large in the imaginations of underwater adventurers. But by visiting its relatively untouched reefs are we protecting them—or…

Apple looks to Southeast Asia, India as hedge against China difficulties

aol.com CEO Tim Cook toured Southeast Asia last week, visiting Vietnam, Indonesia, and Singapore, as part of a multiday trip geared toward reducing Apple’s reliance on China as its…

The 30 Most Populated Countries On Earth Today

247wallst.com Global population growth has slowed to historic lows in recent years. The number of people on Earth expanded by just 0.8% in 2022, the smallest increase since at least 1960,…

Hannon's Take: Fed Uncertainty Claims First Central Bank Victim

wsj.com Bank Indonesia unexpectedly lifted interest rates as it looks to bolster its tumbling currency. It is unlikely to be the last amid a global pivot to the U.S. delaying rate…

Asian Central Banks Face Policy Dilemma From Fed Rate-Cut Delay, FX Crunch

wsj.com A surprise rate hike by Indonesia’s central bank underlines expectations that the start of monetary policy easing is looking increasingly far off for many Asian central…

America generates 40 million tons of plastic waste a year

businessinsider.com Americans produce 40 million tons of plastic waste each year. And it has to go somewhere. Carl Godfrey for BI America has long had a plastic problem. It's an urgent question…

Indonesian President Cautions Against Crypto in Money Laundering Risks

cryptonews.com The President of Indonesia Joko Widodo has raised concerns over the use of cryptocurrencies in money laundering. According to a recent report by Antara, President Widodo…

Indonesia's Prabowo pledges to end poverty, create good jobs

asia.nikkei.com JAKARTA -- Indonesia's incoming president, Prabowo Subianto, on Wednesday pledged that his government would eliminate poverty and create good jobs, calling on the country's…

Indonesia hikes key interest rate to 6.25% as rupiah slumps

asia.nikkei.com JAKARTA -- Indonesia's central bank raised its benchmark interest rate by 25 basis points to 6.25% on Wednesday as it tries to shore up the weak rupiah. Twenty-nine of 35…

Indonesian President Joko Widodo Warns of Money Laundering via Crypto and NFTs

coindesk.com Indonesian President Joko Widodo warned the Financial Transaction Reports and Analysis Centre (PPATK) to monitor the use of crypto and non-fungible tokens (NFTs) for money…

Indonesia, Australia Authorities Ink Crypto Taxation Deal

cryptonews.com Indonesia and Australia’s taxation authorities on Monday signed a pact in Jakarta to establish a crypto information-sharing arrangement. The purpose of this agreement,…

Chinese suppliers shrug off U.S. tariff threats as customers flock to their cheap goods

fortune.com China can withstand any new tariffs the world throws at it—even the punitive ones Donald Trump is planning if he wins a second presidential term—because its prices are…

Congress tells China: sell TikTok or we’ll ban it

economist.com Joe Biden joined TikTok only two months ago, with a video entitled “lol hey guys”. Now America’s president is poised to sign a bill that could ban the popular app. On April…

Satellite photos show construction of Indonesia's new capital city

newsweek.com What does a country do when its overcrowded, polluted capital city starts sinking into the ocean? It builds a new one. That's the plan in Indonesia, where construction is…

India's Modi hit By backlash over Muslims Comment: "hate speech"

newsweek.com Indian Prime Minister Narendra Modi has come under attack from political opponents for using the word "infiltrators" during a reference to Muslims in an election campaign…

Canada and allies considering trade measures against China and Indonesia over manipulation of nickel market, Freeland says

theglobeandmail.com Deputy Prime Minister Chrystia Freeland says that Canada and its allies are weighing taking action against China and Indonesia in the nickel market, as the two Asian…

Europe’s new plan to safeguard its economy

economist.com As the Chinese proverb almost says, a journey of a thousand miles begins with a single white paper. That, at least, is how a lot of EU policy is made. On January 24th the…

Russia outsmarts Western sanctions

economist.com Nazem Ahmad, an art collector and financier, who owns work by Andy Warhol and Pablo Picasso, has been under American sanctions since 2019. That may sound like a problem, but…

The false promise of Indonesia’s economy

economist.com In politics, repetition is a crucial part of any campaign. But for Indonesian voters, who go to the polls to elect a new president on February 14th, one pledge is starting…

UPDATE 2-Miner Freeport-McMoRan beats quarterly profit estimates on strong production

finance.yahoo.com Copper miner Freeport-McMoRan beat Wall Street estimates for first-quarter profit on Tuesday, helped by higher production and easing costs. The mining giant said its…

Miner Freeport-McMoRan beats quarterly profit estimates on strong production

theglobeandmail.com Copper miner Freeport-McMoRan FCX-N beat Wall Street estimates for first-quarter profit on Tuesday, helped by higher production and easing costs. The mining giant said its…

Lower prices, stubborn costs could weigh on copper miners' quarterly results

finance.yahoo.com North American copper miners are expected to report a decline in first-quarter earnings this week due to lower prices of the red metal amid persistently high costs.…

How The Ho Chi Minh Film Festival Plans To Become Southeast Asia’s Top Event

deadline.com After wrapping its inaugural edition, the Ho Chi Minh Film Festival (HIFF) has set its sights on becoming the largest film festival in Southeast Asia. Showcasing more than…

Strong Dollar False Fears Are Back, and Overdone

fisherinvestments.com Whatever the dollar is doing lately, you can be sure many pundits don’t like it. When it is weak, people hate it—it makes America import inflation. And when it is strong,…

Tycoon Tanoto plans US$1.5 billion lyocell plant in China after Vinda takeover

scmp.com A personalised news feed of stories that matter to you Get more with my NEWS Indonesian tycoon Tanoto plans US$1.5 billion lyocell fibre plant in Shandong, raising bets on…

Hong Kong’s small businesses more confident of growth than their mainland China, Singapore peers, survey shows

scmp.com In mainland China, New Zealand and Taiwan the proportion of companies foreseeing growth was 59 per cent, 60 per cent and 63 per cent respectively. Hong Kong more or less…

Fed’s preferred inflation gauge expected to back patience on interest-rate cuts

financialpost.com United States Federal Reserve officials are about to get further confirmation that progress against inflation has stalled, supporting what appears to be a shift in tone to…

Apple CEO says company will 'look at' manufacturing in Indonesia

abcnews.go.com Apple CEO Tim Cook said the company is “looking at” manufacturing in Indonesia as he met with Indonesian President Joko Widodo on Wednesday Apple CEO says company will 'look…

Why Apple is betting big on India

cnbc.com "There are a lot of people coming into the middle class, and I really feel that India is at a tipping point, and it's great to be there," Apple CEO Tim Cook said in May last…

Why A Powerful Silver Bull Market May Be Ahead

zerohedge.com Why A Powerful Silver Bull Market May Be Ahead By Jesse Colombo of BullionStar Since early-March, precious metals have launched one of their sharpest rallies in decades.…

Overwhelming Supports for Banning Single-Use Plastics

statista.com A total of 175 governments from around the world agreed in 2022 to draw up a global agreement by the end of 2024 to put an end to plastic pollution. Survey data published by…

Fake AI Political Vids Spark India Election Meddling Fears

asiafinancial.com Fake videos of two of India’s A-lister Bollywood actors, criticising Prime Minister Narendra Modi and campaigning for the opposition Congress party, have raised fears of AI…

Woman moving abroad films "hardest" goodbye with elderly family dog

newsweek.com A woman has filmed the emotional moment she said goodbye to her beloved family dog ahead of moving abroad. In the heartbreaking video, Aiste Stankeviciute (@_aiste_st), is…

Which Countries Export & Import Plastic Waste?

statista.com This year's Earth Day, held on April 22, has the motto "planet vs. plastic". One area where the problem of global plastic reliance becomes very visible is the plastic waste…

Indonesian court rejects challenge against Prabowo's election win

asia.nikkei.com JAKARTA -- Indonesia's Constitutional Court on Monday rejected claims disputing Prabowo Subianto's victory in February's presidential election, saying it had not identified…

'Tremendous' currency pressure tests Asia bond investors

asia.nikkei.com HONG KONG -- The U.S. dollar's strength and bets that the Federal Reserve will delay interest rate cuts are turning up the heat on Asian bond investors, as local currencies…

X to challenge Australian content takedown orders in court

theregister.com Asia In Brief Elon Musk's X, the artist formerly known as Twitter, has vowed to commence court action against Australia's government over orders to take down content…

Asian Traders Await Key Data; US Futures Climb: Markets Wrap

finance.yahoo.com Asian markets were set for a muted open Monday as focus shifts to a slew of company earnings and economic data this week for insight into the direction of central bank…

The global economy has become fragmented. Here’s how Canada can help repair it

theglobeandmail.com Paul Jenkins is a senior fellow at the C.D. Howe Institute and former senior deputy governor of the Bank of Canada, while Mark Kruger holds senior fellow appointments at the…

Cheap Tech, Big Gains: 7 Stocks Under $10 to Buy Now

investorplace.com One of the golden rules in the market (and in life) is that you get what you pay for, which makes the concept of cheap tech stocks a bit questionable. Yes, they may be…

World Bank official calls for shake-up of G20 debt relief scheme

theguardian.com The mechanism for providing debt relief to the world’s poorest countries is failing to produce results and requires a major rethink, a senior official at the World Bank has…

Report: Global land-based broadband uptake shrinks during Q4 2023, lowest since 2019

thedesk.net Canada and Italy had some of the slowest broadband growth and, in some cases, a reversal of adoption based on a decline in cable and copper connections. Canada and Italy had…

Dog rescued from meat trade with just three teeth finds love and acceptance

newsweek.com A rescue dog who was left with just three teeth after being saved from the meat trade in China has found love and acceptance thousands of miles away. Lisa Garner, from…

Fed’s Preferred Inflation Gauge Is Set to Back Rate-Cut Patience

finance.yahoo.com Federal Reserve officials are about to get further confirmation that progress against inflation has stalled, supporting what appears to be a shift in tone to keep interest…

S&P 500 Giants, Leading AI Play Among Stocks To Watch

investors.com S&P 500 stocks Allstate (ALL) and TransDigm (TDG) along with recent IPO Cava (CAVA) and Sea Limited (SE) are in focus this week. The stock market has suffered significant…