Nikkei Slides as US Tech Drags, Hang Seng Lifted by Market Bets

asiafinancial.com Asian shares were mixed on Thursday as a tech slump, fired by downbeat earnings forecasts from Facebook parent Meta Platforms, weighed in most corners, while positive bets…

Nikkei, Hang Seng, China Stocks Rally on Tech Earnings Boost

asiafinancial.com Asia’s major stock indexes rallied on Wednesday, riding a tech-fuelled Wall Street wave and buoyed by rising optimism over a US interest rates turnaround. An after-hours…

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,…

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…

Hang Seng Boosted By Wall St Tech, Weak Yen Lifts Nikkei

asiafinancial.com Asia’s major stock indexes advanced on Tuesday as a tech-led Wall Street rally buoyed the mood across the region. Investors were betting on earnings reports due out from US…

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…

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…

Taiwan's Lai poised to build on Tsai's Southeast Asia outreach

asia.nikkei.com JAKARTA -- Taiwanese President-elect Lai Ching-te will be looking to build on predecessor Tsai Ing-wen's policies after his inauguration in May, including deeper engagement…

Apple pulls WhatsApp and Threads from App Store on Beijing's orders

abcnews.go.com Apple says it has removed Meta’s WhatsApp messaging app and its Threads social media app from the App Store in China on Beijing’s orders HONG KONG -- Apple said it had…

Mayors of Big Global Cities Calling for Urban Climate Finance

asiafinancial.com Leaders of dozens of the world’s biggest cities have appealed to multilateral development banks (MDBs) for funding to help them to adapt to and counter global warming.…

Study Shows Half of China’s Big Cities Sinking, Rising Seas Risk

asiafinancial.com A multi-year study of satellite data has found that nearly half of China’s big cities suffer “moderate to severe” subsidence. The nationwide data released on Friday shows…

BTS ‘Monochrome’ Pop-Ups Coming to Los Angeles, Tokyo, Seoul, Bangkok, Jakarta and Manila

billboard.com A BTS pop-up shop is headed to a number of cities in Asia and to Los Angeles beginning later this month. The K-pop supergroup’s label Big Hit Music announced on Wednesday…

The Eclipse Foundation Unveils Open Community Experience (OCX), Europe's Premier Event for Open Source Innovation

benzinga.com BRUSSELS, Belgium, April 18, 2024 (GLOBE NEWSWIRE) -- The Eclipse Foundation, one of the world's largest open source foundations, is proud to announce the launch of , a…

Jokowi asks China to help build new capital's transport system

asia.nikkei.com JAKARTA -- Indonesian President Joko "Jokowi" Widodo met Chinese Foreign Minister Wang Yi on Thursday in Jakarta in an effort to strengthen ties with China ahead of the…

Jokowi asks China to help build transport new Indonesian capital

asia.nikkei.com JAKARTA -- Indonesian President Joko "Jokowi" Widodo met Chinese Foreign Minister Wang Yi on Thursday in Jakarta in an effort to strengthen ties with China ahead of the…

Apple keeps looking for new places to make its stuff that aren't China

aol.com None Such a move would help Apple reduce its reliance on manufacturing in China. • None The Apple CEO also visited Vietnam, another of its manufacturing hubs, this week.…

Apple will 'look at' manufacturing in Indonesia, CEO Cook says, as China diversification push continues

cnbc.com Apple CEO Tim Cook gestures as he arrives for a meeting with Indonesia's President Joko Widodo at the Merdeka Palace in Jakarta on April 17, 2024. Apple CEO Tim Cook said…

Apple CEO says it is considering a manufacturing facility in Indonesia

aol.com Apple Inc will look into building a manufacturing facility in Indonesia, its CEO said on Wednesday after meeting President Joko Widodo, who hoped the tech giant would…

Apple CEO says company is 'looking at' manufacturing in Indonesia

apnews.com Apple CEO Tim Cook said the company is “looking at” manufacturing in Indonesia as he met with Indonesian President Joko Widodo on Wednesday. “We talked about the president’s…

Apple to 'look at' Indonesia manufacturing, Tim Cook tells Jokowi

asia.nikkei.com JAKARTA/PALO ALTO, California -- Apple CEO Tim Cook said the iPhone maker will "look at" the possibility of manufacturing in the country after a meeting with Indonesian…

Nikkei, Hang Seng Slide as US Data Dashes Rate Hopes

asiafinancial.com Asian stocks were in retreat on Tuesday after already fading hopes of US rates cuts anytime soon were dashed further, while tensions in the Middle East also weighed heavily…

Rupiah hits 4-year low as Indonesia reopens after holiday

asia.nikkei.com JAKARTA -- The Indonesian rupiah hit a four-year low on Tuesday, as the dollar continues to rally, in the wake of higher-than-expected inflation data and concerns over…

Indonesia aims for tighter curbs on import practice known as 'jastip'

asia.nikkei.com JAKARTA -- The practice of Indonesians paying compatriots to buy products for them when traveling abroad has become a lucrative business opportunity, boosted by the…