Indonesia

Indonesia blocked access to Polymarket after the platform allowed bets on the premature termination of President Prabowo Subianto’s term, local media reported on Monday. Indonesia Tightens Online Gambling Rules The Indonesian Ministry of Communications and Digital Affairs classified...

After a volatile but overall bearish year, nickel is closing 2025 on a positive note. One of the "forgotten" metals has turned bullish, rallying 5.5% in a month. Yet, time will show whether this run is a legitimate turnaround or a sector-based tailwind. Still, in the last two years, nickel remained...

China’s exports to the United States have plunged over 43% year-over-year in May, representing a $15 billion drop in trade value, yet at the same time, China’s total exports have increased 4.8%, according to official figures, despite the trade and tariff-related turbulence. What...

President Donald Trump announced on Sunday that he will impose an additional 10% tariff on any country that aligns with BRICS’ anti-American policies, escalating trade tensions as his July 9 deadline approaches for comprehensive tariff restructuring. What Happened: Trump posted on Truth...

President Donald Trump has said that he has signed letters to 12 countries, detailing the tariff rates they would face on exports to the United States.  What Happened: According to a Reuters report, these “take it or leave it” offers are set to be dispatched on Monday. Trump did not...

As President Donald Trump lights the global economy on fire in his bid to reduce America’s $1.2 trillion annual trade deficit, a few astute observers on X have uncovered the math that went into arriving at the tariffs that other countries charge the United States, which ultimately led to the...

Indonesia has tapped Bridgewater Associates’ Ray Dalio and economist Jeffrey Sachs to advise its new sovereign wealth fund amid concerns about its governance. Indonesia’s stock market has tumbled in recent months. What Happened: The Southeast Asian country’s wealth fund, Danantara...

Apple Inc (NASDAQ:AAPL) could enjoy a boost in international smartphone sales once it’s cleared to sell the iPhone 16 in Indonesia. What Happened: Apple has been unable to sell the iPhone 16 in Indonesia since October, due to the Cupertino, California-based company not meeting investment...

The World Bank's Global Economic Prospects report, released Thursday, highlights a fragile outlook as inflation, trade disruptions, geopolitical tensions and policy uncertainty weigh on momentum. The global economy is expected to stay stuck at 2.7% growth in 2025-’26, a pace too weak to drive...

Apple Inc. (NASDAQ:AAPL) remains unable to sell its iPhone 16 in Indonesia. What Happened: Apple has not met Indonesia’s domestic content requirements, which stipulate that smartphones sold in the country must include at least 35% locally-made components. This rule led to the ban on iPhone 16...

Apple Inc (NASDAQ:AAPL) faces challenges in Indonesia as the government deems the tech giant’s proposed $100 million investment insufficient to lift a ban on selling its latest iPhone model. The restriction is tied to regulations mandating that smartphones sold domestically must contain at...

The bond market of emerging economies has experienced a strong upswing in recent sessions, driven by rising expectations that the Federal Reserve is nearing a policy shift toward cutting interest rates. The iShares J.P. Morgan USD Emerging Markets Bond ETF (NYSE:EMB), which tracks dollar-...

Tighter bean supplies are leading to higher costs for coffee, that popular beverage imbibed worldwide for its awakening effect. The most-active contract for the arabica variety fell nearly 2% to $2.450 a pound in New York after rising Tuesday to the highest since early 2022, Bloomberg reported....

The shopping habits of Generation Z in the Asia-Pacific region are being significantly influenced by TikTok and social media influencers, a KPMG report has revealed. What Happened: The study, which surveyed 7,000 consumers across 14 markets, including China, Singapore, Indonesia, Vietnam, and the...

In a major security breach, Indonesia has been hit by its worst cyberattack in recent years. The attack, which affected more than 40 government entities, was purportedly carried out by the notorious ransomware gang, LockBit. What Happened: The attack led to disruptions in immigration services and...