The Otorita (Authority) of Ibu Kota Nusantara (IKN) has announced a remarkable Rp20 trillion (approximately US$1.4 billion) influx of private sector investments. These investments, constituting nearly...
China's central bank reduced the one-year loan prime rate to 3.45% to combat a post-COVID economic slowdown. The move aims to encourage banks to provide more...
President Joko Widodo has raised concerns over escalating political tensions in Indonesia with the upcoming 2024 presidential election. He warns of growing rifts in citizens' political...
Nusantara's New Capital City (IKN) in Indonesia is set to exceed the land area of Jakarta and Singapore. The project's Chief Bambang Susantono emphasized the city's...
China halts youth unemployment rate disclosure and cuts interest rate to boost waning growth amid disappointing post-COVID rebound, as central bank adopts limited recovery measures.
Hundreds of Credit Suisse shareholders to sue over forced UBS merger, seeking compensation for losses after valuation discrepancy.
Amidst global economic challenges, Singapore's GDP for Q2 2023 grew 0.5% year-on-year. While sectors like manufacturing contracted, construction, trade, and real estate showed resilience. Ministry of...
India's central bank kept rates steady due to higher food prices from extreme weather, warning of potential inflation spikes. Economists predict short-term breaches of the 6.0%...
US President Biden issued an executive order limiting American investments in China's sensitive tech sectors like semiconductors and AI, straining bilateral relations and economic cooperation.
China enters deflation as consumer prices drop, raising economic concerns. Consumer Price Index falls 0.3% in July, while exports decline, and producer price index contracts for...