City Jakarta, Indonesia Financial News

One of the world’s leading financial policy-making organizations said that it will tell governments to step up their supervision of stablecoins later this year – against a “backdrop of the recent turmoil” in the crypto sector.

Mumbai: The Indian stock markets slumped to their weakest weekly performance in 14 months, after conflict erupted in the Middle East between the US, Israel and Iran on 28 February.Benchmark indices NSE Nifty 50 and BSE Sensex dropped nearly 3% through the week, marking their steepest decline since the week ended 22 December 2024, when markets had corrected over 4% amid concerns over the US Federal Reserve’s hawkish stance and rising bond yields.On Friday, the Nifty 50 fell 1.27% to close at 24,450.45, while the Sensex declined 1.37% to end at 78,918.88, extending their decline following the prior session’s relief rally.Rising crude oil prices and continued selling by foreign portfolio investors (FPIs) weighed on sentiment. Currency weakness added further pressure, with the rupee hitting a record low of 92.1488 against the US dollar on 4 March (Wednesday).Market volatility also spiked during the week, with the India VIX (Volatility Index)—a measure of the market’s expectation of volatility in the Indian stock market over the next 30 days—rising from 13.70 to 19.88, signalling heightened investor nervousness and expectations of larger market swings ahead.To be sure, Indian equities’ fall was milder than several Asian markets.

Subscribe to enjoy similar stories. Is Tehran moving towards ‘zero day’? Don’t get alarmed. I am not suggesting a possible US attack, but an unprecedented water stress that has gripped the Iranian capital.

Subscribe to enjoy similar stories. FOR SEVEN decades Tokyo was considered the world’s most populous city. That was 15 years too long, according to data released last month by the UN.

Officials say Indonesian authorities have ordered the halting of development of a tourism project affiliated with U.S. President Donald Trump over water management and environment issues

Most countries in fast-growing Southeast Asia are looking to develop nuclear energy in their quest for cleaner and more reliable energy

A new report says the expansion of nickel mining in Indonesia is a threat to one of Earth's most biodiverse marine regions

The South Korean government has announced it will reduce indirect subsidies for biomass energy

JAKARTA, Indonesia — Bicycles roam the streets of Indonesia's capital with dozens of plastic sachets of coffee and other packaged drinks dangling from their handlebars. Tied in the back are large thermos bottles with hot water, an ice box and equipment for making coffee.

Positioned along the seismically active Ring of Fire, Indonesia and the Philippines have the second and third highest installed geothermal energy capacity in the world, after the United States

A South Korean National Assembly member has called for a moratorium on wood pellet imports from Indonesia and an investigation into South Korea’s biomass use after government data and satellite analysis linked the country’s biomass imports to deforesta...

free trade agreement in goods in February, the commerce and industry ministry said Saturday, adding that the fourth round of the negotiations was concluded here this month.

India-Asean free trade agreement in goods will be held in February next year, an official statement said on Saturday. The fourth round of the negotiations was concluded here this month.

Indonesian President Prabowo Subianto has announced that his government plans to retire all coal and other fossil fuel-powered power plants within 15 years, while drastically boosting renewable energy capacity

Indian Army special contingent of 25 personnel departed to Indonesia on Friday for a joint exercise 'Garud Shakti'. The 9th edition of India-Indonesia Joint Special Forces Exercise Garud Shakti 24 will be conducted from November 1 till 12. The Indian Army personnel will be reaching Cijantung in Jakarta, Indonesia.

The global push for biomass that can be burned for energy is causing concern about the price Indonesia's forests are paying

A report by the World Resources Institute shows that rapidly expanding mining operations are causing widespread destruction of tropical primary rainforests and protected areas, raising carbon emissions and displacing Indigenous communities

Indonesian President Prabowo Subianto has announced his Cabinet hours after he was inaugurated

Prabowo Subianto has been sworn in as Indonesia's eighth president

A growing number of governments, international trade organizations and businesses are urging the European Union to reconsider a deforestation regulation set to take effect in December

A dismissed town mayor who fled the Philippines after being accused of helping establish an illegal online gaming and scam center catering to clients in China has been arrested near Indonesia’s capital

A flood of Chinese products into Indonesia has hit local manufacturers hard, prompting the government to look for ways to placate domestic producers while avoiding angering the country's biggest trading partner