Indonesia Financial News

Zelenskiy met heads of state and legislators in Singapore late on Saturday and early on Sunday, seeking security assistance and support for a peace summit after arriving for a surprise visit to the Shangri-La Dialogue.

Realme GT 6 could be launched in India, Italy, Indonesia, Spain, Thailand, Malaysia, Mexico, Philippines, Brazil, Poland, Turkey and Saudi Arabia next month.While Realme hasn't officially revealed the price or any other details of the Realme GT 6 smartphone, a look at the price specs of the Realme GT Neo 6 could give us an idea about the price of the upcoming smartphone in India. Realme GT 6 Neo was priced at CNY 2,099 (approximately ₹24,200) for the 12 GB RAM/256GB storage variant and CNY 2,399 (approximately ₹27,500) for the 16GB RAM/256GB storage variant.

GT lineup. While official details from Realme are still limited, speculation suggests that the GT 6 may be a rebranded version of the GT Neo 6.

import of capital goods and machinery to build factories as manufacturers in China and Southeast Asia embark on their own expansion plans. That could potentially hobble their ability to meet any rise in consumption demand. Reliance is among Indian companies facing such challenges as it looks to set up production facilities for its fast-moving consumer goods (FMCG) business and scale it up, said a senior executive, citing difficulties in establishing bottling plants for Campa Cola with machinery suppliers asking for a year and more. Reliance didn't respond to queries.

Inflation in the US saw a slower-than-expected rise in April, with the consumer price index (CPI) increasing by 3.4% year-over-year, according to the latest data. The core CPI, which strips out the volatile food and energy sectors, softened for the first time in six months.

India and Indonesia, whose populations are growing at a solid pace, stand to benefit as demographics begin to play a bigger role in investment decisions, according to Fidelity International and BlackRock Investment Institute.The investors are focusing on the two nations in emerging Asia, thanks in part to an expected boom in infrastructure spending, which in turn bodes well for the countries’ economies. Both India and Indonesia coincidentally had elections this year, showcasing to the world their ambition to transition into major economic powerhouses with their dynamic population a key strength.

India has recorded a trade deficit, the difference between imports and exports, with nine of its top 10 trading partners, including China, Russia, Singapore, and Korea, in 2023-24, according to official data. The data also showed that the deficit with China, Russia, Korea, and Hong Kong increased in the last fiscal compared to 2022-23, while the trade gap with the UAE, Saudi Arabia, Russia, Indonesia, and Iraq narrowed. The trade deficit with China rose to USD 85 billion, Russia to USD 57.2 billion, Korea to USD 14.71 billion and Hong Kong to USD 12.2 billion in 2023-24 against USD 83.2 billion, USD 43 billion, USD 14.57 billion and USD 8.38 billion, respectively, in 2022-23. China has emerged as India's largest trading partner with USD 118.4 billion of two-way commerce in 2023-24, edging past the US.

The investor argued strongly that following a value strategy in India could be more lucrative. To support his point, he presented data from the MSCI India Value and MSCI India Growth indexes over 3, 5, and 10-year periods. In each case, the Value index outperformed the Growth index. He was confident that this trend would continue in the future.

Global nickel prices have been soaring since violence erupted in the French Pacific territory of New Caledonia last week

Russia will likely open its first liquefied petroleum gas (LPG) terminal on the Pacific Ocean coast with joint investments from China by the end of 2025, two industry sources said on Wednesday. Last week, Russian Direct Investment Fund (RDIF) struck an agreement with Chinese petrochemical company Haiwei to finance the marine terminal in Russia's Far East to ship LPG. It did not provide the timings for the project completion.

Singapore Airlines flight that encountered a «sudden extreme turbulence» over the Irrawaddy Basin at 37,000 feet, the flag carrier of Singapore said on Tuesday. The traumatic incident in which the aircraft descended 6,000 feet in about three minutes, left a 73-year-old British man dead and more than two dozen other passengers injured. The British man, who was not yet identified, «likely» died from a heart attack, the General Manager of Suvarnabhumi Airport Kittipong Kittikachorn said.

Saudi Arabia’s national airline says that it ordered more than 100 new Airbus jets, a reflection of the kingdom’s ambitious drive to lure more tourists

Indonesia’s top investment official says the government has proposed building an electric vehicle battery plant to Tesla CEO Elon Musk

The United States’ dollar has strengthened sharply in recent months, and against Asian currencies in particular. A rising crescendo of apocalyptic financial talk threatens to spook markets. The Japanese yen, for example, appears to be on the verge of collapse.

SINGAPORE—For the past few years, the West has been trying to break China’s grip on minerals that are critical for defense and green technologies. Despite their efforts, Chinese companies are becoming more dominant, not less. They are expanding operations, supercharging supply and causing prices to drop.

visit to China and nearly a month after he cancelled his visit to India. Musk's plan to visit India between April 20 and 22 was cancelled at the last moment, and there is no update on Tesla's entry into the Indian market. According to a PTI report, Elon Musk's Tesla is yet to inform India about its plans to enter the country.

Boeing shareholders have approved CEO David Calhoun’s $32.8 million compensation

Elon Musk has traveled to Indonesia’s resort island of Bali to launch Starlink satellite internet service in the world’s largest archipelago nation

Elon Musk and Indonesian Health Minister Budi Gunadi Sadikin launched SpaceX's satellite internet service for the nation's health sector on Sunday, aiming to improve access in remote parts of the sprawling archipelago. Musk, the billionaire head of SpaceX and Tesla, arrived on the Indonesian resort island of Bali by private jet before attending the launch ceremony at a community health centre in the provincial capital, Denpasar.

The Justice Department has determined that Boeing violated a settlement that allowed the company to avoid criminal prosecution after two deadly crashes involving its 737 Max aircraft

The Justice Department says Boeing has violated terms of a deal that allowed the giant aircraft manufacturer to avoid prosecution for fraud in 2021