Indonesia Financial News

Reserve Bank of India Governor Shaktikanta Das has been ranked as the top central banker globally by US-based Global Finance magazine.

The study conducted a gender comparison looking at 50 leading crypto and blockchain companies and comparing the influence of their CEOs and the gender disparity in leadership positions.

IMF Managing Director Kristalina Georgieva said she had a «productive» discussion with Chinese Premier Li Qiang, and looked forward to working with Beijing on global issues including climate change and support for developing economies. Georgieva was visiting China through Sunday to meet with top Chinese leaders before travelling to Indonesia and India for ASEAN and Group of 20 summits. Georgieva also met with China's newly appointed central bank chief Pan Gongsheng and Finance Minister Liu Kun, she wrote in a post on messaging platform X, formerly known as Twitter, on Friday. In July, the IMF raised its 2023 global growth estimates slightly but left its forecast for China unchanged, cautioning that China's recovery was underperforming and a deeper contraction in the property sector remained a risk. The IMF said the world's second-largest economy will grow 5.2% this year, up from a COVID-subdued 3% in 2022, before easing to 4.5% in 2024.

Years after managing two different verticals of the company, Ola founder and CEO Bhavish Aggarwal is mulling over to appoint a CEO for its cab business reported Economic Times. The new CEO, possibly an ex-Unilever executive, is likely to join the company early next week, reported Economic Times citing sources. Till now, CEO Bhavish Aggarwal has remained the CEO of the company and managed its cab business along with e-scooters verticals.

global slowdown in growth, Marie Diron, managing director for global sovereign and sub-sovereign risk at Moody's Investors Services told CNBC. She also hinted on the possible impact of global economic slowdown on Asia through trade conditions as well as access to financing in the region. She also mentioned that the slowdown can be led by three factors, ie higher interest rates by central banks, China's slow growth, and financial system stresses.

Global funds purchased $1.6 billion of Indian shares on a net basis last month through Aug. 30, according to the latest exchange data compiled by Bloomberg.

Manufacturing activity in Asia’s major export powerhouses slumped further in August as weak demand persisted in the region’s key trade markets, particularly in China. Factories in North Asia experienced weaker new orders, output and export sales, according to manufacturing purchasing managers’ surveys published Friday by S&P Global and au Jibun Bank. The purchasing managers’ index for trade bellwether Taiwan was little changed at a subdued level of 44.3 last month from 44.1 in July, while South Korea’s gauge slumped to 48.9 from 49.4 during the same period. Seoul reported a similarly gloomy reading on industrial production on Thursday, showing a bigger-than-expected drop in July, marking its longest stretch of output decline yet. Japan’s PMI was unchanged at 49.6, below the 50 mark that separates expansion from contraction.Southeast Asia, which until recently was a bright spot, showed the weak sentiment was rubbing off on factories in the region.

China released the 2023 edition of its 'standard map' on August 28, showing India's Arunachal Pradesh and Aksai Chin as part of its territory. The map also shows China's claims in the South China Sea over the exclusive maritime zones of countries such as Malaysia, Brunei, the Philippines, Indonesia and Vietnam.

covid-19, anti-maskers in the era of Spanish flu waged a disinformation campaign. They sent fake messages from the surgeon-general via telegram (the wires, not the smartphone app). Because people are not angels, elections have never been free from falsehoods and mistaken beliefs.

West Australian Premier Roger Cook will fly to Indonesia with a delegation of mining executives and state ministers working to secure deals with the largest economy in South-East Asia to develop his state’s critical minerals industry.

Hindustantimes.com on Thursday. Chinese Premier Li Qiang will be flying directly to New Delhi after attending the 43rd ASEAN summit in Jakarta on September 5-7.

Reuters citing two Indian officials, including a diplomat stationed in China and another official from a different G20 nation, have indicated that Premier Li Qiang is projected to attend the New Delhi meeting on September 9-10 as a representative of Beijing. The G20 summit scheduled in India was seen as a potential opportunity for Chinese President Xi Jinping to engage with US President Joe Biden, who has already confirmed his participation.

Xi Jinping is likely to skip a summit of G20 leaders in India next week, sources familiar with the matter in India and China told Reuters. Two Indian officials, one diplomat based in China and one official working for the government of another G20 country said Premier Li Qiang is expected to represent Beijing at the Sept. 9-10 meeting in New Delhi. Spokespersons for the Indian and Chinese foreign ministries did not respond to requests for comment. The summit in India had been viewed as a venue at which Xi may meet with U.S.

Also read: Malaysia National Day 2023: Google Doodle celebrates Hari Merdeka In addition to celebrating Lake Toba, it's essential to acknowledge the Indigenous Batak Toba people, the lake's native inhabitants. Their traditional villages, local markets, and distinctive houses attract visitors from around the world. Traditional dances like the Tor-Tor and authentic wood carvings are common in these villages.

Also Read: ‘Invite to African Union made G20 more inclusive’ The G20, consisting of 19 individual nations (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom, and the United States) along with the European Union, collectively forms a prominent international assembly. As per the central government website on the G20 Summit, the G20 was upgraded to the level of heads of state, and government in the wake of the global economic and financial crisis of 2007, and, in 2009, was designated the “premier forum for international economic cooperation". The G20 Presidency oversees the G20 agenda over a span of one year and takes on the role of hosting the Summit.

Queensland neighborhood in Australia were taken aback when they witnessed a sizable python slithering across the roof of a house. The awe-inspiring snake, measuring approximately five meters in length and weighing around 15 kilograms, was a spectacle that drew a gathering of onlookers outside the house.

storm Hilary slammed into it from the south. Unprecedented amounts of rain pelted downtown Los Angeles and flooded the state’s arid valleys. Without missing a beat, forecasts then shifted from drenching to baking, as a heat dome fastened itself over much of the southern United States all the way up to the Great Lakes.

earthquake of 7.0 magnitude struck the Bali Sea region of Indonesia on Tuesday, the European-Mediterranean Seismological Centre (EMSC) had reported. The earthquake's epicentre was 201 kilometres north of Mataram, Indonesia and 518 kilometres (322 miles) below the Earth's surface, the EMSC said.

Glance, a smart lock screen platform from InMobi, is launching in Japan. It will partner with leading telecom carriers and Android smartphone brands in the country, Piyush Shah, president of Glance, told ET. Singapore-headquartered Glance has already expanded in Indonesia and is now eyeing the US market.

A magnitude 7.1 earthquake struck Bali Sea region of Indonesia on Tuesday, the European-Mediterranean Seismological Centre (EMSC) said, Reuters reported. The quake's epicentre was 201 kilometres north of Mataram, Indonesia and 518 kilometres (322 miles) below the Earth's surface, EMSC said.

BRICS countries, which was held in South Africa, received unprecedented international attention. Some commentators even invoked the Bandung conference of 1955, where leaders of India, China, Indonesia, Egypt and Yugoslavia launched the non-aligned movement (NAM). It seemed as though another generation of leaders, this time from Brazil, Russia, India, China and South Africa, were building an alternative to the US-dominated global order.