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US President Donald Trump holds a signed executive order after delivering remarks on reciprocal tariffs during an event in the Rose Garden entitled “Make America Wealthy Again“ at the White House in Washington, DC, on April 2, 2025.
US President Donald Trump holds a signed executive order after delivering remarks on reciprocal tariffs during an event in the Rose Garden entitled “Make America Wealthy Again“ at the White House in Washington, DC, on April 2, 2025.`
Economy

US trade court blocks tariffs in major setback for Trump

A US federal court on Wednesday blocked most of Donald Trump's sweeping import tariffs from going into effect, ruling that the president had overstepped his authority with the across-the-board global levies.

1 hour ago
Companies

RGE, TotalEnergies to develop solar power, battery energy storage project in Indonesia

RGE and TotalEnergies, through their equally-owned  joint venture Singa Renewables (Singa), have entered into a Co-Investment Agreement to develop, build and operate a solar photovoltaic (PV) power plant with battery energy storage  system (BESS) in Riau Province, Indonesia. The utility-scale project will be constructed in phases.

17 hours ago
Companies

Alibaba and GoTo Boost Indonesia’s AI Talent Through GenAI Hackathon 2025

Alibaba Cloud collaborated with PT GoTo Gojek Tokopedia (GOTO) and the Communications and Digital Ministry to organize the Alibaba Cloud Indonesia GenAI Hackathon 2025.

20 hours ago

The Latest

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Economy premium

Luhut suggests incense downstreaming to boost exports, local economies

Luhut highlighted the natural incense from North Sumatra, which is considered among the best in the world, exported to multiple countries in Asia and Europe.   

21 hours ago
Companies premium

China’s GEM to invest $8b in battery recycling hub in Kalimantan

Initial investment for the Indonesia Green Industrial Park (IGIP) is expected to reach $2 billion, with total capital outlay gradually increasing to $8 billion, GEM founder and chairman Xu Kaihua told reporters on Saturday.

22 hours ago
Regulations premium

Ray Dalio says no to Danantara advisory role, Bloomberg reports

Ray Dalio’s appointment as a Danantara advisor was announced following a verbal offer in March but had yet to be formalized.

22 hours ago
Markets

Asian shares, US dollar climb on rosy data, tech optimism

Asian shares continued a rally from Wall Street and the dollar held gains on Wednesday on promising economic signs in the United States and speculation of strong tech earnings.

1 day ago
Companies premium

Car Sales Stagnation in Indonesia

The government must develop a more balanced approach to fulfill Indonesia's potential in the automotive industry. The government can implement policies such as lowering taxes on all types of cars, making financing more accessible and supporting economic growth to bolster the industry.

1 day ago
tech

Protection racket? Asian semiconductor giants fear looming tariffs

Inside one of South Korea's oldest semiconductor research institutes, the cleanrooms and workshops are calm and immaculate, but outside the Seoul National University campus, a chip storm is brewing.

2 weeks ago
tech

Japan's SoftBank posts $7.8b annual net profit

Japanese tech investor SoftBank Group, a major player in the US Stargate artificial intelligence drive, on Tuesday posted a $7.8 billion annual net profit, its first in the black for four years.

2 weeks ago
tech

Texas secures $1.38 billion settlement with Google over data privacy

Google has agreed to pay US$1.375 billion in a settlement in principle reached with the state of Texas over allegations the company violated users' data privacy, Texas Attorney General Ken Paxton said on Friday.

2 weeks ago
tech

OpenAI abandons plan to become for-profit company

OpenAI CEO Sam Altman announced Monday that the company behind ChatGPT will continue to be run as a nonprofit, abandoning a contested plan to convert into a for-profit organization.

3 weeks ago
economy

US trade court blocks tariffs in major setback for Trump

A US federal court on Wednesday blocked most of Donald Trump's sweeping import tariffs from going into effect, ruling that the president had overstepped his authority with the across-the-board global levies.

1 hour ago
economy

Developing nations face 'tidal wave' of China debt: report

China's Belt and Road Initiative lending spree of the 2010s has paid for shipping ports, railways, roads and more from the deserts of Africa to the tropical South Pacific. 

1 day ago
economy

Japan loses status as world's top creditor

Japan's net external assets as of the end of last year stood at 533.05 trillion yen ($3.7 trillion), up 12.9 percent from a year earlier, according to data released by the finance ministry.

1 day ago
companies

RGE, TotalEnergies to develop solar power, battery energy storage project in Indonesia

RGE and TotalEnergies, through their equally-owned  joint venture Singa Renewables (Singa), have entered into a Co-Investment Agreement to develop, build and operate a solar photovoltaic (PV) power plant with battery energy storage  system (BESS) in Riau Province, Indonesia. The utility-scale project will be constructed in phases.

17 hours ago
companies

Alibaba and GoTo Boost Indonesia’s AI Talent Through GenAI Hackathon 2025

Alibaba Cloud collaborated with PT GoTo Gojek Tokopedia (GOTO) and the Communications and Digital Ministry to organize the Alibaba Cloud Indonesia GenAI Hackathon 2025.

20 hours ago
markets

Asian shares, US dollar climb on rosy data, tech optimism

Asian shares continued a rally from Wall Street and the dollar held gains on Wednesday on promising economic signs in the United States and speculation of strong tech earnings.

1 day ago
markets

Stocks fluctuate as traders await next moves in Trump trade war

Equities meandered Tuesday as investors awaited the latest developments on Donald Trump's trade war, while the yen rallied after the head of Japan's central bank flagged more interest rate hikes if the economy improved.

2 days ago
markets

Euro drops as Trump threatens 50 percent tariff on EU

The euro fell on Friday, reversing earlier gains after US President Donald Trump said he would recommend hitting the European Union with 50 percent tariffs from June 1, reigniting investor fears over the impact of duties on the world economy and trade.

5 days ago
markets

Asian shares make cautious gains as beaten-down Treasuries find support

Asian shares made some tentative gains on Friday as beaten-down Treasuries found buyers after US President Donald Trump's tax bill narrowly passed the lower house, although debt worries still lingered.

6 days ago
markets

Oil prices jump on report of Israel prepping Iran strike

Crude prices surged Wednesday following a report that US intelligence suggested Israel was planning a strike on Iranian nuclear facilities, which would send geopolitical tensions into overdrive and fuel regional conflict fears.

1 week ago
markets

JPMorgan upgrades emerging market equities as Sino-US trade war eases

J.P.Morgan upgraded its rating on emerging market (EM) equities to "overweight" from "neutral" on Monday, citing easing US-China trade tensions and a softer dollar.

1 week ago

Today's ePost

Wed, May 28, 2025

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