China's economy rebounded at a faster-than-expected pace in the third quarter, but strict COVID curbs, a deepening property crisis and global recession risks are challenging Beijing's efforts to foster a robust revival over the next year.

Palm oil prices have climbed by around a fifth this month but are still trading far below an all-time high set in March. The expected spike in prices will add to the burden of consumers already hit by inflation triggered by the Russia-Ukraine war, but higher exports and lower production would help major palm oil producers Indonesia and Malaysia bring down inventories.

With the current funding climate for film production at its peak – and the same to be said for audience figures – Indonesia's film industry is flourishing, filmmakers and domestic streaming services say. 

Aviation industry players are projecting a rebound in demand from the pandemic-induced crisis.

Separate official data showed Britain's borrowing grew by more than expected, underscoring the challenge facing new finance minister Jeremy Hunt and whoever succeeds Liz Truss as prime minister next week.

The currency has plunged from February levels of around 115 as the Bank of Japan sticks to its longstanding ultra-loose policies, designed to encourage sustainable growth in the world's third-largest economy.

The news came after data showed UK inflation jumped back above 10 percent in September on rampant food prices, as economic troubles pile up for beleaguered Conservative Prime Minister Liz Truss.

The Transportation Ministry hosted the Aviation Dialogue themed “Financial Measures for Aviation Recovery” from Oct. 18-19 in Nusa Dua, Bali.

The Indonesian Trade Ministry has announced to refocus export of goods to non-traditional markets in a bid to offset the risk of reduced demand from major trade partners.

The government’s goal of eliminating extreme poverty is likely out of reach in the near future, says the National Team for the Acceleration of Poverty Reduction (TNP2K), a government think tank, as policymakers’ efforts and resources remain uncoordinated.

The Consumer Prices Index accelerated to 10.1 percent on an annual basis, up from 9.9 percent in August, the Office for National Statistics said in a statement.

The issue of imported versus locally produced rice is again creating a rift between the government and local farmers as the government aims to meet the deadline for finalizing its 2023 demand and supply planning.

Speaking during an international conference organized in the lead-up to the Group of 20 leaders summit in Bali, State-Owned Enterprises (SOE) Minister Erick Thohir said that since he enacted reform at the ministry to start consolidating state-owned companies, there has been a steady improvement in the firms' performance.

Singapore Prime Minister Lee Hsien Loong told a news conference in Canberra that the agreement would start with initiatives such as developing a list of environmental goods and services that could be given preferential trade treatment.

An omnibus bill finalized by the House of Representatives last month aims to revise some 15 laws on the financial sector, bringing in sweeping changes to rules on banking, insurance, the financial system stability committee (KSSK), fintech, carbon trading, a digital rupiah and much more.

Indonesia has once again missed its oil and gas production targets amid mounting pressure from a more competitive investment climate, signaling an urgent need for aggressive policy reform in the mining sector.  

The prolonged global energy crisis has been a critical point for countries around the world to review their energy-transition plan. Many believe that energy transition has become a secondary priority as countries race to strengthen their energy security amid the surge in fossil fuel prices.

The 28th ASEAN Transport Ministers (ATM) Meeting, led by Indonesian Transportation Minister Budi Karya Sumardi, produced several strategic agreements to bolster the region’s connectivity, including an air transport agreement with the European Union (EU).

The world's largest financial institutions increased their backing of companies in the agriculture, forestry and land use sectors most responsible for deforestation in 2021, a new study showed on Tuesday.

Indonesia’s trade balance suffered a major monthly blow in September as sluggish demand from key trading partners took a toll on export performance, particularly on “backbone” commodities such as coal and crude palm oil (CPO).

China's National Development and Reform Commission has asked PetroChina Co, Sinopec and Cnooc Ltd to keep winter cargoes for domestic use, the report said, citing people familiar with the matter. 

"I'm not concerned about the strength of the dollar. I'm concerned about the rest of the world," Biden told reporters in the western state of Oregon when asked about the dollar, which has strengthened to the upper 148 yen level, just below the psychologically important 150 yen line.

Domestic car sales has posted growth in September, indicating that demand for new cars has proved resilient to last month's hike in subsidized fuels.

As China's leaders gather for a crucial party congress, the country is expected on Tuesday to announce some of its weakest quarterly growth figures since 2020, its economy hobbled by COVID restrictions and a real estate crisis.

Many supermarkets in Indonesia mark imported products with labels attached identifying them as such, but do consumers care much where the goods they purchase come from? The Jakarta Post has gone around town asking.

Kwarteng is no longer chancellor of the exchequer, the BBC said. The Times newspaper reported earlier that Kwarteng was expected to be sacked.

The quality of agricultural and derivative products is important in penetrating international markets and the Agriculture Ministry says it is empowering farmers from the upstream and downstream sectors to come up with ever better products.

The G20 failed to issue a joint communique at the end of its meeting, as in its last two gatherings. Russian officials participated via video link, according to a source familiar with the talks.

Indonesia’s tourism recovery may be facing stronger headwinds as would-be foreign visitors limit their leisure spending amid the threat of a global recession, threatening hard-won gains in the pandemic-battered industry.

Finance ministers and central bankers from the Group of 20 major economies are gathering in Washington during annual meetings of the IMF and World Bank this week that have underscored the multiple challenges the world is facing.