The Korea Fair Trade Commission (KFTC) said that Tesla had exaggerated the "driving ranges of its cars on a single charge, their fuel cost-effectiveness compared to gasoline vehicles as well as the performance of its Superchargers" on its official local website since August 2019 until recently.

The unit strengthened to 129.52 per dollar at one point before easing slightly, and analysts tipped it to continue advancing as the BoJ changes tack with a shift out of negative interest rates tipped to be in the pipeline.

While overall venture capital (VC) financing fell 33 percent globally to about $483 billion in 2022, early-stage funding was robust, with $37.4 billion raised in so-called angel or seed rounds, in line with the record level seen in 2021, according to data from research firm PitchBook.

The US dollar eased on Tuesday as investors awaited the minutes from the last US Federal Reserve policy meeting, and the yen was its strongest in six months amid speculation that the Bank of Japan might move away from its ultra-easy policy.

While the 3.8 percent on-year expansion was welcome, it was weighed by a 3.0 percent contraction in the key manufacturing sector in the final three months.

The manufacturing industry has entered the new year with optimism owing to high domestic demand over the year-end holiday and annual core inflation that remained well within the central bank's cap of 3.50 percent.

Indonesia has marked another milestone with the IDX Composite becoming the region's best-performing index of 2022.

Gazprom said in a statement that exports outside the Commonwealth of Independent States (CIS) totalled 100.9 billion cubic metres compared to 185.1 billion in 2021.

European shares rose in the first trading session of 2023 on Monday, after a rough year marred with fears of a recession as central banks hiked rates globally and the Russia-Ukraine war.

Indonesia will tighten export rules for palm oil from Jan. 1 by allowing less shipments overseas for every tonne sold domestically, to ensure sufficient and affordable cooking oil supply at home.

The Upstream Oil and Gas Special Regulatory Taskforce (SKK Migas) reports that oil and gas lifting results in the Corridor Block in South Sumatra has far exceeded the 2022 State Budget (APBN) expectations.

Multiple global institutions have downgraded their expectations for Indonesia's gross domestic product (GDP) growth in 2023 as demand from major trade partners appears set to remain low.

A leading supplier of telecom gear, smartphones and other advanced equipment, Huawei was hammered during a crackdown by the administration of previous US president Donald Trump over cybersecurity and espionage concerns.

Global consumption totaled around 185.60 million kiloliters, with China ranking top for the 19th consecutive year at 38.09 million kl, up 5.6 percent, according to data released by Kirin Holdings Co.

The issuance of a government regulation in lieu of law (Perppu) on job creation will convey positive impacts on economic activities this year, experts say, as it can act as a catalyst to improve Indonesian business climate which eventually leads to a healthier investment growth.

The US Inflation Reduction Act contains around $370 billion in subsidies for green energy, as well as tax cuts for US-made electric cars and batteries.

More than a quarter of 2022’s venture capital (VC) funding went straight into climate-technology start-ups’ pockets, a new study finds, signifying a resilient trend in the archetype despite an overall slowdown in tech investment.

The government issued a new rule concerning provisions of origin of goods and provisions for issuing documents of origin for goods exported from Indonesia, as a follow-up to the recently ratified Regional Comprehensive Economic Partnership (RCEP) agreement.

Indonesia Stock Exchange (IDX) said the country’s capital market would make it through the uncertainties that loom in 2023, as the market would bank on the country’s ever-growing domestic investors, who have been relatively unaffected by current global turmoil.

The Constitutional Court last year ruled that the passage of the president's vaunted Jobs Creation Law was flawed due to inadequate public consultations and ordered lawmakers to restart the process within two years.

Indonesia’s rice retail prices have consistently been the highest in the Southeast Asian region over the past decade, according to World Bank.

Much of the tech industry had a rough year in 2022 as major companies went through axing sprees. However, smaller-scale start-ups experienced distinctly different fortunes as their fundraising improved.

Asian equities rose on Friday as investors looked to end the year on an optimistic note after US data showed the Federal Reserve's aggressive monetary policy was dampening inflationary pressures even as worries over COVID cases in China persist. 

The Industry Ministry has laid out plans to boost state revenue from manufacturing in 2023, claiming the sector could grow up to 5.4 percent next year despite weak international demand for Indonesia’s non-commodity goods.

While the country’s tourism and aviation industries were expected to book strong recoveries this year as borders reopened and pandemic restrictions were eased, worsening macroeconomic conditions impeded progress and pushed back the expected date of a full recovery.

Asian countries are bracing for an influx of Chinese tourists as COVID restrictions are dismantled, and while some are wary, operators in others are preparing packages such as hotpot buffets to cash in on the expected spike in travel.

The government is offering India and Saudi Arabia a chance to purchase stakes in Kertajati International Airport, also known as West Java International Airport (BIJB), in a move to boost the under-used facility.