Asian stocks sagged on Thursday, tracking declines on Wall Street, after the US Federal Reserve projected higher interest rates for a longer period.

Both the government and business players are preparing to embrace two major holidays, Christmas and New Year, which it is hoped will be catalysts in spurring domestic spending on leisure activities that will boost the tourism recovery.

Tesla Inc Chief Executive Officer Elon Musk has sold 22 million shares worth US$3.58 billion in the electric-vehicle maker, a US securities filing showed on Wednesday. 

Russia's oil exports rose in November ahead of a Dec. 5 price cap imposed by the G7, the European Union and Australia to curb Moscow's wartime revenue, the International Energy Agency (IEA) said on Wednesday.

Over the past three years, the way we shop has changed massively. Amid a global pandemic, more customers shifted to online shopping as it allows them to click the checkout button from the comfort of their own homes.

In the midst of uneven distribution of 5G networks in Indonesia, XL Axiata and Telkomsel have emerged as cellular operators with the toughest competition in providing the most reliable internet speed in the country, a new study from Opensignal shows. 

The Biden administration plans to place Chinese chip maker Yangtze Memory Technologies (YMTC) and 35 other Chinese firms on a trade blacklist that would prevent them from buying certain American components, Bloomberg News reported on Tuesday.

Southeast Asian and European Union business and government lenders have agreed to strengthen cooperation on sustainability, supply-chain energy security as well as digital economies during the 10th ASEAN-EU Business Summit in Brussels on Dec. 13. 

Asian stocks rose on Wednesday, bonds were firm and the dollar nursed losses after data showed US consumer prices barely rose in November, stoking hopes that inflation has peaked and interest rate increases will slow and eventually stop in 2023.

Traditional TV broadcaster still has a slight competitive edge over booming streaming platforms despite the latter’s seemingly unstoppable upheaval, Indonesian private television station players predict, based on a new study from Nielsen.

In the last two to three years online shopping has had a significant increase in transactions. The SEA e-Conomy report estimates the highest growth of e-commerce transactions is in Indonesia, which is projected at 22 percent and would reach US$59 billion this year.

Lomba Foto Astra (LFA) and the Anugerah Pewarta Astra (APA) return once again for 2022 with the theme Bangkit Bersama Untuk Indonesia (Rising Together for Indonesia).

Announced at the COP15 talks on biodiversity in Montreal, the Sustainable Critical Minerals Alliance would support these standards for elements like lithium, cobalt and nickel.

After all-night negotiations, the European Union struck a political deal on Tuesday to impose a carbon dioxide emissions tariff on imports of polluting goods such as steel and cement, a world-first scheme aiming to support European industries as they decarbonize.

Plucky bitcoin's been holding steady since seeing off the chaos of the FTX collapse, gathering its strength to rally towards the dizzy heights of US$30,000 in 2023.

Asian markets mostly rose Tuesday, with nervous investors sitting tight ahead of key US inflation data and a Federal Reserve policy decision but fresh pledges by China to open up from zero-COVID offering support.

China has filed a dispute with the World Trade Organization over US restrictions on chip exports, Beijing's commerce ministry said in a statement late Monday, accusing Washington of threatening global supply chains.

The WTO panel ruled in favour of the EU last month, saying that neither the prohibition of nickel exports nor a domestic processing requirement requiring all nickel ore to be refined in Indonesia were in line with global trade rules, prompting President Joko "Jokowi' Widodo to say that his country would appeal the ruling. 

Across the board from government to analysts, Indonesia is upbeat about potential trade benefits from Chinese industries next year as they resume operations and recover from Beijing's restrictive zero-COVID policy.

Tokopedia claims top position as the safest, most trusted and most satisfying platform, as Indonesians no longer see promotions and prices as the main factors determining their satisfaction in e-commerce transactions, a new study from Kadence International shows. 

The latest Global Debt Leverage report from S&P indicates that the number of companies with negative cash flow could double from 8 percent this year, with Chinese firms being the most vulnerable.

Russia will be invited to attend meetings of the Asia-Pacific Economic Cooperation (APEC) bloc hosted by the United States next year, a US official said on Monday.

Asian shares fell on Monday while the dollar drifted higher at the start of a hectic week, as markets awaited a flurry of rate decisions from the US Federal Reserve, the European Central Bank and others.

Foreigners who have lived in Indonesia for years or decades are anxious about new visa rules that will kick in later this month and require that retirees hold substantial funds in the country.

The US Federal Reserve is poised to slow its interest rate hikes next week, economists say, as central bankers' most forceful moves in decades to fight inflation ripple through the economy.

Online platforms have fundamentally changed the way food outlets operate, offering merchants wide market access on the one hand but also increasing competition on the other, while taking a sizeable chunk out of merchant's revenues in platform fees.

Consumer confidence has re-entered a downward trend after a brief rebound, while minuscule annual growth in retail sales does not bode well for household spending just weeks head of the year-end festive season.