Stock prices on Wall Street retreated after a sharp uptick in US inflation to 9.1 percent in June increased the risk of a possible recession. 

In a blog published ahead of this week's meeting of finance officials from the Group of 20 major economies, IMF Managing Director Kristalina Georgieva said Russia's war in Ukraine had darkened the economic outlook significantly, and the IMF was poised to downgrade its outlook for 2022 and 2023. 

Russia's invasion of Ukraine overshadowed a meeting of foreign ministers from the Group of 20 major economies last week, as Russia's top diplomat walked out of a meeting and accused the West of "frenzied criticism". 

India's Directorate Of Revenue Intelligence (DRI) found evidence that Oppo wrongfully used duty exemptions for items imported for use in mobile phone production, a government statement said.

Indonesia, as the current president of G20, repeatedly berated the WTO for its inability to bring justice for developing countries in the international trade system, especially in the case of Jakarta's trade disputes with the European Union.

IMF warns that central bank digital currency (CBDC) may lower competitiveness of a currency in its country of origin, risking its sovereignty over stronger, foreign exchange.  

The euro clawed its way back slightly after hitting parity with the dollar for the first time in two decades, though it remains under pressure from growing concerns about an energy crisis across the eurozone and the European Central Bank's slower pace of monetary tightening.

Tokopedia, along with Gojek and GoTo, is gearing up to hold another Kelas Maju Digital (KMD) this year, after the success of the initiative last year.

Indonesia has chosen to carefully adjust to the global trend of rising fuel prices as it shields its economy from uncontrolled inflation.

The dollar index, a measure against six counterparts, with the euro most heavily weighted, was 0.2 percent higher at 108.43. It had earlier climbed to 108.47, its highest since October 2002.

Indonesia may miss this year’s oil-output target due to project delays, an official at the Upstream Oil and Gas Special Regulatory Taskforce (SKK Migas) said.

Market leading growth stocks pulled all three major US stock indexes into negative territory, with risk-off sentiment exacerbated by Macau's first casino shutdown in over two years to curb the spread of COVID-19. 

The government is enacting the nationwide B35 biodiesel program by the end of July as an effort to boost the domestic use of palm oil to help raise CPO prices.

Musk, the chief executive officer of Tesla Inc, said on Friday he was terminating his deal to buy Twitter because the company had breached multiple provisions of the merger agreement. 

"Gazprom announced that today it will supply to Eni volumes of gas for approximately 21 million cubic meters/day, while the average for the last few days was of about 32 million cubic meters/day," Eni said.

Nord Stream I, the biggest single pipeline carrying Russian gas to Germany, starts annual maintenance on Monday. Flows are expected to stop for 10 days, but governments, markets and companies fear the shut-down might be extended due to war in Ukraine and could disrupt plans to fill storage for winter.  

The government's sea lane program needs to be complemented with an industrial development program targeting the eastern regions so they can manufacture goods to balance inbound-outbound logistics costs for shipments from western regions.

Sri Lanka's President Gotabaya Rajapaksa will resign on Wednesday after thousands of protesters stormed his official residence and secretariat on Saturday, an official said. Protesters also set fire to Prime Minister Ranil Wickremesinghe's private residence.

Two multinational companies have expressed interest in investing in the Nusantara capital city project, the government has said, after Japan's Softbank pulled out of the enterprise in March.

An upbeat US June payrolls report already has the market wagering heavily on a hike of 75 basis points from the Federal Reserve this month, and sending bond yields higher. 

Travel and tourism, the industry hit hardest by the coronavirus pandemic over more than two years, has started to bounce back amid the increasingly eased restrictions and people’s growing interest in traveling again, supported by digital technology.

Indonesia will need some US$6.9 trillion per year for green infrastructure construction to achieve its 2030 sustainable development targets as stipulated in the Paris Agreement.

Civil groups call regulations authoritarian, causing public disturbance

Sinar Mas Land has launched an investment arm focusing on funding tech start-ups called Living Lab Ventures.

Bali is top destination for remote work, with an estimate of around 80,000 digital nomads visiting the island on a monthly basis

There has been a lot of discussion of late on Telkomsel’s investment in Indonesia’s on-demand delivery and transportation services decacorn Gojek, now part of GoTo.

Ukraine, a major global grain grower and exporter, harvested a record 86 million tonnes of grain in 2021.