Safe-haven assets such as bonds, gold and the yen have also benefited from the recent cautious tone in financial markets.

With the stock market at an all-time high and inflation rising fast, some analysts advise having gold in your portfolio to prepare for global economic uncertainty and the ongoing risk of COVID-19.

Indonesian stocks have made strong gains lately, with Telkomsel’s much-anticipated IPO on Monday helping the index reach a new all-time high on Friday.

The decline in national palm oil production is expected to continue in 2022, primarily as a result of the global shortage in shipping containers and its impact on fertilizer distribution.

Inflation data have ramped up pressure on policymakers to act soon, with some commentators warning of a possible recession if they did not.

Energy conservation already offers investment opportunities, but low energy prices and a lack of regulations hamper the business, experts say.

The US government may run out of money by Dec. 15, Treasury Secretary Janet Yellen warned Tuesday in a letter encouraging lawmakers to raise the country's debt limit to avoid a default.

Asian investors trod a cautious path Tuesday, with surging inflation the key point of concern on trading floors, while eyes were also on a virtual summit between Joe Biden and Xi Jinping as they plot their way through a period of tension between the superpowers.

Indonesian coal mining giants Bumi Resources, Adaro Energy and Indika Energy felt the pinch.

Annual growth in retail sales, industrial output and urban investment in China are expected to slow further in October.

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.7 percent to reach its highest level in two weeks.

Fears about surging inflation dogged investor confidence in Asia on Thursday, though sentiment was boosted by a report saying teetering Chinese property giant Evergrande had once again avoided a default after meeting bond-payment deadlines.

Globally, markets have calmed following a sharp selloff on Monday, as analysts have downplayed the threat of Evergrande's troubles becoming a "Lehman moment" and setting off a financial crisis. But stocks have scarcely bounced and commodities remain under pressure as concern shifts to the economic consequences.