(Translated by https://www.hiragana.jp/)
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Gold bullion bars are pictured after being inspected and polished at the ABC Refinery in Sydney on Aug. 5, 2020.
Gold bullion bars are pictured after being inspected and polished at the ABC Refinery in Sydney on Aug. 5, 2020.`
Markets

Dollar droops, gold at record high as bets for big Fed cut ramp up

The dollar on Friday slumped against the yen while gold hit an all-time peak as investors ratcheted up bets for a super-sized Federal Reserve interest rate cut next week after media reports suggested the decision was a tough one for officials.

1 hour ago
Regulations premium

New bill sets stage for Prabowo’s planned state revenue agency

The promised state revenue agency would be responsible for boosting tax revenue to fund Prabowo's campaign promises.

15 hours ago
Markets

ECB cuts interest rates as growth dwindles

The European Central Bank cut interest rates again on Thursday as inflation slows and economic growth falters, but provided almost no clues to its next step, even as investors bet on steady policy easing in the months ahead.

15 hours ago

The Latest

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Regulations premium

Latest budget plan makes room for new ministries, Tommy says

The deputy finance minister has revealed that the 2025 state budget plan has adequate fiscal space for the agenda of Prabowo's incoming government, including the creation of any new ministries under a law revision that eliminates the cap of 34, which is expected to be passed before the end of this month.

20 hours ago
Companies premium

Qatari dairy producer expresses interest in free meal program, ministry says

The agricultural minister says Qatari dairy giant Baladna has expressed interest in supplying milk as well as investing in Indonesia's dairy industry to help support Prabowo's flagship program, which is projected to need 3 million tonnes of imported milk to meet its distribution target next year.

20 hours ago
Regulations

Australia threatens fines for social media giants enabling misinformation

The government said it would make tech platforms set codes of conduct governing how they stop dangerous falsehoods spreading, to be approved by a regulator. The regulator would set its own standard if a platform failed to do so, then fine companies for non-compliance.

21 hours ago
Markets

Asian markets rally with Wall St after US inflation eases further

A surge in tech firms Thursday helped Asian markets track a Wall Street rally after data showed US inflation at a more than three-year low, reinforcing expectations the Federal Reserve will cut interest rates next week.

1 day ago
Markets premium

Biomass export boom brings risks of deforestation

The increasing domestic use of wood pellets and wood chips and skyrocketing exports to Japan and other markets present a business opportunity but also raise environmental concerns.

1 day ago
tech

China ‘dissatisfied’ with new Dutch export controls on ASML chipmaking tools

China is "dissatisfied" with the Dutch government’s decision to expand export controls on ASML chipmaking equipment, the Chinese commerce ministry said in a statement on Sunday.

4 days ago
tech

Durov says Telegram will tackle criticism of how it moderates content

Durov, who was last week placed under formal investigation in France in connection with the use of Telegram for crimes including fraud, money laundering and sharing images of child sex abuse, announced the move in a message to his 12.2 million subscribers on the platform.

6 days ago
tech

X vows to end harvesting of EU users' personal data to train its AI

The social media giant, previously known as Twitter, suspended last month its processing of personal data contained in the public posts of users in the European Union and European Economic Area to train its Grok AI chatbot in the past three months.

1 week ago
tech

Apple set for music, TV streaming fight in India after Airtel deal

The US technology giant, working to boost revenue globally from services including apps, payments and media, is set to offer free music and video streaming to many of Bharti Airtel's 281 million customers.

1 week ago
economy

Chinese exports top forecasts but imports slow sharply

China's exports jumped in August but imports fell well short of expectations, data showed Tuesday, as the country's leaders struggle to boost consumption in the world's second-largest economy.

2 days ago
economy

How a taxi driver in El Salvador got rich with Bitcoin

Three years ago, the leader of the Central American nation took a huge gamble when he put bitcoin into legal circulation in a bid to revitalize El Salvador's dollarized, remittance-reliant economy.

4 days ago
companies

BATIC marks milestone as Southeast Asia’s largest int’l telecom conference

The Bali Annual Telkom International Conference (BATIC) 2024 was successfully held on Aug. 27-30, 2024 at the Bali International Convention Center of the Westin Resort in Nusa Dua.

3 days ago
companies

US takes on Google's ad tech empire in antitrust trial

The trial in a federal court in northern Virginia follows a separate case where a judge last month found Google's search business to be an illegal monopoly. 

4 days ago
companies

Malaysia Airlines finds 'potential issue' on A350-900 engine

Malaysia Airlines' fleet of A350-900 planes "recently underwent a precautionary inspection, during which a potential issue with high-pressure fuel hoses on one aircraft was identified," the carrier said in a statement.

6 days ago
regulations

Australia threatens fines for social media giants enabling misinformation

The government said it would make tech platforms set codes of conduct governing how they stop dangerous falsehoods spreading, to be approved by a regulator. The regulator would set its own standard if a platform failed to do so, then fine companies for non-compliance.

21 hours ago
regulations

Singapore passes bill recognizing ride-hail, delivery gig workers as distinct labor class

Cabbies, private-hire drivers and freelance delivery workers who rely on online matching platforms for income will get better labor protection in Singapore from Jan 1, 2025.

1 day ago
regulations

Japan premier hopeful Kato calls for stimulus, doubling household income

Katsunobu Kato, Japan's former health minister and a candidate running in the ruling party leadership race, on Tuesday called for compiling a stimulus package to fund spending to boost domestic investment and revitalize regional economies.

3 days ago
markets

Dollar droops, gold at record high as bets for big Fed cut ramp up

The dollar on Friday slumped against the yen while gold hit an all-time peak as investors ratcheted up bets for a super-sized Federal Reserve interest rate cut next week after media reports suggested the decision was a tough one for officials.

1 hour ago
markets

ECB cuts interest rates as growth dwindles

The European Central Bank cut interest rates again on Thursday as inflation slows and economic growth falters, but provided almost no clues to its next step, even as investors bet on steady policy easing in the months ahead.

15 hours ago
markets

Asian markets rally with Wall St after US inflation eases further

A surge in tech firms Thursday helped Asian markets track a Wall Street rally after data showed US inflation at a more than three-year low, reinforcing expectations the Federal Reserve will cut interest rates next week.

1 day ago
markets

Stocks falter, dollar defensive after US presidential debate

Asian markets wobbled and US stock futures slipped on Wednesday after Democratic Vice President Kamala Harris and Republican Donald Trump clashed in a keenly-awaited US presidential debate.

2 days ago
markets

China stocks hit 7-month low on economic worries; HK shares fall amid Asia weakness

China stocks fell to a seven-month low on Monday, as August inflation data deepened economic worries, while Hong Kong shares declined as much as 2 percent amid weak regional sentiment.

3 days ago

Today's ePost

Fri, September 13, 2024

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