Equities wavered on Wednesday as sentiment was knocked by a sell-off on Wall Street that was sparked by data indicating the US economy and jobs market remained robust, further denting hopes for interest rate cuts.

Asian markets extended a global rally Thursday after below-forecast US inflation provided a much-needed shot of relief to investors and revived hopes for

ASIAN markets tumbled on Monday after an outsized US jobs report dealt another blow to hopes for more interest rate cuts, while oil extended a rally sparked by new sanctions on Russia’s energy sector.

Indonesia plans to start offering carbon credit certificates to international buyers next week, the country's carbon exchange said, to raise funds to help efforts to achieve its carbon neutrality target.

Markets extended a global rally Thursday after below-forecast US inflation provided a much-needed shot of relief to investors and revived hopes for interest rate cuts this year. The inflation figures tempered worries that the Federal Reserve might not cut rates this year -- or possibly even hike them -- following a blockbuster jobs report on Friday.

Asian markets extended a global rally Thursday after below-forecast US inflation provided a much-needed shot of relief to investors and revived hopes for interest rate cuts this year.

People walk inside the Korea Exchange (KRX) building, as stock markets in Asia as a whole have been affected by the intensifying political turmoil over president Yoon Suk Yeol’s role in martial law, in Seoul, South Korea, on Dec. 9, 2024.

Even as trading and dealmaking surge, lending growth is muted.

Bank Indonesia lowered its benchmark seven-day reverse repo rate to 5.75% on Wednesday, snapping a three-meeting run of standing pat. It lowered its overnight deposit facility rate to 5.25% and lending facility rate to 6.50%.

Bank Indonesia cut its benchmark seven-day reverse repo rate to 5.75% on Wednesday, snapping a three-meeting run of standing pat. It lowered its overnight deposit facility rate to 5.25% and lending facility rate to 6.50%. All seven economists polled by The Wall Street Journal had forecast a hold.

The Indonesia stock market has finished lower in back-to-back sessions, surrendering more than 130 points or 1.8 percent along the

Scrolling on social media, Indonesian moviegoer Jessica Sihotang stumbled across a film depicting a fellow woman in her 30s struggling to make the dream of buying a Jakarta home a reality.