Gold prices eased toward $1,690 an ounce on Tuesday after breaching the key $1,700 level earlier in the session, weighed down by a firm dollar amid expectations that the US Federal Reserve will push ahead with its aggressive...
Read MoreThe dollar index held steady around 111.6 on Tuesday after facing pressure in recent sessions, supported by a hawkish Federal Reserve that is expected to keep raising interest rates until it sees compelling evidence that...
Read MorePresident Joko ‘Jokowi’ Widodo has on Monday (October 3) kicked off construction of plastic pipe plant worth US$125 million from PT Wavin Manufacturing Indonesia. This is only one of tens of companies already in physical construction phase in the so-called Batang Integrated Industrial Estate (BIIE).
Read MoreShares of nickel miner Vale Indonesia (INCO) fell 3.53% to Rp6,175 on Monday, trading at market capitalization of Rp61.35 trillion. The stock, however, gained 37% this year due to higher average price of nickel.
Read MoreShares of giant coal producer Bumi Resources, owned by Bakrie Group, gained 3.65% to Rp142 on Monday (October 3), valued at Rp20.4 trillion (market capitalization). The stock has gained 109% this year, but falling 26% from its peak of Rp192 on September 5, 2022.
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