Day: January 10, 2024

POJK No. 22/2023

Towards the end of December 2023, the Financial Services Authority (OJK) issued OJK Regulation (POJK) No. 22/2023. In this regulation, the OJK’s authority to carry out civil lawsuits is strengthened, but what also attracts...

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US Economic Optimism Index Rises in January

The RealClearMarkets/TIPP Economic Optimism Index in the US went up to 44.7 in January 2024, the highest in eight months, from 40 in December. The reading beat forecasts of 42, but remained in negative territory. The Six-Month...

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US Trade Gap Below Forecasts

The US trade gap narrowed to $63.2 billion in November 2023 from $64.5 billion in October and below forecasts of a $65 billion gap. It reflected a decrease in the goods deficit of $0.6 billion to $89.4 billion and an increase in...

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Consumer Morale Edges Up

Indonesia’s consumer confidence inched up to 123.8 in December 2023 from 123.6 in the previous month. Two out of six main sub-indices improved, namely households’ assessment regarding the country’s current...

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