Market News

Jakarta airports remain closed for 2nd day after volcanic eruptions

US envoys hope for new Ukraine-Russia talks soon after visits to both capitals Reuters

Gold extended a decline, as stronger-than-expected US jobs growth and rising tensions in the Middle East raised the prospects for an interest-rate hike as early as next week.

Morgan Stanley’s investment banking chief in Australia said the collapse of Bathla Group will have significant impacts on the economy at a time when sliding house prices could curb consumer spending.

Global oil markets are showing fresh signs of strain after months of war, as conflict-weary traders, anxious buyers, and under-pressure executives huddle in Singapore for the region’s main industry gathering.

Indonesia extended airport closures and halted free school meals in some areas as ash from Mount Anak Krakatau continued to disrupt activities.

China’s recent overhaul of the way homes are sold will exacerbate already stretched local government finances, fueling a 30% drop in land sale revenues, Goldman Sachs Group Inc. economists said.

Malaysia’s bonds lured record inflows in August on optimism over the impact of the artificial intelligence boom on the Southeast Asian economy.

First-day gains are getting bigger as investors pile into newly listed Indian shares.

Indonesia extended airport closures and halted free school meals in some areas as ash from Mount Anak Krakatau continued to disrupt activities. (Source: Bloomberg)