Bank Indonesia, Central bank of the Republic of Indonesia.

Bank Indonesia Ready to Stabilize Rupiah Amid US Election Volatility and Trump’s Early Lead

Bank Indonesia (BI) has announced its readiness to curb any excessive volatility in the Indonesian rupiah as early indicators show an unexpected edge for former U.S. President Donald Trump in the presidential election race. This initial lead has fueled the...
Asia Stock Markets

Yen Slides Over 1% as Japanese Stocks Rally Amid US Election Developments: Markets Bet on a Trump Edge Over Harris

The yen fell sharply against the dollar on Tuesday, slipping over 1%, as early election results from the United States appeared to hint at a potential advantage for Republican candidate Donald Trump over Democratic incumbent Kamala Harris. The currency's dip,...
Boeing

Boeing Faces a Long Road to Recovery Post-Strike

The recent seven-week strike at Boeing, which ended only last week, is far from the end of the aerospace giant's troubles. More than 33,000 factory workers in the U.S. Northwest are returning to work after narrowly voting to accept Boeing's...
China AI

China’s Generative AI Breakthrough is Reshaping Electronic Warfare

In an age where technology continuously redefines the boundaries of human capability, a new milestone in artificial intelligence (AI) has brought the idea that "words can kill" from mere philosophy into a concrete threat on the battlefield. The field of...
Facebook

Meta Fined $15.6 Million for Harvesting Sensitive Data from South Korean Facebook Users

South Korea’s Personal Information Protection Commission (PIPC) has fined US tech giant Meta $15.6 million (21.6 billion won) for illegally harvesting sensitive data from nearly a million South Korean Facebook users. The data, including personal information about users' sexual orientation,...
Drone view shows a cargo ship and shipping containers at the port of Lianyungang

Supply Chains, Costs, and Policy Uncertainty: The Ongoing Impact of US Tariffs on Chinese Imports on Businesses

China's Guangdong province, Hub renowned for its manufacturing expertise and efficiency. With a complex international supply chain, Igloo once relied exclusively on its Guangdong facility for critical hardware manufacturing. However, with the U.S.-China trade war still simmering, the company recently...
IBE Electronics relocated

Vietnam’s Rise as a Manufacturing Hub: How IBE Electronics and U.S. Tariffs Drive Investment to Bac Ninh

Vietnam's northern Bac Ninh province, a factory owned by IBE Electronics stands as a testament to the shifting dynamics of global manufacturing. Counting major players like U.S.-based electric vehicle (EV) giant Tesla among its clients, the company has become a...
Takao Doi engineering model of LignoSat

World’s First Wooden Satellite Launched into Space, Paving the Way for Timber-Based Space Technology

The world’s first wooden satellite, LignoSat, was launched into space on November 5. Developed by a team of researchers from Japan’s Kyoto University and Sumitomo Forestry, LignoSat aims to demonstrate the potential of timber as a material for space missions...
Philippine Market

Philippine Inflation Edges Up in October, Giving Central Bank Room for Continued Easing

The Philippines’ inflation rate climbed to 2.3% year-on-year in October, spurred largely by rising food prices, including increases in the national staple, rice. Despite this uptick, the inflation rate remained within market expectations, offering the Bangko Sentral ng Pilipinas (BSP),...
China's Economic Boom Days Have Passed, According to Australia’s Biggest Pension Fund

China’s Services Sector Expands at Fastest Pace in Three Months Amid Stimulus Efforts

China’s service sector experienced a robust boost in October, marking its fastest growth in three months. This upswing aligns with the Chinese government’s expansive stimulus measures aimed at stabilizing the country’s economic trajectory. A private-sector survey released Tuesday, conducted by...
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