JAKARTA: Indonesia's finance minister said on Friday that the government will inject another 200 trillion rupiah ($11.15 billion) of liquidity into state lenders in order to boost credit, using its ...
Casablanca Finance City, Istanbul Financial Center forge strategic partnership
Casablanca Finance City Authority (CFCA) and the Istanbul Financial Center (IFC) have signed a strategic partnership aimed at boosting investment flows from Turkey into Africa through Morocco, the ...
China’s audit body censures state lenders over tax failures
China's National Audit Office (CNAO) has uncovered tax evasion and oversight failures at several major state-owned financial institutions. In its annual work report, the CNAO said the Bank of China ...
TikTok, YouTube deactivate 4.7 million child accounts in Indonesia following government curbs, minister says
JAKARTA, June 26 (Reuters) - Social media companies TikTok and YouTube have deactivated a total of around 4.7 million accounts belonging to children under the age of 16 in Indonesia, the country's ...
Indonesia Set to Boost Cash Placed in State Banks to $22 Billion
The Indonesian government will put an estimated 400 trillion rupiah ($22 billion) of its standby funds in state-owned lenders to keep on fueling economic growth, according to its finance chief.
Indonesia charges 24 foreigners over illegal gold mining
The suspects were allegedly building infrastructure around the mines in Maluku, including roads and processing facilities.
The Faint Hope for Peace Between India and Pakistan
Geoeconomics, historical precedents, and awareness of the grim dangers of renewed escalation suggest that the relationship between India and Pakistan could gradually improve.
In AI race vs. U.S., China eyes victory in lower prices and broader appeal
U.S. AI companies seem to be in the lead, but that could be short-lived as Chinese competitors offer cheaper products with more commercial appeal worldwide.
China keeps an eye on AI smart glasses as privacy concerns come into focus
Voluntary code aims to address privacy fears surrounding AI smart glasses as shipments surge and hidden recordings spark public outrage China has issued the first industry code of conduct for smart ...
Japan cancels 100 flights as twin storms approach
Japanese airlines cancelled on Friday more than 100 flights as two tropical storms barrelled towards the archipelago, with authorities advising evacuations in some areas because of possible flooding ...