Business

Indonesia to shut over 750 state-owned firms — President

Indonesia’s President Prabowo Subianto announces plans to close over 750 state-owned firms by year-end, aiming for massive corporate restructuring and cost Read More…

JD Slumps After First Decline in Over A Decade | The China Show | 8/14/2026

“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering…

Nubank Q2 2026: Profit Tops US$1 Billion for the First Time

Nubank has crossed a threshold no Latin American fintech had reached before, posting US$1.061 billion in net income in the second quarter of 2026, its first quarter above US$1 billion. Profit rose 49% from a year earlier and 17% from the…

PVL: Jaja Santiago cleared as local for Creamline stint

MANILA, Philippines — Jaja Santiago remains a local player ahead of her homecoming stint in the Premier Volleyball League (PVL). Santiago, now a Japanese citizen as Sachi Minowa, still retains her eligibility as a local when she plays for…

FTSE 100 Live: Stock Futures Rise as Stocks Globally Rally

BOJ eyeing September rate hike, faster pace of tightening, sources say

SOE restructuring saves Rp50 Trillion: Prabowo

President Prabowo Subianto said efficiency measures and restructuring carried out at state-owned enterprises (SOEs) had ...

Indonesia saves Rp50 Trillion through SOE restructuring

President Prabowo Subianto said efficiency measures and restructuring carried out at state-owned enterprises (SOEs) had ...

Tanzania’s Stanbic Bank Launches Direct Yuan Settlement for China Trade

Tanzania · FINANCE Key Facts —Launch date: Stanbic Bank Tanzania launched the direct RMB settlement service in Dar es Salaam on Wednesday, Aug. 12, 2026. —Who can use it: Corporate, commercial, small and medium enterprise, and retail…

Apple trains its own AI model for China market with Alibaba’s support, sources say

The move is a departure from the iPhone maker's strategy of relying on third-party models to power AI features in the country.

MPR says DSI strengthens Indonesia's global trade position

Chairman of the People's Consultative Assembly (MPR) Ahmad Muzani said the presence of PT Danantara Sumberdaya ...

South Africa’s Ramokgopa Says Coal Exit Won’t Follow Foreign Agendas

South Africa · ENERGY Key Facts —Coal dependence: Coal supplied about 83% of South Africa’s electricity generation in 2024, according to Statistics South Africa. —Coal reserves: The country holds about 9.9 billion tonnes of proved coal…