CNBC Daily Open: AI demand fuels investors’ portfolios while oil posts biggest monthly decline
An interactive display featuring artificial intelligence at the iRootech Technology Co. offices in Guangzhou, China, on Wednesday, April…
Why Indonesia court verdict on failed startup investment is worrying its venture capitalists
MORE LEGAL CERTAINTY NEEDED, SAY OBSERVERS Even before the scandals surrounding TaniHub, Investree and Koinworks, Indonesia’s technology sector…
Nvidia and Firmus to build 170,000-GPU data center in Indonesia
Firmus Technologies announced a strategic compute partnership with Nvidia running through 2034, anchored by a 360-megawatt AI factory…
Prabowo risks prompt global banks to pull cash out of Indonesia
The three biggest foreign banks in Indonesia have shipped around $640 million of their earnings out of Southeast…
Australia’s Firmus announces Nvidia-backed ‘AI factory’ in Indonesia
Firmus says it will use Nvidia chips for its Indonesian data center and sell Nvidia-powered cloud services to…
China built Indonesia’s nickel boom. Will it stay for the bust?
When PT Gunbuster Nickel Industry (GNI) began operating in North Morowali, it represented everything Indonesia wanted its nickel…
MSCI keeps South Korea as emerging market, delays Indonesia review amid downgrade risk
SEOUL, SOUTH KOREA – 09 DECEMBER: People walk past the Korea Exchange (KRX) building, as stock markets in…
Indonesia hit by fuel shortages, power outages as energy crisis deepens
Energy Government temporarily suspends some coal exports to address rolling blackouts Drivers of trucks, buses and other vehicles have…
What Indonesia’s finance chief really brought back from Beijing
When Finance Minister Purbaya Yudhi Sadewa landed in Beijing last week, the official agenda appeared straightforward: secure support…
#SellIndonesia vs #SellSingapore: market sell-off fuels cross-border digital feud
A sharp sell-off in Indonesian assets has taken on a political tone online, with some social media users…
Coal prices soar on Indonesia export controls, China mine disaster
Energy Supply concerns come amid already high demand as alternative to LNG Starting this month, Indonesia’s thermal coal…
China mulls space-based control system for high-speed rail. Can it be hacked?
On a summer evening in 2011, two high-speed trains hurtling through the Chinese countryside met in a fireball…