Bank Indonesia raises benchmark rate to 5.75% in third hike this month to shore up rupiah Bank Indonesia raised its policy rate to 5.75% on June 18, 2026, aiming to …
Business
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Business
Indonesia jails four former state venture capital executives over Tanihub $25m loss
by Sato Asahiby Sato AsahiJakarta Court Jails Four in Tanihub Corruption Case Over $25M Venture Investment Jakarta court convicts four former state venture-cap executives in the Tanihub corruption case for approving a $25 million …
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Business
OpenAI announces targeted in-chat ads for ChatGPT users in Japan
by Sato Asahiby Sato AsahiOpenAI to Launch ChatGPT Ads in Japan, Targeted Within Conversations OpenAI will begin showing ChatGPT ads in Japan, inserting interest-matched adverts into user chats as the company expands monetization and …
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Business
Philippine Central Bank Raises Rate 25 Basis Points to Curb Fuel-Driven Inflation
by Sato Asahiby Sato AsahiPhilippine central bank raises interest rate as inflation stays above target Philippine central bank raises interest rate by 25 basis points on June 18, 2026, to curb inflation driven largely …
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Business
Japan and South Korea stocks hit record highs on U.S.-Iran peace deal
by Sato Asahiby Sato AsahiJapan and South Korea stocks surge to record highs after U.S.-Iran deal and AI optimism Japan and South Korea stocks rose to record highs on June 18, 2026, driven by …
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Uber launches in Nepal to challenge 30 domestic and foreign rivals
by Sato Asahiby Sato AsahiUber Nepal Launches in Kathmandu, Eyes Tourists and Local Partnerships Uber Nepal launches in Kathmandu with a June 5 soft launch, aiming at tourists and local partners while facing about …
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Tokyo Electron predicts chip equipment will become pillar of Japan’s economy
by Sato Asahiby Sato AsahiTokyo Electron says it can outpace Chinese rivals as chips equipment demand lifts Japan’s industry Tokyo Electron confident it can keep a technological edge despite Chinese self-sufficiency drive, positioning semiconductor …
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Marvell deepens TSMC partnership to drive high-speed AI connectivity
by Sato Asahiby Sato AsahiMarvell-TSMC partnership deepens as Marvell doubles down on high-speed connectivity for AI data centers Marvell expands collaboration with TSMC, pursuing A14 production technology while positioning high-speed connectivity as the central …
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Business
Woodside Energy forecasts US LNG demand surge as sales and oil rise
by Sato Asahiby Sato AsahiWoodside Energy to Ramp LNG Exports as U.S. Appetite Fuels Recovery of Major Investments Woodside Energy sees strong U.S. demand for LNG as the Australian producer ramps up exports to …
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Business
Nippon Steel says U.S. Steel workers welcome acquisition but reforms remain incomplete
by Sato Asahiby Sato AsahiNippon Steel Sees Early Gains One Year After U.S. Steel Acquisition, Mori Says One year after buying U.S. Steel, Nippon Steel reports early operational gains but warns more reform is …