Indonesia on track to launch B50 biodiesel programme on July 1, minister says, advancing palm oil fuel mandate

US to fast-track grid connections for AI data centers, accelerating power infrastructure buildout to meet surging electricity demand from tech sector

The U.S. plans to fast-track grid connections for AI data centers, boosting power infrastructure buildout.

Indonesia weighs scaling back Prabowo's flagship free meals program with another $2B+ budget cut, reducing kitchens and beneficiaries.

Indonesia is preparing to scale back President Prabowo Subianto's flagship free meals program, with officials weighing another budget cut of more than $2 billion along with reductions in kitchens and beneficiaries.

MSCI warns Indonesia may face reclassification from emerging to frontier market by November if sufficient progress is not evident, potentially triggering further foreign outflows.

MSCI warned that if sufficient progress is not evident by November, it could consider options including a consultation on reclassifying Indonesia from an emerging market to a frontier market, a move that could trigger further foreign outflows.

Chinese banks curb retail precious metals trading channels, tighten risk controls amid market concerns

Major Chinese banks are restricting retail precious metals trading services and tightening risk controls amid risk concerns.