Indonesia Exports Rise 6.7% in August
Indonesia's exports increased by 6.72% year-on-year in August, reaching $26.61 billion. This figure surpassed the 4.3% increase anticipated by economists polled by Reuters.
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Indonesia's exports increased by 6.72% year-on-year in August, reaching $26.61 billion. This figure surpassed the 4.3% increase anticipated by economists polled by Reuters.
Most emerging Asian stocks and currencies were headed for monthly losses on Wednesday as higher U.S. yields and a firm dollar weighed. South Korea and Taiwan were among the regional gainers, helped by chip demand and AI investment flows.
Regional equities and currencies fell on Wednesday, with oil-importing economies and deficit countries among the weakest. The won was the only regional currency to gain in September, while Indonesia's rupiah remained the worst performer this year.
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but