President Prabowo Subianto on Monday launched the first of thousands of planned new community cooperatives, betting on a top-down approach and billions of dollars in loans from Indonesia’s state banks to spur development and food self-sufficiency in the Southeast Asian nation.
China's industry ministry is planning to ban the resale of cars within six months of their initial registration, as part of efforts to combat sales of so-called zero-mileage used cars, an industry association publication reported on Saturday.
British consumer sentiment had a marked fall for the first time in nearly three years last month, reflecting increased worries about job security, a Deloitte survey showed on Monday.
Asian shares and the yen held their ground on Monday, as Japanese elections proved bad for the government but no worse than already priced in, while Wall Street futures braced for earnings from the first of the tech giants.
Life at the top is proving complex for China’s leading automaker, and there are fresh challenges on the horizon.
Oil prices barely budged on Monday, as traders eyed the impact of new European sanctions on Russian oil supply, rising output from Middle East producers, and concerns about fuel outlook as tariffs weighed on global economic growth.
