
President Prabowo's new state trading entity — registered a day before the announcement — will control Indonesia's biggest commodity exports by September.

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Indonesia is overhauling its trade policies for key commodities in a sudden move that some experts liken to a hostile takeover of major industries in the resource-rich nation

Indonesia is overhauling its trade policies for key commodities in a sudden move that some experts liken to a hostile takeover of major industries in the resource-rich nation

The report pointed to a direct connection between global commodity shifts and domestic macroeconomic indicators, noting that higher energy costs will inevitably test the country's external balance sheet

Gold advanced as traders assessed the latest setbacks surrounding U.S.-Iran talks and its impact on reopening the Strait of Hormuz. Read on