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Nickel prices stay high as Iran war adds to Indonesia output cut: S&P

Commodities Sulfur shortage and Jakarta’s pricing policy send battery feedstock value soaring A nickel processing plant operated by Vale Indonesia in Sorowako, South Sulawesi province. © Reuters ISMI DAMAYANTI and REZHA HADYAN JAKARTA — Nickel prices are expected to stay high throughout 2026 as Indonesia pushes its production cut plans and the Iran war disrupts […]

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Asia’s airlines cut more flights as fuel prices soar

Transportation March passenger volume up 8.5% on Europe demand but uncertainty looms Planes sit on the tarmac at Kansai International Airport in Osaka. Some airlines have benefited from higher demand between Asia and Europe. (Photo by Hiromasa Matsuura) SINGAPORE — Rising fuel prices are prompting Asian airlines to cut more flights in the coming months, with a […]

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Indonesia’s GoTo posts 1st quarterly net profit as fintech business surges

Technology Superapp also attributes turnaround to “premium” segment and AI strategy Indonesian superapp GoTo, which includes ride hailing service Gojek and online marketplace Tokopedia, reported its first-ever quarterly net profit on April 28. (Photo courtesy of GoTo) JAKARTA — Indonesian superapp company GoTo on Tuesday announced its first quarterly net profit ever, driven by rapid expansion of […]