Author: Press Room

RUPIAH’S SLIDE FUELS INVESTOR CONCERNSWhile analysts stress that Indonesia’s economy is far stronger than it was during the late 1990s crisis, the sharp decline has still unsettled investors and reignited concerns over inflation and policy direction.“The increasing oil prices are certainly unfavourable, and this leads to some concerns on the inflation front,” said Roman Ziruk, a senior market analyst at fintech firm Ebury.“With regards to domestic factors, investors have worried about the fiscal situation, and central bank independence.”Economists note that Indonesia’s economic fundamentals today are considerably stronger than in the past.Banks are better capitalised, foreign reserves are healthier and economic…

NEWYou can now listen to Fox News articles! A Brooklyn woman who drowned her three children in the Atlantic Ocean near Coney Island’s famous boardwalk will spend decades behind bars.Erin Merdy, 34, was sentenced Wednesday after pleading guilty earlier this year to first-degree murder charges in the 2022 deaths of her 7-year-old son Zachary, her 4-year-old daughter Liliana and her 3-month-old son Oliver.”No sentence can fully measure the loss of a seven-year-old, a four-year-old and a three-month-old baby, or the grief their loved ones will carry forever,” Brooklyn District Attorney Eric Gonzalez said in a statement.”We sought the strongest possible…

Benchmark KOSPI rises more than 8 percent following deal to avert strike at top memory chip maker.Published On 21 May 202621 May 2026South Korea’s stock market has rallied following a last-minute deal to avert a strike that had threatened to disrupt the global supply of memory chips.Samsung Electronics and its union on Wednesday night announced a tentative agreement to settle a months-long standoff over pay, avoiding a planned 18-day walkout by some 48,000 employees.Recommended Stories list of 4 itemsend of listMarket sentiment around artificial intelligence (AI) also got a boost from US chip giant Nvidia’s announcement of a record $58.3bn profit in the last quarter.South Korea’s benchmark…

A Democratic House candidate in Texas is facing widespread condemnation and accusations of antisemitism from both parties for comments she posted on social media, including a pledge to turn an immigration detention facility into a “prison for American Zionists” if elected — drawing allegations from top Democrats that her campaign may be backed by conservative groups.Maureen Galindo is running against Johnny Garcia in next week’s Democratic primary for Texas’ 35th Congressional District, which covers parts of San Antonio and the surrounding areas. Republicans are angling to pick up the seat, which is currently held by a Democrat but was made…

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The Philippine Supreme Court’s interim ruling on Wednesday denying the Philippine ex-police chief’s bid for a temporary restraining order means the ICC warrant can now be enforced, Vida added.”We’re pursuing this so that the ends of justice may be achieved,” Vida added, warning that “there are consequences” to anyone who would try to help Dela Rosa avoid arrest.His lawyer said Wednesday he will appeal the Supreme Court ruling.Former president Duterte was arrested last year and is awaiting trial by the ICC in The Hague on charges stemming from the drug crackdown.The drug war left thousands of people dead, mostly drug…

Travis Kelce reveals he’s never fought with fiancée Taylor Swift Comedian Tom Shillue and National Review columnist Caroline Downey join ‘America’s Newsroom’ to discuss actor George Clooney’s appearance on NFL star Travis Kelce’s podcast, where the two claimed they had never gotten into an argument with their significant others. NEWYou can now listen to Fox News articles! Although Travis Kelce agreed to a one-year deal with the Kansas City Chiefs that will bring him back for a 14th NFL season, much of the recent attention surrounding the star tight end has focused less on football and more on his relationship…

NEWYou can now listen to Fox News articles! A woman was arrested after allegedly decapitating a statue of Jesus outside a Long Island Catholic church, police said.Deyonna Subert, 41, who police described as “undomiciled,” was charged with second-degree criminal mischief in connection with damage to a Sacred Heart of Jesus statue at St. Mary’s Church in East Islip, according to Suffolk County Police.Police said the statue at the church, located at 118 East Main St., was damaged on May 15 at approximately 11:15 p.m.”After an investigation by Hate Crimes Unit detectives, Deyonna Subert was arrested outside of 221 West Main…

Descrease article font size Increase article font size Two Canadian steel companies have agreed to pay $19 million to resolve allegations they knowingly failed to pay proper duties on flat-rolled steel manufactured in Europe and Asia, the U.S. Justice Department said Wednesday. From May 2019 through January 2025, Farjess Inc. and Royal Canadian Steel Inc., along with part-owner and president Feroz Jessani, misrepresented the origin of the steel as Canadian and American, the department said in a news release.The companies knew the steel was from China, Indonesia, Italy, Turkey or Vietnam, the department said.A whistleblower broker flagged the two Canadian…

NewsFeedHundreds marched in Buenos Aires against President Javier Milei’s austerity policies and cuts to Argentina’s healthcare system. Protesters said funding cuts and rising costs are worsening access to healthcare and medicines and pushing the public health system into crisis.Published On 21 May 202621 May 2026Click here to share on social mediashare-nodesSharegoogleAdd Al Jazeera on Googleinfo