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US Budget Deficit Passes US$1T in August

JAKARTA (TheInsiderStories) - The United States (US) budget gap narrowed to US$200 billion in August from $214 billion in the corresponding month of the previous...

IMF: Tariff War Lowering Global GDP by 0.8% in 2020

JAKARTA (TheInsiderStories) - The International Monetary Fund (IMF) sees tariffs imposed by the United States (US) and China could shave 0.8 percent off global...

Trump Agrees to Postpone China’s Goods Import Tariffs

JAKARTA (TheInsiderStories) - American (US) President Donald Trump said that he had agreed to delay the implementation of import tariffs on Chinese products worth US$250...

Morning Briefing: China Offers Trade Peace to US

JAKARTA (TheInsiderStories) - China offered to exclude the first set of lists of United States (US) goods to be excluded from the round of additional tariffs,...

Morning Briefing: IMF Nominates Georgieva Become Managing Director

JAKARTA (TheInsiderStories) - The executive board of the International Monetary Fund (IMF) nominated Kristalina Georgieva become the next managing director to replace Christine Lagarde position which...

China’s Trade with US Falls Sharply in August Amid Tariffs War

JAKARTA (TheInsiderStories) - China’ trade with the United States (US) is falling sharply with no sign of progress toward ending a worsening tariff war....

Weekly Briefing: Trump’s Move, Fed, ECB, Brexit Remains in the Spotlight

JAKARTA (TheInsiderStories) - Good Morning! This week, United States (US) - China trade war remains firmly in focus as new talks scheduled. In the coming...

China, US to Hold Trade Talks Next Month

JAKARTA (TheInsiderStories) - China and the United States (US) agreed to hold the senior level trade talks in early October, said commerce ministry on...

China Reports America to WTO Over the Trade Dispute

JAKARTA (TheInsiderStories) - China says it will sue the United States (US) through the World Trade Organization (WTO) dispute settlement mechanism over latest round of...

Morning Briefing: US – China Ready to Meet Again

JAKARTA (TheInsiderStories) - Good Morning! United States (US) and China maintained an effective communication and planned to have a meeting in Washington DC next month,...

Morning Briefing: Hopes of Peace Appear US – China Relationships

JAKARTA (TheInsiderStories) - United States (US) President Donald Trump believed China was sincere about wanting to reach a deal, while Chinese Vice Premier Liu He said...

US, China Trade Dispute Heats Up Again

JAKARTA (TheInsiderStories) - For the first time, United States (US) President Trump expressed his regret that his trade war with China had spiraled into an international...

US’ Fed has Limited Space to Form the Policy, says Powell

Jakarta (TheInsiderStories) -The Chair of United States (US) Federal Reserves (Fed) Jerome Powell highlighted that the central bank has a limited space to form...

Morning Briefing: US Deficit US$1T in 2020, Indian Rupee Fell to...

JAKARTA (TheInsiderStories) - Good morning! United States deficit is estimating worth of US$1 trillion in 2020, as President Donald Trump cut the tax an spending...

Morning Briefing: Investor Attention on BI, Fed’s Split Over the US...

JAKARTA (TheInsiderStories) - Good morning! This afternoon, board of governors Bank Indonesia (BI) will announce their monetary policy stance. Last July the central bank has...

Moody’s: Indonesian Textile Companies Not Immune to US – China Trade...

JAKARTA (TheInsiderStories) - Moody's Investors Service rated that the United States (US) - China trade dispute could lead to an influx of Chinese yarn, fabric and...

Trump Postpones the Imposition of New Tariffs to China

JAKARTA (TheInsiderStories) - The United States (US) decided to postpone the imposition of new tariffs on imported products from China to limit holiday session, said the...

Global Recession Odds for the Next Eight Months

JAKARTA (TheInsiderStories) - The trade war has escalated beyond expectations and the stakes are high for the global economy, said Steve Cochrane, Moody’s Analytics Asia-Pacific...

IHS Markit: Assessing the Risk of a Currency War

JAKARTA (TheInsiderStories) - People's Bank of China has devalued the Renminbi become weaker than RMB7 against the US Dollar for the first time since the global...

Impact of US Treasury Decision to Designate China as ‘Currency Manipulator’

JAKARTA (TheInsiderStories) - The escalation of the United States (US) - China trade war pushed the Chinese Yuan through the key 7.0 threshold against the Greenback...

Morning Briefing: US – China Getting Fiercer, Financial Market is Battered

JAKARTA (TheInsiderStories) - Most of financial market in the world plummeted after China struck back United States (US) President Donald Trump' threatened to impose another...

US, China Trade War Escalates as Trump Hikes Tariffs on China

JAKARTA (TheInsiderStories) - President Donald Trump’ decision to impose a tariff rate of 10 percent on an additional US$300 billion of Chinese products is...

Again, Trump Threatens 10% Tariffs on Chinese Goods

JAKARTA (TheInsiderStories) - President Donald Trump announced the United States (US) will apply 10 percent tariff on US$300 billion' Chinese goods startingSept. 1. The announcement...

Morning Briefing: Trump Threatens China Again

JAKARTA (TheInsiderStories) - Good morning! United States (US) President Donald Trump again will impose 10 percent tariffs for US$300 Chinese goods on September. The announcement immediately shook...

US, China Continues Trade Talk in September

JAKARTA (TheInsiderStories) - The United States (US) and China have not yet reached the "final vocabulary" in the 12th round of trade negotiations in...

Finally US’s Federal Reserves Cut the Rate Since 2008

JAKARTA (TheInsiderStories) - After get pressured from United States (US) President Donald Trump, the Federal Reserve (Fed) finally cut its benchmark rate by a quarter-point to...

Pompeo to Meet Iran’s Leader to Discuss US Foreign Policy

JAKARTA (TheInsiderStories) - United States (US) Secretary of State Michael Pompeo said Thursday he was happy and willing to go to Tehran to discuss...

US, China Trade Talks Set to Resume Next Week

JAKARTA (TheInsiderStories) - United States (US) delegation is expected to travel to China for trade talks next week, US Treasury Secretary Steven Mnuchin on...

Morning Briefing: US Lighthizer to Visit China for Trade Talks

JAKARTA (TheInsiderStories) – Good morning! As an effort to rein the tension between United States (US) and China, Trade Representative Robert Lighthizer are heading...

Morning Briefing: China’s GDP the Weakest since 1992

JAKARTA (TheInsiderStories) – Good morning! China' second-quarter economic growth only grow 6.2 percent, slower than the first quarter of 6.4 percent, as domestic and foreign...