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China Passes National Security Law for Hong Kong

JAKARTA (TheInsiderStories) - National People's Congress of China has passed a national security law for Hong Kong that prohibits acts of secession, subversion, terrorism...

Trump: US – China Trade Deal Remains in Place

JAKARTA (TheInsiderStories) - President Donald Trump said the United States (US) - China trade deal remains in place shortly after a senior said on national television...

The Fed Sees US Economy Shrink to 6.5% in This Year

JAKARTA (TheInsiderStories) - The Federal Reserve (Fed) rated United States (US) economy would shrink to 6.5 percent this year. However, the central bank expects the economy will...

The Fed Hold the Benchmark Rate to Support US’s Economy

JAKARTA (TheInsiderStories) - Federal Open Market Committee (FOMC) decided to kept the Fed Funds Rate (FFR) at 0 - 0.25 percent, confirmed the intention of the central bank...

Trump Considers to Imposes Sanction for Countries Adopting Digital Tax

JAKARTA (TheInsiderStories) - United States Trade Representative (USTR) has announced is beginning investigations into digital services taxes that have been adopted or being considered by a...

US’s Economy Shrank to 4.8% in First Quarter of 2020

JAKARTA (TheInsiderStories) - United States (US) economy shrank 4.8 percent in the first quarter of 2020, the first contraction since 2014, said the secretary of commerce...

The Fed Hints to Hold Interest Rates Until US’s Economy Recover

JAKARTA (TheInsiderStories) - The Federal Reserve (Fed) decides to hold interest rates at zero to 0.25 percent and promises to keep the policy until the...

Morning Briefing: WTI Price Turns to Negative for First Time

JAKARTA (TheInsiderStories) - Good Morning! United States (US) West Texas Index (WTI) crude prices slipped into negative territory for the first time ever over storage capacity...

Global Economy: After Worst Recession in 1930s, What Path Will the...

JAKARTA (TheInsiderStories) - IHS Markit is looking past the horrific second-quarter drop in real GDP, and a deeper recession in 2020 than in 200 8 –...

Morning Briefing: Trump Unveils Guidelines for Re-opening US’s Economy

JAKARTA (TheInsiderStories) - Good Morning! President Donald Trump announced the three-stage approach called "downward trajectory" to revive the United States (US) economy as the country continues...

Morning Briefing: Oil Prices Plunges to Lowest Level in Two Decades

JAKARTA (TheInsiderStories) - Good Morning! Crude oil prices plunged to their lowest level in almost two decades amid the weak of United States (US) demand and...

OPEC+ Agrees to Cut Output 9.7MBPD to Support Oil Prices

JAKARTA (TheInsiderStories) - Organization Petroleum Exporting Countries and its allies (OPEC+) agreed to cut oil output by 9.7 million barrels oil per day, representing around 10...

US, Eurozone’s Economies Need Three Years to Recover

JAKARTA (TheInsiderStories) - The United States (US) and Eurozone’ economies could take until 2023 to recover from the impact of the COVID-19, according to a new...

US Scramble for Resources in COVID-19 Response

JAKARTA (TheInsiderStories) - Based on new IHS Markit data, the United States (US) shortage of medical supplies is being exacerbated by trade disruptions from the...

Oil Market Plunges, Need Joint Action to Rise the Price

JAKARTA (TheInsiderStories) - The global oil prices fell almost 8 percent on Thursday (03/26) amid the price war between Saudi Arabia and Russia. Yesterday, price of West...

COVID-19 to Precipitate US Recession in Second Quarter

JAKARTA (TheInsiderStories) - The spread of COVID-19 to the United States (US) is causing a sharp contraction in spending on activities that involve travel and congregating...

Trump Seeks “Big” Stimulus to Fight Coronavirus Effects

JAKARTA (TheInsiderStories) - United States (US) President Donald Trump announced a new economic stimulus and said he would take "major steps" to ease economic...

Morning Briefing: King of Dutch Meets Indonesian President

JAKARTA (TheInsiderStories) - Good Morning! King of Dutch, Willem Alexander has scheduled to meet President Joko Widodo during his visit to Indonesia starting yesterday. In...

US Removes Indonesia from Developing Countries Lists

JAKARTA (TheInsiderStories) - The United States Trade Representative (USTR) decided Indonesia is no longer in the list of developing country. The new policy has...

Indonesia’s Trade Minister Flies to Washington to Completed GSP

JAKARTA (TheInsiderStories) - Indonesia' minister of trade, Agus Suparmanto is committed to improve bilateral trade with the United States (US) by completed the Generalized System...

US’s Goods Imports Soars 35.6% from Vietnam

JAKARTA (TheInsiderStories) - United States (US) goods imports from Vietnam soared 35.6 percent last year, as businesses rushed to work around tariffs levied on mainland...

Morning Briefing: Powell Says Less Room to Cut Rates

JAKARTA (TheInsiderStories) - Good Morning! Chairman of Federal Reserve, Jerome Powell said, there is a less room to cut the rates in this year and...

US’s Fed Monitoring Coronavirus Disruption

JAKARTA (TheInsiderStories) - United States (US) Federal Reserve (Fed) chairman, Jerome Powell, his office are  “closely monitoring” the coronavirus for disruptions “that could spill over to...

China Plans to Halve American Goods Tariffs

JAKARTA (TheInsiderStories) - Global stocks extended their recovery following encouraging economic data and after China announced a cut in tariffs on some imported goods from the...

OPEC Considers to Moves March’s Meeting to February

JAKARTA (TheInsiderStories) - Organization of the Petroleum Exporting Countries (OPEC) members are considering holding an emergency meeting in February after oil prices slumped on concern the...

US Signing a Landmark Phase One Trade Deal with China

JAKARTA (TheInsiderStories) - United States (US) President Donald Trump signed the landmark of phase one trade deal with Chinese vice premier Liu He on Wednesday (01/15). The...

Morning Briefing: Phase One Trade Deal Signs Today

JAKARTA (TheInsiderStories) - Good Morning! United States (US) President Donald Trump is slated to sign the phase one trade deal with Chinese Vice Premier Liu He...

Morning Briefing: US Revokes Currency Manipulator Label from China

JAKARTA (TheInsiderStories) - Good Morning! United States (US) treasury department revoked currency manipulator label from China on Monday (01/12). The decision reversing its August finding which...

Weekly Briefing: Key Focus on Phase One Trade Deal

JAKARTA (TheInsiderStories) - Good Morning! A key focus for this week will be the expected signing of the phase one United States (US) - China trade...

US’s IDFC Prepares US$5B for Indonesia, Looking Various Projects

JAKARTA TheInsiderStories) - International Development Finance Corporation (IDFC), an independent agency under American government, prepares an investment US$5 billion for Indonesia, said the senior minister...