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Solar set to become world’s top energy source by 2032, BNEF says

BloombergNEF said solar power is on track to become the world’s largest source of electricity by 2032, according to its New Energy Outlook 2026 published Monday. The report forecasts that rapidly falling costs and persistent overcapacity in manufacturing will accelerate global deployment of solar energy, pushing it ahead of all other......

Indonesia’s central bank increases interest rates beyond expectations

Bank Indonesia announced an unexpected increase in interest rates during its latest monetary policy meeting, marking the first rate hike in two years. The decision reflects the institution’s efforts to maintain economic stability and control inflationary pressures amid global financial uncertainty. The central bank raised its benchmark......

Rupee and rupiah hit record lows as oil tops 111 dollars

The Indian rupee and Indonesian rupiah fell to historic lows on Monday as rising oil prices and global bond market pressure strengthened the US dollar and intensified selling across Asian emerging market currencies. The move reflected growing investor concern over capital outflows from energy-importing economies exposed to surging crude costs. The......

Indonesia strengthens defence capabilities as Rafale jets are delivered

Indonesia has reaffirmed its commitment to strengthening its military capabilities as the country continues to modernize its armed forces amid growing geopolitical uncertainty in the region. President Prabowo Subianto stated that Indonesia will further expand its defence capacity as the national air force received additional Rafale fighter......

Indonesian police dismantle major online gambling network in Jakarta

Authorities in Indonesia have arrested more than 300 foreign nationals during a large-scale police operation targeting an alleged online gambling network in West Jakarta. According to investigators, the operation was carried out inside an office complex suspected of hosting illegal digital gambling activities linked to an international cybercrime......

Deadly eruption of mount Dukono leaves hikers missing in Indonesia

A volcanic eruption at Mount Dukono in eastern Indonesia has left at least three hikers dead and several others missing, according to local rescue authorities. The eruption occurred early Friday morning on Halmahera Island in the North Maluku province. Officials reported that two foreign hikers and one Indonesian citizen lost their lives......

Asia braces for super El Niño as Middle East energy crisis deepens regional strain

Asia faces a convergence of crises that forecasters warn could strain energy systems, devastate agriculture, and push millions toward food insecurity. A potential super El Niño is forming in the Pacific just as the region grapples with a severe energy shortage triggered by the near-total closure of the Strait of Hormuz since late February,......

Iranian supertanker carrying $220 million in crude breaks through US naval blockade

An Iranian supertanker loaded with more than 1.9 million barrels of crude oil has successfully navigated past the American naval blockade and reached Southeast Asian waters, in one of the most direct challenges yet to Washington's efforts to choke off Tehran's petroleum exports. The vessel, a very large crude carrier operating under......

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