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2 weeks ago | 
bloomberg.com | Firat Kozok |Selcan Hacaoglu |Ben Otto
A KAAN jet(Bloomberg) -- Turkey will sell 48 fighter jets to Indonesia in the coming decade, President Recep Tayyip Erdogan said, as Ankara pushes to build its defense industry and increase exports of military hardware. The agreement to sell the Kaan fifth-generation planes, which Turkey is still developing, is a “record-breaking” military deal for the country, Erdogan said, without disclosing financial details.
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Mar 6, 2025 | 
news.bloombergtax.com | Ben Otto |Norman Harsono
BMW has filed a lawsuit against BYD Motor Indonesia at a Jakarta court on Feb. 26, according to the court’s website.
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Mar 6, 2025 | 
news.bloomberglaw.com | Ben Otto |Norman Harsono
BMW has filed a lawsuit against BYD Motor Indonesia at a Jakarta court on Feb. 26, according to the court’s website.
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Mar 6, 2025 | 
news.bloombergtax.com | Ben Otto |Norman Harsono
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Feb 23, 2025 | 
bloomberg.com | Chandra G. Asmara |Ben Otto
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Feb 23, 2025 | 
ca.finance.yahoo.com | Chandra G. Asmara |Ben Otto
(Bloomberg) -- A sweeping overhaul of how Indonesia runs its powerful state companies will create a multibillion-dollar investment vehicle that could give President Prabowo Subianto a major cache of funds to deploy in his effort to supercharge growth. • Sorry, Kids: Disney’s New York Headquarters Is for Grown-UpsPrabowo will launch the new body, Danantara, at 10 a.m. local time on Monday.
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Jul 26, 2024 | 
tradingview.com | Ben Otto
Australia Blocks Rio Tinto Unit From Uranium MineERARIOThe Australian government has blocked a unit of Rio Tinto from mining a vast uranium deposit in the country's remote north, effectively closing the door on a decadeslong dispute over the resource. The Northern Territory government said Friday that a lease for the Jabiluka deposits won't be renewed, coming after Energy Resources of Australia in March said it applied for a 10-year extension to its existing lease.
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May 20, 2024 | 
tradingview.com | Jiahui Huang |Ben Otto
Li Auto Profit Fell on Higher Operating Expenses — Update2015By Jiahui Huang and Ben OttoLi Auto forecast rising demand for its vehicles in the second quarter after its first-quarter profit was hurt by a steep rise in research and other operating expenses that offset higher sales. The Chinese hybrid-vehicle specialist said Monday that first-quarter net profit fell 36% from a year earlier to 592.6 million yuan ($82.0 million).
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May 16, 2024 | 
morningstar.com | Tracy Qu |Ben Otto
By Tracy Qu and Ben Otto Chinese search-engine giant Baidu reported a drop in quarterly profit but beat top- and bottom-line estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business. The Beijing-based company said Thursday that net profit in the first quarter fell 6.5% from a year earlier to 5.45 billion yuan ($754.9 million), which topped the CNY4.11 billion expected by analysts in a FactSet poll.
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May 14, 2024 | 
tradingview.com | Tracy Qu |Ben Otto
Alibaba Quarterly Profit Sinks Despite Rise in Sales — UpdateBABAAlibaba Group's profit sank in the latest quarter, even as revenue growth picked up due to higher sales in its key e-commerce, cloud and logistics businesses. The Chinese company said Tuesday that net income in its fiscal fourth quarter ended March fell 86% from a year earlier to 3.27 billion yuan ($452.1 million), well short of expectations for CNY15.27 billion in a FactSet poll of analysts.
