Indonesia is poised to begin importing crude oil from Russia within weeks after the two sides iron out final shipping details, the country's Energy and Mineral Resources Minister Bahlil Lahadalia said Monday.Indonesia and Russia had reached an agreement on crude oil purchases and contracts had been

China's moderately loose monetary policy continued to show effects in the first quarter, with financial aggregates expanding at a reasonable pace and social financing conditions remaining accommodative, the central bank said Monday.At the end of March, loans to the technology, green development,

Indonesia's Energy and Mineral Resources Minister Bahlil Lahadalia said here on Monday that the country has postponed plans to increase mining royalties for key metals, including copper, tin, nickel, gold, and silver."After hearing input from the public and fellow entrepreneurs, I will postpone

China's central bank on Monday said it will continue to focus on the primary task of high-quality development and implement a moderately loose monetary policy.In its report of the monetary policy implementation in the first quarter of 2026, the People's Bank of China (PBOC) said it will calibrate

China's General Administration of Customs (GAC) said Monday that it has issued a revised set of rules on inspection and quarantine for cosmetics imports and exports, in a move to safeguard public health.Effective from Dec. 1, 2026, the revised rules will strengthen coordinated oversight across the

China's production and sales of new energy vehicles (NEVs) posted year-on-year growth in April, industry data showed on Monday.A woman learns about a new energy vehicle at a car dealership in Tancheng County, Linyi City, east China's Shandong Province, April 10, 2026. (Photo: Xinhua)NEV output