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TikTok announces $1.5bn deal to restart Indonesia online shop

AFP, Published on 11/12/2023

» JAKARTA: TikTok on Monday announced a $1.5 billion investment in GoTo in a deal that would allow the Chinese-owned short video app to restart its online shop in Indonesia.

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US to ease Venezuela oil, gas sanctions

AFP, Published on 19/10/2023

» WASHINGTON - The United States will ease some oil and gas sanctions against Venezuela after the South American country's government and opposition agreed to hold elections next year.

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US tightens curbs on AI chip exports to China

AFP, Published on 18/10/2023

» WASHINGTON - The United States on Tuesday said it was further tightening curbs on exports of state-of-the-art AI chips to China, sending the share price of Nvidia and other semiconductor companies plummeting on Wall Street.

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'Regulate them': hard-up Indonesia traders urge TikTok sales ban

AFP, Published on 25/09/2023

» JAKARTA - As clothing seller Hendri Tanjung struggles to hawk his tunics to Indonesian buyers outside his market shop, he says customers are turning to cheaper versions on TikTok, pummelling his income.