Garuda Indonesia's financial loss last year was almost five times the loss it recorded in 2024.

Li Xiong, the former chairman of the Huione Group under the Prince Group, is a core member of alleged scam kingpin Chen Zhi's "criminal gang", according to Chinese state media.

Preliminary findings suggested that the cause was system malfunction - but did not specify how many cars had been impacted. 

Russia could prove to be an unlikely supplier for some Asian countries after the United States issued a temporary waiver of sanctions for its attack on Ukraine.

Crude prices, however, jumped on lingering worries about the closure of the strategic Strait of Hormuz.