The potential downgrade by MSCI, an influential index provider, adds to a deepening crisis of investor confidence in the economic policies of Indonesian President Prabowo Subianto.
Indonesian Stocks Plunge as MSCI Threatens to Drop Market from Indexes
Originally reported by New York Times. Read the full story at the original source.
Related Articles
Feel Like You’re Overpaying for Hotels? Blame Expedia, a New Lawsuit Says.
The booking giant is accused of breaking federal antitrust laws and forcing millions of customers to overspend on stays ...
Lufthansa’s Final A346 Flight Marks the End of an Aviation Love Story
Lufthansa’s quirky plane, with its extra-long fuselage, four engines and restrooms down a flight of stairs, has a devote...
After Welcoming China’s Electric Vehicles, This Country Is Paying the Price
Thailand introduced subsidies and tax cuts to encourage electric vehicle adoption. Now it is trying to recalibrate, alar...
Is Longevity Medicine Going Mainstream?
As major health systems open their own programs, longevity medicine is gaining credibility and becoming more accessible.