Indonesia’s Top Stocks Face Outsized Selling, Says AllspringBloomberg MarketsIndonesiaStock marketIndonesian banks and telecommunication stocks may face further losses, as the nation’s best-run companies struggle to stay immune from any broad selloff on the risk of a downgrade by MSCI Inc., acc...
Merdeka Gold Braves Indonesia Turmoil With $559 Million OfferingBloomberg MarketsIndonesiaIndonesian miner PT Merdeka Gold Resources plans to raise about $559 million through a share sale, embarking on a major capital increase at a chaotic time for local markets.
Indonesian Rupiah: Equity reforms and hedging against downside – MUFGFXStreetIndonesiaStock marketMUFG’s Michael Wan reports Indonesia has pledged new equity-market reforms to restore investor confidence, including excluding tightly owned stocks from the Jakarta Composite Index and disclosing a...
Firefighters voice growing concerns over water supplies to tackle UK wildfiresGuardian WorldUnited KingdomHeat zonesDuring a summer fire that destroyed homes in Stourbridge, low pressure meant filling a water carrier took 40 minutesConcerns have been raised about how drought affects the UK’s ability to cope with...