Tag
indonesia
7 articles
MSCI Drops GoTo Group, Trapping Passive Funds in Indonesia's Illiquid Market
GoTo, once valued at more than $32 billion, spent three months pinned at its exchange minimum of 50 rupiah before MSCI ejected it from its indices.
Indonesia 10-Year Yield Hits 7.45% as BI Eyes 25-50 Basis Points of Hikes
The benchmark yield jumped 10 basis points to its highest level since 2022, with Bank Indonesia expected to tighten further next week to arrest rupiah weakness.
Indonesia Deploys Aircraft, Hundreds of Personnel as Haze Spreads Across Region
Authorities deployed cloud-seeding aircraft and hundreds of personnel to six priority provinces after fires burned more than 107,000 hectares this year.
Indonesian JCI Rally Driven by Fiscal Discipline, Rate Stability
The Jakarta Composite Index rose 20 percent from its early-June low, driven by central bank rate actions and government fiscal discipline, yet foreign investors remain net sellers, signaling caution.
JBS Locks In $2.5 Billion Indonesia Deal for Asia Push as Nigeria Plans Draw Fire
JBS NV's joint venture with Danantara Investment Management targets protein markets in Southeast Asia, Australia and New Zealand, while a separate $2.5 billion Nigeria plan faces civil society opposition and threatened legal action.
Indonesia's Conflicting Nickel Quota Shows Drive Price Swings, Complicate Supply Outlook
Official denials of broad 2026 quota increases clashed with earlier expansion reports, whipsawing spot nickel prices and leaving traders without a clear read on Jakarta's production strategy.
Indonesia's JCI Nears Bull Market as Fitch Affirms BBB Rating
The Jakarta Composite Index rose 1.7 percent, pushing its year-to-date gain to 19.5 percent, as Fitch maintained Indonesia's investment-grade sovereign credit rating with a stable outlook.