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Search Result for “Prabowo”

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BUSINESS

Asian shares steady after earlier tech-led sell-off

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 07/02/2026

» RECAP: Asian equities regained some stability on Friday after early losses, indicating that selling pressure may be easing following a tech rout that battered Wall Street for three days amid unease about an AI bubble.

BUSINESS

Indonesian stocks fall after last week's dramatic shake-up, $80 billion rout

Reuters, Published on 02/02/2026

» SINGAPORE - Indonesian stocks slid on Monday after ​a tumultuous week during which a warning from MSCI over transparency concerns triggered an $80 billion market rout and the country's top financial regulators resigned.

BUSINESS

Indonesia stocks tank as downgrade risk triggers capital flight

Reuters, Published on 29/01/2026

» SINGAPORE - Indonesian stocks ‍on Thursday ‍were plunging toward their largest two-day fall on record as the risk of a downgrade to frontier market status triggered a headlong rush ‌for the exits.

BUSINESS

Indonesia weighs transforming Bali into a regional financial hub

Bloomberg, Published on 13/10/2025

» Indonesia is planning to create a financial hub in tourist hotspot Bali as it seeks to boost its lagging economy by attracting international banks, asset managers and private equity firms, according to people familiar with the matter.

BUSINESS

Thai baht leads Asian currencies downward

Reuters, Published on 24/09/2025

» The Thai baht lost the most among subdued Asian currencies on Wednesday, as the dollar edged up in response to cautious remarks about further monetary easing by US Federal Reserve chief Jerome Powell.

BUSINESS

Thai stocks to benefit from Indonesia turmoil

Bloomberg, Published on 14/09/2025

» Political upheaval is driving a split in Southeast Asia’s financial landscape, as investors bet that the worst may finally be over in Thailand but only just getting started in Indonesia.

BUSINESS

Indonesian minister’s sudden exit sparks alarm for global funds

Bloomberg, Published on 09/09/2025

» The sudden removal of Sri Mulyani Indrawati as Indonesia’s finance minister is bound to rattle global investors, who saw her as a voice of fiscal responsibility in an administration pushing for bigger spending.

BUSINESS

Prabowo ousts finance chief Indrawati, risking Indonesia turmoil

Bloomberg, Published on 08/09/2025

» Indonesian President Prabowo Subianto removed Finance Minister Sri Mulyani Indrawati from her post, risking renewed financial turmoil for Southeast Asia’s biggest economy following days of violent protests against his administration.  

BUSINESS

Indonesia, Thai market outlooks buffeted by political risk

Bloomberg, Published on 01/09/2025

» Intensifying protests in Indonesia and the latest leadership upheaval in Thailand are ratcheting up political risk in the two largest emerging markets in Southeast Asia.

BUSINESS

Asian shares rise with upbeat data from US

Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 19/07/2025

» RECAP: Asian stocks advanced as a global rally gained vigour on strong economic data that eased concerns about the US economy. Regional investors also believe central banks may do more to cushion tariff-related pressure on economic growth.