Ghosts of ’97 haunt Prabowo as MSCI eyes Indonesia’s exit
2026, it is learning how quickly an index provider can show Southeast Asia’s biggest economy the exit, wreaking…
Asia pays the price as rich nations borrow like emerging markets
Global debt has passed US$365 trillion, and the cost of carrying it is now rising faster than any…
Indonesia’s rupiah rout is not just about the dollar
The wave of currency depreciation that battered Indonesia’s foreign exchange market throughout April and May 2026 has pushed…
Rupiah rout stoking fears of a 1997 repeat in Indonesia
TOKYO – Indonesian officials are working overtime to dismiss any suggestion that Jakarta is catching a whiff of…
Ghosts of 1997 and 2008 stir as Iran spooks markets
TOKYO — Asia is seeing ghosts again. One apparition amid tight credit markets dates to the 2007-2008 global…