Category: Top Stories
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Indonesia Stock Exchange CEO Steps Down Amidst $80 Billion Market Turmoil
The head of the Indonesia Stock Exchange resigned on Friday following a warning from the index provider MSCI about a potential downgrade to “frontier” market status, which led to a market rout exceeding $80 billion. The benchmark Jakarta Composite Index was trading flat a day after authorities introduced measures to address MSCI’s concerns and alleviate
