Posted inSoutheast Asia

Markets losing faith in Prabowo’s grasp of economic reality

As economic bookmarks go, Indonesia’s stock market enduring its worst rout since the 1997-1998 Asian financial crisis is as ominous as they come. Jakarta stocks are cratering as Southeast Asia’s biggest economy gets caught skinny dipping, in the Warren Buffett sense. The famed investor once observed that “only when the tide goes out do you discover who’s […]

Gift this article