Indonesia

Indonesia Stocks Plunge 11% in Worst Fall Since 1998

Indonesia's stock market plunged more than 11% after MSCI proposed removing the country from its emerging-market indexes over concerns about transparency and trading practices. The warning raises the prospect of billions in investment outflows and intensifies pressure on Jakarta's regulators.

Indonesia Court Weighs Bid to Remove Vice-President Gibran

Indonesia’s Constitutional Court is considering a petition seeking to annul Vice-President Gibran Rakabuming Raka’s election over his foreign education credentials. The case could remove him from office, although opponents argue that only Parliament can initiate the constitutional process.