JAKARTA : Indonesian President Joko Widodo urged on Monday his country's financial regulator to strengthen supervision on capital markets in the wake of the crisis at India's Adani Group. Speaking in an annual financial services authority meeting, Widodo pointed to the depreciation of the rupee and capit
JAKARTA : Indonesian President Joko Widodo urged on Monday his country's financial regulator to strengthen supervision on capital markets in the wake of the crisis at India's Adani Group.
Speaking in an annual financial services authority meeting, Widodo pointed to the depreciation of the rupee and capital outflows from India after the meltdown in stock market values of Adani Group companies.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
India’s Adani Enterprises shelves $161m bond plan after market rout: SourcesThe is the latest in a sudden reversal of fortune for the conglomerate Read more at straitstimes.com.
Read more »
Adani’s $108 billion crisis shakes investors’ faith in IndiaAdani's investment in capital-intensive projects is at the heart of PM Modi’s growth agenda. Read more at straitstimes.com.
Read more »
Adani Enterprises shelves US$122 million bond plan: ReportAdani Enterprises has shelved a plan to raise as much as 10 billion Indian rupees (US$122 million), Bloomberg News reported on Saturday (Feb 4). The flagship firm of beleaguered Indian billionaire Gautam Adani's business empire had initially planned the public note issuance for last month, and was working
Read more »
Indian regulator reassures investors after Adani routMUMBAI: India's securities regulator said Saturday (Feb 4) that markets were stable and protected from further volatility, following a phenomenal share rout that hit the business empire of tycoon Gautam Adani. The combined market cap of Adani Group's listed companies has collapsed by around
Read more »
Indonesia ready to host negotiations on South China Sea code of conduct: Foreign minister Retno MarsudiASEAN countries have been trying to negotiate a code of conduct with China for years.
Read more »
Sumatran tiger behind near fatal attacks on farmers captured in IndonesiaThe tiger, a critically endangered animal, will be treated for its wounds and released into a national park. Read more at straitstimes.com.
Read more »