Surge in Rupiah bond issuance expected, analysts predict
The forecasted surge in rupiah bond issuance is seen as a strategic move to capitalize on current economic conditions and to secure funding for various growth and development projects.
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Tokyo stock market plunges in historic sell-off amid U.S economic concerns
The dramatic downturn followed the release of disappointing U.S. jobs data for July, which revealed nonfarm payrolls significantly below market expectations and an increase in the unemployment rate. The weak data triggered concerns about a potential hard landing for the U.S. economy, spurring a global sell-off in equities. On Friday, the Dow Jones Industrial Average had already experienced its largest decline of the year, closing down 610 points.