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Posted on June 2, 2020

Indonesia bonds, rupiah jump as yield-hungry investors return

Rupiah hits 12-week high, 10yr yield hits 12-week low. Dollar weakness drives search for yield – analyst. Writes through, addin …

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Posted on June 2, 2020

Nissan to close two plants amid financial struggle from pandemic

Japanese automaker Nissan plans to close auto plants in Spain and Indonesia after sinking into the red for the first time in 11 years as the …

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Posted on June 2, 2020

India’s Credit Rating Cut Puts It One Step Away From Junk

India’s credit rating moved one step closer to junk after Moody’s Investors Service downgraded the nation to the lowest investment grade level and surprised economists by keeping it on a negative …

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