Indonesia Unveils $117 Million in Fines After MSCI Warning

Indonesia announced about $117 million in fines tied to manipulative market practices involving three companies, hours after global index provider MSCI Inc. said it was weighing a downgrade of the...

By Prima Wirayani and Norman Harsono · Bloomberg Markets

Indonesia announced about $117 million in fines tied to manipulative market practices involving three companies, hours after global index provider MSCI Inc. said it was weighing a downgrade of the country’s stock market over investability concerns.