Tag: Market crashes

Global Market Turmoil Triggers $65 Billion Wipeout in Indonesia and $700 Billion Loss on US Wall Street

Key developments: A warning from MSCI that Indonesia may lose its emerging‑market classification sparked a massive sell‑off, erasing $65 billion of market capitalisation and prompting the exchange to meet MSCI for clarification. Meanwhile, in the United States, heightened oil…

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