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Indonesia Unveils $117 Million in Fines After MSCI Warning

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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.

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.
Indonesia (LOCATION) Fines (LOCATION) MSCI Warning (ORG) MSCI Inc. (ORG)
Originally published by Bloomberg Markets Read original →