Prabowo Risks Prompt Global Banks to Pull Cash Out of Indonesia – Bloomberg.com

Prabowo’s Moves Could Trigger Major Global Banks to Withdraw Funds from Indonesia

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Prabowo’s escalating political risks have set off alarm bells among global banks, leading some to rethink their investments and pull funds out of Indonesia, Bloomberg reports. This shift highlights mounting uncertainty shaking the nation’s financial landscape

Surge in Oil Prices Shakes Pakistan’s Already Fragile Economy – The New York Times

Soaring Oil Prices Deepen Crisis in Pakistan’s Fragile Economy

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A sharp rise in global oil prices has intensified Pakistan’s economic woes, exacerbating inflation and widening the trade deficit. The surge threatens to destabilize the already fragile economy amid ongoing fiscal challenges.

Breakingviews – China’s property reset comes with a heavy price – Reuters

China’s Property Reset: The High Cost of Transformation

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China’s property sector faces a painful adjustment as debt-laden developers grapple with tightening regulations and slowing demand. Reuters’ Breakingviews highlights the heavy economic and social costs of this reset.