Indonesia names capital markets veteran Jeffrey Hendrik as stock exchange CEO, latest bid to restore investor confidence in the world's worst-performing equity market

MSCI warns Indonesia may face reclassification from emerging to frontier market by November if sufficient progress is not evident, potentially triggering further foreign outflows.

MSCI warned that if sufficient progress is not evident by November, it could consider options including a consultation on reclassifying Indonesia from an emerging market to a frontier market, a move that could trigger further foreign outflows.

Foreign investors sell record 7.7 trillion won in KOSPI stocks on Monday, the highest net foreign sale in Korean market history.

Foreigners recorded net sales of 7.7 trillion won in KOSPI stocks on Monday, marking a record high.

China's Momenta kicks off Hong Kong IPO, targets up to $751 million

China's Momenta has launched its Hong Kong IPO, targeting up to $751 million.

Chinese banks curb retail precious metals trading channels, tighten risk controls amid market concerns

Major Chinese banks are restricting retail precious metals trading services and tightening risk controls amid risk concerns.