Bloomberg The Indonesian rupiah slumped to a seven-week low as traders positioned for a policy decision due on Thursday and concern about rising domestic virus infections damped sentiment. The rupiah dropped as much as 1% to 14,597 per dollar, the weakest level since May 29. BI is forecast to cut its key rate by 25 basis points to 4.00%. “If ...

Bloomberg Stocks and US equity futures rose, while the dollar weakened to a one-month low as progress in developing a coronavirus vaccine crossed a key milestone. European stocks staged a broad advance, with travel shares leading gains. Atlantia SpA surged 20% as Italy’s government moved to resolve a long-running dispute linked to a 2018 bridge collapse. Treasuries and gold were ...

Bloomberg Japan Exchange Group Inc. will join Japan’s Nikkei 225, becoming the index’s latest entrant following the buyout of Sony Financial Holdings. The operator of the Tokyo and Osaka exchanges will join the blue-chip index on July 29, Nikkei Inc. announced on Wednesday. SMS Co. Ltd will replace Sony Financial on the Nikkei 500 index. The outcome comes after Sony ...