Bloomberg A crisis of confidence is brewing in Indonesia’s mutual-fund industry after some asset managers created products that invested in tiny, illiquid stocks, which have plunged in value. The volatility has triggered a “serious issue” in the nation’s capital markets that’s raised public concerns, said Wimboh Santoso, chairman of Indonesia’s Financial Services Authority. The regulator last year restricted sales of ...

Bloomberg Boeing Co’s newest plane, so big that its wings are hinged, finally rumbled into the skies over the Washington factory complex constructed a half century ago for the original jumbo jet. After a delay on January 24 because of high winds, the jet took off from Boeing Field on Saturday and landed successfully almost four hours later. It’s set ...

Bloomberg Indonesia’s scandal-ridden flag carrier won praise from analysts for its leadership overhaul, with its new CEO getting support from a lieutenant who was among those criticising the airline’s accounting practices. The appointment of Deputy Chief Executive Officer Dony Oskaria, who will help run PT Garuda Indonesia alongside CEO Irfan Setiaputra, raised the expectation the state-backed company will be able ...