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Indonesia to ease trading rule to lure retail investors

Bloomberg Indonesia’s stock exchange plans to cut the minimum trading price for shares and shrink the lot size in its drive to attract more retail investors and boost volumes. The bourse will revise the decade-old requirement for stocks to maintain a floor price of 50 rupiah and lower the minimum order size from 100, Laksono Widodo, director of trading and ...

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Realty cash crunch is risk for India’s shadow lenders

Bloomberg India’s property developers are finding it hard to borrow money, raising the prospect of a wave of debt defaults from the sector hitting shadow lenders that are trying to survive a funding crunch of their own. Developers have to repay about 1.29 trillion rupees a year on outstanding debt but generate less than half the amount in income that ...

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Huawei unveils foldable 5G phone

Bloomberg Huawei Technologies Co. announced a smartphone that unfolds into a small tablet computer, potentially rendering the need to carry two separate devices obsolete. The Mate X supports next-generation 5G networks and will cost $2,606 when released in the summer. It’s the second folding phone announced by a major manufacturer within a week. “We’ve been working on this folding screen ...

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