Bloomberg Indonesian President Joko Widodo appeared to dismiss a plan floated by senior cabinet official to extend his time in office as thousands of university students are set to protest in Jakarta over the move along with the rising costs of basic goods. Rumours have persisted for months that the leader known as Jokowi could seek to amend the ...

  Bloomberg At the 600-year-old Guildhall in the City of London, key players in a two-decade-old industry looking to remake finance are gathering. Innovate Finance’s summit — part of UK Fintech Week — aims to showcase Britain’s financial technology sector and its global ambitions. Its profile has never been higher, with soaring demand from both customers and investors — even ...

  Bloomberg US consumer borrowing surged in February by the most on record, reflecting outsized increases in both credit-card balances and non-revolving loans. Total credit jumped $41.8 billion from the prior month after a revised $8.9 billion gain in January, Federal Reserve figures showed. The increase exceeded all estimates in a Bloomberg survey of economists. On an annualised basis, borrowing ...