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Featured story2 min read

Indonesia names interim central-bank chief after governor’s surprise resignation

Perry Warjiyo resigned for personal reasons before completing his second term, and Senior Deputy Governor Destry Damayanti is serving as acting governor.

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Financial news

4 stories in this desk.
01

South Korean stocks plunge nearly 11% as chip selloff triggers trading halt

The KOSPI closed 10.8% lower after the Korea Exchange activated a market-wide circuit breaker, while technology shares also fell sharply in Japan and Taiwan.

By Genuine Update News Desk
02

U.S. investment abroad reached $7.14 trillion at the end of 2025

New federal estimates put the U.S. direct-investment position abroad at $7.14 trillion and foreign direct investment in the United States at $5.86 trillion at the end of 2025.

By Genuine Update News Desk
03

Chip selloff deepens as Wall Street ends the week lower

Semiconductor shares recorded their worst week in more than a year, adding a new test for the AI-led market rally as oil prices stayed elevated.

By Genuine Update News Desk
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