Advertisement
UK markets close in 18 minutes

  • FTSE 100

    8,047.35
    +23.48 (+0.29%)
     

  • FTSE 250

    19,769.35
    +169.96 (+0.87%)
     

  • AIM

    754.94
    +5.76 (+0.77%)
     

  • GBP/EUR

    1.1623
    +0.0034 (+0.30%)
     

  • GBP/USD

    1.2438
    +0.0088 (+0.71%)
     

  • Bitcoin GBP

    53,703.57
    +792.06 (+1.50%)
     

  • CMC Crypto 200

    1,440.47
    +25.71 (+1.82%)
     

  • S&P 500

    5,062.86
    +52.26 (+1.04%)
     

  • DOW

    38,469.67
    +229.69 (+0.60%)
     

  • CRUDE OIL

    82.32
    +0.42 (+0.51%)
     

  • GOLD FUTURES

    2,331.70
    -14.70 (-0.63%)
     

  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     

  • HANG SENG

    16,828.93
    +317.24 (+1.92%)
     

  • DAX

    18,125.28
    +264.48 (+1.48%)
     

  • CAC 40

    8,106.48
    +66.12 (+0.82%)
     
Money:

What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

Indonesia president warns regulator to boost supervision after Adani rout

Reuters
Updated ·1-min read

JAKARTA (Reuters) - Indonesian President Joko Widodo urged on Monday his country's financial regulator to strengthen supervision on capital markets in the wake of the crisis at India's Adani Group.

Speaking in an annual financial services authority meeting, Widodo pointed to the depreciation of the rupee and capital outflows from India after the meltdown in stock market values of Adani Group companies.

In order to prevent these things happening in Indonesia, Jokowi, as he is widely known, warned about the negative impact of stock manipulation.

"When it slips in pump and dump, things happening just like in India, please be careful," he added.

ADVERTISEMENT

Shares in Adani Group firms have been hit with a major sell off since U.S-based short-seller Hindenburg Research made allegations of stock manipulation and unsustainable debt.

(Reporting by Stefanno Sulaiman and Ananda Teresia; Editing by Ed Davies)