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@calvinelcheng
MA (Oxon) MSc (Oxon) Hon. Consul of Serbia 🇷🇸 to Singapore 🇸🇬 . Former appointed Parliamentarian, Singapore 🇸🇬, TECH INVESTOR.
World & Business
Indonesia's stock market fell ~11.6% on Oct 16 (biggest one-day drop in nearly 30 years) after MSCI warned of potential reclassification from emerging to standalone status. The move risks excluding Indonesian stocks from global indexes, potentially triggering $4B+ in passive outflows.