Indonesian stocks suffered their steepest one-day fall in nearly three decades on Friday after MSCI said the country was no longer worthy of "emerging market" status, threatening billions of dollars in capital outflows from Southeast Asia's largest economy.
South Korea's benchmark KOSPI rebounded from a 6-month closing low hit in the previous session, but remained on track for its biggest weekly loss in 18 years following a brutal selloff earlier in the week on AI worries.
