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Jakarta stocks retreat as Jokowi is thwarted

Developments in Parliament make investors lose faith
Tuesday, October 7, 2014 - 05:50
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Mr Joko: The durability of the Red-White coalition threatens his ability to implement his policy agenda

[JAKARTA] Indonesian stocks are tumbling at the fastest pace worldwide as investors lose faith in Joko Widodo's ability to revive South-east Asia's largest economy.

The Jakarta Composite Index has dropped 3.7 per cent since the coalition of parties opposing President-elect Joko, known as