Harry Suhartono

Indonesian sovereign wealth fund Danantara’s planned dollar notes are unlikely to price quickly as a global bond rout clouds debt issuance, people familiar with the matter said.

Granted independence after the 1997 Asian financial crisis, Indonesia’s central bank remained one of the few institutions to retain autonomy since Prabowo Subianto became president two years ago. Now it looks set to fall more directly under his sway.

Indian financial institutions have sold a record amount of dollar bonds so far this year, as lenders rush to capitalize on a central bank facility that lowers hedging costs on overseas borrowings.

A roughly $1 trillion wave of capital spending tied to artificial intelligence could keep fixed-income markets volatile as hyperscalers race to fund infrastructure, according to the head of fixed income for Asia at Robeco.

The flood of debt financing for AI capital expenditures is causing “indigestion” in fixed-income markets and fueling yields, but that dynamic should result in decent longer-term returns for investors, according to Pacific Investment Management Co.

The flood of debt financing for AI capital expenditures is causing “indigestion” in fixed-income markets and pushing up yields, but that dynamic

The financial strain facing some of Indonesia’s biggest state-owned construction firms, rooted in former President Joko Widodo’s infrastructure drive, risks forcing current leader Prabowo Subianto’s sovereign wealth fund Danantara to spend more to overhaul them, potentially limiting its ability to pursue new investments.

The investments underscore rising unease among business elite over measures from President Prabowo.

SoftBank Group Corp. will hold meetings with investors in New York next week to sound out interest for a potential US dollar junk-bond sale, as billionaire Masayoshi Son’s investment firm presses ahead with a borrowing spree to finance its massive bet on artificial intelligence.

Singapore is open to considering pharmacological anti-androgen treatments, known as chemical castrations, for sex offenders if there is clear evidence that such measures can reduce crime.