Asia Pacific News
LAST UPDATE: September 3, 2025
Indian state borrowing cost rises further on weak demand from banks
India’s state governments saw borrowing costs rise and struggled to meet borrowing targets due to weak demand from banks.
Insight
Indicates tightening financial conditions for state-level funding, driven by constrained banking appetite and risk concerns.
India Banks Tell RBI They’ve Limited Room to Buy State Bonds
Major Indian banks informed the RBI that they are nearing their internal limits for state bond holdings.
Insight
Highlights potential market stress in state debt issuance and pressure on the central bank to intervene.
Indonesian leader U-turns on China visit despite deadly protests
President Prabowo cancelled his planned trip to China amid escalating and violent protests at home.
Insight
Demonstrates political instability’s influence over foreign policy and diplomatic priorities.
Rights group says 20 missing after deadly Indonesia protests
Human rights groups reported that at least 20 people went missing during recent deadly protests in Indonesia.
Insight
Raises alarm over public safety and the government’s handling of civil unrest and accountability.
