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(Bloomberg) -- Indonesian President Joko Widodo’s behind-the-scenes backing of a presidential candidate is fracturing his government, with several ministers weighing resignation.Most Read from BloombergUpbeat Musk Can’t Soothe Tesla Investors’ Fears About GrowthRussia Says Ukraine Downed Plane Carrying Prisoners for SwapBoeing Halted From Further Max Production Increases by FAAHow Yemen’s Houthi Attacks Are Hurting the Global Supply ChainAmong them is Finance Minister Sri Mulyani Indrawati, who

Indonesian President Joko Widodo’s behind-the-scenes backing of a presidential candidate is fracturing his government, with several ministers weighing resignation. Among them is Finance Minister Sri Mulyani Indrawati, who has been integral in steadying Southeast Asia’s largest economy, according to people who asked not to be named discussing sensitive information. Others…

Skepticism over Chinese assets is spreading beyond stocks, with investors expecting the yuan and government bonds to underperform in a year when the Federal Reserve’s dovish pivot is set to buoy emerging markets. Bearish sentiment toward China has intensified as the latest data confirmed the world’s second largest economy remains…

(Bloomberg) -- Japan, Asia’s most-popular market, also has its detractors. Most Read from BloombergBlinken’s Return From Davos Was Delayed After Plane Broke DownPakistan’s Army Strikes Back at Iran as Both Sides Urge CalmApple to Sell Watches Without Oxygen Feature After Legal SetbackAirstrikes on Yemen Bring New Level of Chaos to Shipping in the Southern Red SeaNasdaq 100 Hits Record High in Tech-Fueled Rebound: Markets WrapInvestor enthusiasm for Japanese equities dominates the region, with 59

A slew of trades around the world, from bank bonds to cryptocurrencies, either blew up or rocketed higher against expectations in 2023.