Asia/Pacific

Garuda Indonesia shares tumble as regulator orders fixing of financial numbers

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Garuda Indonesia shares tumble as regulator orders fixing of financial numbers

Indonesia's financial regulator (OJK) and stock exchange has ordered Garuda Indonesia to "repair and restate" its annual accounts - this has in turn sent the airline's shares tumbling 7.6%, its lowest level since January. The news comes just weeks after its two biggest private shareholders alleged i...

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