ECONOMY

Indonesia's current account deficit widened to $12.5bn, or 3.3% of GDP, from 1.0% in the first quarter. Bank Indonesia blames costlier oil imports and rising demand.

Indonesia cleared 400,000 tonnes of stranded mineral exports worth US$124 million, but the rare earth content threshold that caused the freeze is still unwritten.

Indonesia's Q2 GDP beat forecasts at 5.29%. But government consumption grew 16% against household growth of 5%, and Bank Indonesia unexpectedly held rates at 5.75%.

Indonesia's sovereign wealth fund Danantara bought 25% of JBS's Australia unit for $2.5B — days after Prabowo said its own revenue figures need auditing.