Indonesia

Indonesia's benchmark stock index plunged more than 5% on Monday to its lowest level in six years, deepening a sell-off driven by fears that index provider MSCI will reclassify the country from emerging market to stand-alone status and trigger billions in foreign outflows.

Indonesia is fighting its most severe wildfire season in a decade, the BBC reports from the front line in Central Kalimantan. A toxic haze is choking millions across the region, with air pollution levels classified as hazardous to human health. The crisis has been linked to hundreds of thousands of respiratory illnesses in Indonesia and has spread across borders to Singapore and Malaysia.