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MSCI proposes moving Indonesia from emerging to standalone market status

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Coverage spectrum

Covered by 3 outlets, mostly left-leaning (67%).

10 articles in total. The spectrum counts each outlet once and leaves opinion out. How we measure bias

Woman in hijab using phone before stock price board at Indonesia Stock Exchange.
Image via The New York TimesHow images are chosenReport this image

MSCI Inc. has launched a consultation on a proposal to reclassify its Indonesia equity indexes from Emerging Market to Standalone Market status, according to Bloomberg. The Financial Times reports that the index provider warns it may cut Indonesia from its main indices. Bloomberg and The New York Times report that Indonesian stocks fell after the announcement, and analysts expect further outflows of money from them. The New York Times says the potential downgrade comes amid reported declines in investor confidence in President Prabowo Subianto’s economic policies. Bloomberg reports that the move could jeopardize billions of dollars in foreign investment.

Headline and summary written by Mantle’s AI from the coverage below, under published rules. How this works

What happened

Key points

Each point shows who reports it, from Far Left to Far Right.

  1. MSCI has launched a consultation on a proposal to reclassify its Indonesia equity indexes from Emerging Market to Standalone Market status.

    One outletBloomberg· Left

  2. MSCI has warned it may cut Indonesia from its main global indices.

    Reported byLeft2Center1See the outletsHide the outlets
    Left
    Bloomberg, The New York Times
    Center
    Financial Times

  3. Indonesian stocks fell after the announcement.

    One side only: the leftReported byLeft2See the outletsHide the outlets
    Left
    Bloomberg, The New York Times

  4. Analysts expect further outflows of money from Indonesian stocks.

    One outletBloomberg· Left

  5. The potential downgrade comes amid reported declines in investor confidence in President Prabowo Subianto’s economic policies.

    One outletThe New York Times· Left

What is contested

Where accounts differ

Points the coverage does not agree on, and who says what.

  • MSCI has decided that Indonesia no longer merits emerging-market status.

    Bloomberg reports that MSCI said the country no longer merits emerging-market status. Earlier Bloomberg and Financial Times reports describe a consultation on a proposal and a warning that a cut may come.

How each side tells it

Compare views

All sides report that MSCI has proposed or warned of removing Indonesia from its main indices, a risk to foreign investment. Left outlets focus on market reaction, with stocks falling and analysts expecting outflows; the center’s Financial Times coverage focuses on the index warning and investability.

  • the left

    2 outlets

    Left headlines center on the market reaction, with Indonesian stocks sinking or plunging, and on the risk of ejection from global indexes; the New York Times adds the Prabowo policy angle in its description.

    Indonesian Stocks Plunge as MSCI Loaded verb“Threatens”Threatens presents a proposed index review as a hostile act, while MSCI’s statement describes a consultation on a possible cut.More neutral: may dropDisagree with this highlight? to Drop Market from Indexes
    The New York TimesLeftAll left-leaning headlines

  • the center

    1 outlet

    The center’s only coverage is one Financial Times report, published twice, whose headline says MSCI warns it may cut Indonesia from main indices and frames the story around investability concerns.

    MSCI warns it may cut Indonesia from main indices
    Financial TimesCenterAll center headlines

  • the right

    No coverage yet

    No right-leaning outlet that Mantle follows has covered this story yet. That absence is part of the picture.

The words they chose

Language to notice

Words that carry a judgement beyond the facts. Tap a highlighted word anywhere on the page to see why.

  • Left2

    deepening crisis of investor confidenceThreatens

  • Center0

    No loaded words in its own voice.

  • Right

    Has not covered this story.

In the outlets’ own words

  • Sensational language

    deepening crisis of investor confidenceMore neutral: declining investor confidence

    Crisis and deepening describe the scale of investor doubt more strongly than the reported evidence establishes.

    …downgrade by MSCI, an influential index provider, adds to a deepening crisis of investor confidence in the economic policies of Indonesian President Prabowo Subianto.

    Used byThe New York Times (Left)

  • Loaded verb

    ThreatensMore neutral: may drop

    Threatens presents a proposed index review as a hostile act, while MSCI’s statement describes a consultation on a possible cut.

    Indonesian Stocks Plunge as MSCI Threatens to Drop Market from Indexes

    Used byThe New York Times (Left)

See the full language guide

See for yourself

Side by side

What each side leads with and what it leaves out. Open a side to read its headlines.

From the left

2 outlets

Leads with

  • stock market sell-off
  • fears of foreign capital flight
  • President Prabowo’s economic policies
  • billions in foreign investment at risk
See the 2 headlines from the leftHide the headlines

From the center

1 outlet

Leads with

  • MSCI’s warning of a possible cut
  • investability concerns
  • Southeast Asia’s largest economy
See the headline from the centerHide the headlines

From the right

0 outlets

No right-leaning outlet that Mantle follows has covered this story yet. That absence is part of the picture.

Articles you open from here build My Mix, a private picture of how your reading spreads across the spectrum, kept on this device. What is My Mix?

The left is Far Left and Left together. The right is Right and Far Right together. Every outlet keeps its own five-point rating.

Who reported it when

How the coverage built up

  • Left

    First to report

    Bloomberg, Oct 15, 4:59 PM EDT

  • Center

    3 hr 45 min later

    Its first report, Oct 15, 8:44 PM EDT

  • Right

    No report yet

    From the outlets Mantle follows

See the order the outlets reported inHide the order
  1. BloombergLeftOct 15, 4:59 PM EDT
  2. Financial TimesCenterOct 15, 8:44 PM EDT
  3. The New York TimesLeftOct 16, 5:29 AM EDT

Times are the ones the outlets published in their own feeds, in Eastern time. Opinion is left out.

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