Indonesia Rupiah, Stocks Slump on Tariff Shocks After Extended Break

CURRENCY - JAKARTA. Indonesia's rupiah dropped to a record low and the stock market was headed for its biggest one-day drop in over 13 years, as markets resumed trading after an extended holiday break, during which trade war jitters caused a global market rout. 

Jakarta stocks were last down 7.8%, on course to post their worst trading session since September 2011.