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Indonesia Stocks Drop Following Initial Election Tallies

Stocks fell more than three percent in Indonesia Thursday following a weaker than expected parliamentary election performance by the country's main opposition party. Unofficial tallies suggest the Indonesian Democratic Party of Struggle (PDI-P) will need to form a coalition government after winning nearly 20 percent of Wednesday's vote. Parties must win 25 percent of the vote, or 20 percent of seats in parliament, in order to nominate a presidential candidate on their own for...

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