For decades, financial crises have followed familiar scripts. Excessive leverage, poor governance, or external shocks would trigger instability, and regulators—however imperfectly—would step in with tools shaped by past experience. Today, that script is being rewritten. The rise of advanced artificial intelligence, particularly systems developed by Anthropic, is shifting the nature of risk itself—from financial to algorithmic.

Shares of Astra Agro Lestari (AALI) ended lower by 3.3% on Tuesday (Apr 28) on broad market sentiment. The company actually reported stronger performance than peers. It posted net profit of Rp373 billion in the first quarter, jumped by 35% from the same period last year.

Retailers performed relatively stronger in the first quarter 2026, helped by seasonal high spending from Lebaran holidays. Some of the retailers spent more cash in investing activities and hired more workers in the period.

Technology company GOTO Gojek Tokopedia finally reported net profit. In the first quarter of 2026, the company booked net profit of Rp256 billion against loss of Rp283 billion in the corresponding period last year.

Like flag carrier Garuda Indonesia (GIAA), budget airline operator AirAsia reported improvement in the first quarter on higher sales growth and lower maintenance costs.

Global rating agencies have downgraded Indonesia’s outlook from stable to negative, but yet to issue a full sovereign rating downgrade. It is about whether Prabowo administration would be willing to accept reality or facing sovereign rating downgrades.

PT North Sumatra Hydro Energy (NSHE), developer of 500 MW hydropower plant in Batang Toru, North Sumatra province, avoided laying off hundreds of workers as the company, whose permits were once revoked by President Prabowo few months back, has reportedly been cleared to resume operation.