Today's Top 3 News: Fitch Ratings Downgrades Outlook for Four Indonesian Banks

TEMPO.CO, Jakarta - Tempo English compiled the top 3 news on Friday, April 24, 2026. Here are the highlights: Fitch Ratings Downgrades Outlook for Four Indonesian Banks; BMKG Weather Forecast: Extreme Rain in Parts of Indonesia Today; and Manchester City Overtakes Arsenal at Top of Premier League Table.

The following is the list of the top 3 news on Tempo English today:

1. Fitch Ratings Downgrades Outlook for Four Indonesian Banks

Credit rating agency Fitch Ratings has downgraded the credit outlook of four major Indonesian banks. The four banks are Bank Mandiri, Bank Rakyat Indonesia (BRI), Bank Central Asia (BCA), and Bank Negara Indonesia (BNI).

However, Fitch Ratings has maintained the credit ratings of these four banks at the BBB level. This outlook downgrade is in line with the revised Indonesia's debt outlook from stable to negative in March 2026.

Fitch stated that the revision of Indonesia's debt outlook reflects increasing policy uncertainty with potential implications for medium-term fiscal direction and external buffers. Additionally, Fitch mentioned that the prolonged Iran conflict also poses "downside risk if higher global energy prices weigh on borrowers' debt serviceability."

"However, the banking system's key performance metrics have remained sound, with ample loan-loss reserves and robust capitalization, which provide adequate buffers to absorb potential deterioration under our base case," Fitch wrote in its announcement quoted on Thursday, April 23, 2026.

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2. BMKG Weather Forecast: Extreme Rain in Parts of Indonesia Today

The Meteorology, Climatology, and Geophysics Agency (BMKG) warned of extreme rain in several regions across Indonesia on Friday, April 24, 2026.

According to a post on the BMKG Instagram account (@infobmkg), heavy to very heavy rain is expected to fall in North Sumatra, South Sumatra, West Java, Maluku, and Papua.

For western Indonesia, BMKG predicts the potential for thunderstorms in Palembang, while moderate rain is expected in Serang and Bandung.

Meanwhile, light rain is forecast for Aceh, Medan, Pekanbaru, Tanjung Pinang, Padang, Jambi, Bengkulu, Bandar Lampung, Jakarta, Semarang, Yogyakarta, Surabaya, Pontianak, and Tanjung Selor.

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3. Manchester City Overtakes Arsenal at Top of Premier League Table

Manchester City has once again asserted its position as a strong candidate for the Premier League title this season. A narrow 1-0 victory over Burnley at Turf Moor Stadium, early Thursday, April 23, 2026, was enough to unseat Arsenal from the top of the standings and at the same time ensure the hosts' relegation.

Erling Haaland's early goal in the fifth minute made the difference in a match that, on paper, was completely dominated by the visiting team. A calm finish by the Norwegian striker, off an assist from Jeremy Doku, gave Manchester City the lead from the start.

This result brings City's total to 70 points from 33 matches, the same as Arsenal, but with a superior goal difference. The title race is heating up as the season enters its final phase. On the other hand, this defeat dealt a heavy blow to Burnley. They remain in 19th place with 20 points from 34 matches, trailing 13 points behind the safety zone with only four matches remaining.

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