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KM Financial Solutions | SE Asia Stocks-Jittery on U.S. rate risks; Philippines sheds 1.1 pct
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SE Asia Stocks-Jittery on U.S. rate risks; Philippines sheds 1.1 pct

21 Feb SE Asia Stocks-Jittery on U.S. rate risks; Philippines sheds 1.1 pct

Posted at 10:03h in News by
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* Singapore falls 0.8 pct with broad-based losses
* Philippines, Vietnam hardest hit

Feb 22 (Reuters) – Southeast Asian stock markets were
buffeted by a region-wide sell-off on Thursday as investors
fretted over the possibility of a quickening in U.S. interest
rate hikes, with Vietnam and the Philippines bearing the brunt.
The U.S. Federal Reserve’s rate-setting committee voiced
more confidence in the need to keep raising interest rates at
its latest policy meeting, minutes rele

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