KM Financial Solutions | SE Asia Stocks-Most fall on renewed U.S. rate hike fears
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SE Asia Stocks-Most fall on renewed U.S. rate hike fears

SE Asia Stocks-Most fall on renewed U.S. rate hike fears

* Asian shares ex-Japan fall 0.9 pct
* Philippines drops as much as 1.3 pct
* Malaysian shares fall 0.5 pct

By Aditya Soni
Feb 28 (Reuters) – Most Southeast Asian stock markets fell
on Wednesday, tracking a sell-off in broader Asian equities, as
the U.S. Federal Reserve chairman’s comments brought back fears
of faster rate rises in the United States.
Fed Chairman Jerome Powell expressed optimism about the U.S.
economy and said recent data had strengthened his confidenc

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