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KM Financial Solutions | SE Asia Stocks-Subdued; U.S. rate hike fears prompt risk aversion
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SE Asia Stocks-Subdued; U.S. rate hike fears prompt risk aversion

28 Feb SE Asia Stocks-Subdued; U.S. rate hike fears prompt risk aversion

Posted at 04:39h in News by
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* Asian shares ex-Japan fall 0.3 pct after Wall St slide
* Singapore falls as much as 1 pct, Philippines slips 0.5
pct
* Philippine cbank raises expectations of interest rate hike

By Aditya Soni
March 1 (Reuters) – Southeast Asian stock markets were
subdued on Thursday as Wall Street’s slide overnight and revived
fears of a rise in U.S. interest rates dented risk appetite.
Federal Reserve Chairman Jerome Powell’s Tuesday remarks,
which rekindled fears of more rate incre

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