SE Asia Stocks-Economic, political worries pull Philippines down



By Anusha Ravindranath Oct 5 Philippine shares fell about 1.5 percent on Wednesday on growing economic concerns and as political tension heightened after President Rodrigo Duterte told his American counterpart to "go to hell." In his latest salvo, Duterte said he was realigning his foreign policy because the United States had failed the Philippines and that at some point "I will break up with America". "Increasingly Duterte has been aligning more and more with China and Russia and less with the West, so that definitely puts strain on foreign investments, especially... read more

 
5 October 2016 in World News, Views: 37
Source: Reuters
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