SE Asia Stocks-Fall as Yellen comments dampen sentiment



Oct 17 Most Southeast Asian stock markets fell on Monday, in line with broader Asia, as investors digested comments by U.S. Federal Reserve Chair Janet Yellen. Yellen said on Friday the Fed may need to run a "high-pressure" economy in order to reverse damage from the global financial crisis that depressed output. Her remarks, however, did not address immediate policy concerns directly and didn't change prevailing views that the Fed is likely to raise interest rates in December. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.6 percent. Philippine stocks... read more

 
17 October 2016 in World News, Views: 32
Source: Reuters
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
          1 2 3 4
    5 6 7 8 9 10 11
    12 13 14 15 16 17 18
    19 20 21 22 23 24 25
    26 27 28 29 30 31