Emerging markets: Singapore and Malaysia outperform all as Asian stocks hit by inflation worries


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SINGAPORE, March 8 (Reuters): Asian shares broadly reversed course to trade lower on Monday as higher oil prices raised inflation worries and offset optimism over the passage of a US$1.9 trillion US stimulus bill, while Singapore and Malaysian stocks rose on local corporate news.

Equity markets in China and the Philippines fell more than 1.5%, while in South Korea they were about 1% lower.

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