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.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!