SINGAPORE, March 15 (Reuters): Philippine shares fell sharply on Monday, as rising Covid-19 cases prompted new local restrictions, while the latest rise in US bond yields quelled appetite for the region's other emerging markets.
Stocks in India and China fell more than 1%, while in South-East Asia, Singapore and Malaysia eked out gains as the $1,400 direct payments from the $1.9 trillion U.S. package make their way to households.
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