Emerging markets - Indonesia, Singapore and China stocks down more than 1% as S.Korea leads Asian stock markets lower

JAKARTA Jan 25 (Reuters): South Korea led Asia's emerging stock markets lower on Tuesday as investors braced for US. interest rate hikes, while Singapore's dollar gained after the central bank tightened policy in a surprise move as inflation risks rise.

Central banks worldwide are beginning to either tighten policies or signal that a shift may be coming amid growing price pressures, leading to sharp falls in stocks in recent days.