Emerging markets - Philippine and South Korea stocks lose more ground as Asian market weaken due to US inflation

MANILA, March 11 (Reuters): Several emerging Asian equities slid on Friday after red-hot US inflation data cemented expectations of more aggressive rate hikes globally, while talks between Russia and Ukraine failed to make much headway in de-escalating tensions.

Share markets in Malaysia plunged more than 1%, while those in the Philippines and South Korea also lost further ground.