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Asean markets fall on weak China Dec trade data, Indonesia leads losses


  • Markets
  • Monday, 14 Jan 2019


BENGALURU: Southeast Asian stock markets fell on Monday in line with broader Asian peers, with Indonesia taking the biggest hit as China's lower-than-expected export and import data for December stifled last week's optimism ensuing from Beijing and Washington progressing on trade talks.
      
Exports from China, which is the region's biggest trade partner, in December unexpectedly fell 4.4 percent from a year earlier — the biggest monthly drop in two years — compared to a Reuters poll of a 3 percent rise, pointing to further weakening in the world's second-largest economy.

Markets , ASEAN

   

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