Asean markets subdued as weak US jobs data deepens global growth concerns

  • Markets
  • Monday, 11 Mar 2019

BENGALURU: Southeast Asian stocks slipped on Monday, with Philippines losing most as weak U.S. employment data following last week's disappointing China trade data aggravated concerns about a slowdown in global growth.

Shares in the region fell after data showed that headline U.S. jobs growth stalled in February to register the smallest gain since September 2017, rattling investors who were still reeling from weak trade data posted by China on Friday.