Most Asian FX, stocks decline; traders await US jobs report


THE South Korean won fell more than 1% on Thursday, leading declines among emerging Asian currencies as investors stayed cautious ahead of a key U.S. jobs report that is expected to provide clarity on the Federal Reserve's future interest rate trajectory.

Most Asian equities were also down, with stocks in Manila losing as much 1.2%, marking their worst day since late October.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Smart city can’t beat the traffic
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read