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Nerves over high valuations, inflation outlook pressure Asian stocks

BENGALURU (Feb 24): Most Asian equities fell on Wednesday, shedding early gains, as investors continued to worry about overvalued emerging market assets and a higher inflation outlook even as the head of the US Federal Reserve pushed back on inflation concerns. Philippines index saw the biggest fall in emerging Asia, shedding 1.2%, as sentiment remained weak after Covid-19 restrictions in its capital were extended earlier this week.  The Asia-ex Japan index eased 1%, reversing an earlier rise ...
Jerome Powell Mitul Kotecha Genting Bhd Chinese Banking Corp Petronas Chemicals Group Bhd United Overseas Bank

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