SE Asia Stocks-Tumble as virus fears drown out Fed relief; Malaysia confirms bear market
Southeast Asian stock slumped on
Monday, with Malaysia confirming a bear market, as the Federal
Reserve’s unexpected move to cut interest rates failed to quell
fears over the economic impact of the coronavirus pandemic.
The Fed unexpectedly slashed its key rate on Monday to near
zero
Monday, with Malaysia confirming a bear market, as the Federal
Reserve’s unexpected move to cut interest rates failed to quell
fears over the economic impact of the coronavirus pandemic.
The Fed unexpectedly slashed its key rate on Monday to near
zero
Posted by Reuters
