13 Dec SE Asia Stocks-Indonesia posts record closing high, Singapore falls after 4 days of gains
By Chris Thomas
Dec 14 (Reuters) – Most Southeast Asian stock markets jumped
on Thursday after the U.S. Federal Reserve’s caution on
inflation tempered expectations for interest rate tightening in
2018, while Singapore shares dropped after four straight
sessions of gains.
Though the Fed delivered a quarter percentage point rate
hike as widely expected, it left its rate outlook for the coming
years unchanged and projected inflation to remain shy of its
goal for another year.
Highe
Dec 14 (Reuters) – Most Southeast Asian stock markets jumped
on Thursday after the U.S. Federal Reserve’s caution on
inflation tempered expectations for interest rate tightening in
2018, while Singapore shares dropped after four straight
sessions of gains.
Though the Fed delivered a quarter percentage point rate
hike as widely expected, it left its rate outlook for the coming
years unchanged and projected inflation to remain shy of its
goal for another year.
Highe
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