SE Asia Stocks-Mixed; Indonesian down ahead of economic data

JAKARTA, April 11 (Reuters) – Southeast Asian stocks traded mixed on Monday as global uncertainties lingered, while the Indonesian index extended losses ahead of the release of economic data later in the week. Malaysia’s stock index lost 0.3 percent, while Thailand’s SET Index gained 0.2 percent, extending gains from Friday. “Oil price rebound should reinforce investor confidence on risky assets. However, uncertainties are expected to linger ahead of the OPEC/non-OPEC meeting scheduled o

SE Asia Stocks-Mixed; Indonesian down ahead of economic data

JAKARTA, April 11 (Reuters) – Southeast Asian stocks traded mixed on Monday as global uncertainties lingered, while the Indonesian index extended losses ahead of the release of economic data later in the week. Malaysia’s stock index lost 0.3 percent, while Thailand’s SET Index gained 0.2 percent, extending gains from Friday. “Oil price rebound should reinforce investor confidence on risky assets. However, uncertainties are expected to linger ahead of the OPEC/non-OPEC meeting scheduled o

World Bank trims 2016, 2017 East Asia growth forecasts, cites risks to outlook

SINGAPORE, April 11 (Reuters) – The World Bank trimmed its 2016 and 2017 economic growth forecasts for developing East Asia and Pacific, and said the outlook was clouded by risks such as uncertainty over China’s growth prospects, financial market volatility and further falls in commodity prices.

World Bank trims 2016, 2017 East Asia growth forecasts, cites risks to outlook

SINGAPORE, April 11 (Reuters) – The World Bank trimmed its 2016 and 2017 economic growth forecasts for developing East Asia and Pacific, and said the outlook was clouded by risks such as uncertainty over China’s growth prospects, financial market volatility and further falls in commodity prices.