HONG KONG: Asian markets mostly rose Monday as investor attention turned from the Middle East to the global economic outlook and this week’s planned signing of the China-United States trade pact. Trading at the Philippine Stock Exchange was suspended also on Monday from the Taal Volcano eruption, which caused the suspension of classes and work in government offices. All three main indexes on Wall Street ended in negative territory following the reading, having hit new highs, with profit-taking also playing a role. On foreign exchanges, the dollar was down against most high-yielding, riskier units as confidence returns to markets after the volatile start to the year, with the Indonesian rupiah rallying 0.7 percent and the South Korean won rising 0.5 percent. In early European trade, London and Paris each rose 0.2 percent, while Frankfurt added 0.3 percent.

Source: Manila Times January 13, 2020 16:18 UTC