Supporters shout Rodrigo Duterte's name as they wait for his arrival at a hotel in Tokyo on Tuesday. The Philippine stock market closed lower after the Philippine president launched another tirade against the United States. (Reuters photo)Philippine shares erased early gains to close lower on Tuesday, extending losses to a fourth straight session, after President Rodrigo Duterte launched yet another tirade against the United States, while most other Southeast Asian markets ended lower. President Duterte lashed out anew at the US expressing his resentment at having foreign troops in the Philippines and told the US to forget the bilateral defence deal if he stayed in power long enough. Philippine shares closed 0.4% lower, weighed down by industrials and consumer discretionary stocks.

Source: Bangkok Post October 25, 2016 10:30 UTC