Most Asian equities edged higher on Tuesday on signs of thawing China-US tensions, while the Philippine peso outperformed currencies in the region on bets of further interest rate hikes after data showed a spike in inflation.
KUALA LUMPUR (July 1): Malaysia, like most Asian markets, did not escape the stock equity rout in the first half of this year that was fuelled by the global tightening sparked by an aggressive US Federal Reserve, and the Ukraine-Russian war.