INSUBCONTINENT EXCLUSIVE:
Asian markets traded mostly lower in early deals on Thursday, saddled by the concerns over rising Treasury yields and the US deficit
Fears that the proposed US budget bill could significantly raise the national debt, dulled investor sentiments
Concerns over weakening global economic outlook also pressured the local indices
points or 1.09% to 36,920.45, Straits Times dipped by 12.71 points 0.33% to 3,869.84, Hang Seng slipped by 131.90 points 0.56% to 23,695.88,
KOSPI Index decreased by 29.64 points or 1.13% to 2,595.94, Taiwan Weighted narrowed by 159.95 points or 0.73% to 21,643.96, FTSE Bursa
Malaysia KLCI lower 12.04 points or 0.78% to 1,532.76.On the flip side, Jakarta Composite up by 34.61 points or 0.48% to 7,177.07, and
Shanghai Composite eked higher by 0.05 points or 0.001 % to 3,387.63.
