Philippines trails Asia rally as virus fears mount
(WorldNews Asia)

Philippine shares extended last week’s sharp losses on Monday, trailing gains for emerging and developed markets across Asia as the country reported its biggest single-day increase in coronavirus casualties. The Philippines and Indonesia both reported big spikes in coronavirus infections over the weekend, with Manila Health Undersecretary Maria Rosario Vergeire confirming 162 deaths and more than 2,100 new confirmed infections on Monday. Jakarta’s stock market eked out some gains, as China shares again pulled regional markets broadly higher, but Manila was down as much as...