Investors turn to ASEAN markets as inflation's grip loosens

Weakening dollar provides tailwind to region's high-growth economies

20240825N Kuala Lumpur skyline

With Malaysian equities leading the way, the rally in Southeast Asian stocks has been underpinned by expectations of a September rate cut by the U.S. Federal Reserve. © Reuters

FUMIKA SATO, Nikkei staff writer

SINGAPORE -- As expectations of a U.S. interest rate cut grow, investors have started to turn to high-growth Southeast Asia in search of markets positioned to benefit from tamed inflation.

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