Rupiah Leads Asia Currencies Lower This Week Amid Global Selloff

Asian currencies fell this week, led by Indonesia’s rupiah and South Korea’s won, amid a global selloff in equities and debt.

Asia stocks mixed ahead of Yellen testimony; Nikkei falls 0.3%

Asian stock markets were mixed on Thursday, as investors looked ahead to testimony from Federal Reserve Chair Janet Yellen in front of the Senate later in the day for clues regarding the future of course of U.S. monetary policy.

Malaysian Economic Growth Accelerates Before Fiscal Tightening

Malaysia’s economy expanded at the fastest pace in three quarters as exports recovered and domestic demand held up before Prime Minister Najib Razak raised fuel prices in September.