Protesters march towards the House of Representative where Philippine President Rodrigo Duterte is set to deliver his final State of the Nation Address in Quezon city, Philippines on Monday, July 26, 2021. Duterte is winding down his six-year term amid a raging pandemic and a battered economy. - AP
MANILA, July 26 (Reuters): Philippine stocks fell to a two-month low, it worst show since May 26, and led losses among Asian equities on Monday, as a sharp drop in Chinese shares and soaring Covid-19 cases in countries such as Malaysia, Indonesia and Thailand weighed on sentiment.
Chinese shares closed 2.3% lower as worries over the impact of government regulations hammered the education and property sectors, after Beijing barred for-profit tutoring in core school subjects.
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