MANILA, March 27 (Xinhua) -- The Asian Development Bank (ADB) Thursday said "a slight weakening" of financial market conditions in emerging East Asia was noted from Dec. 1, 2024, to Feb. 28, 2025, over heightened global uncertainty surrounding economic policies and expected higher-for-longer interest rates in the United States.

The Manila-based bank said in a report that risks to the region's financial conditions outlook are tilted to the downside.

"Shifting U.S. economic policies could threaten both economic growth and disinflation progress in the region, as well as negatively affect investor sentiment," the report said, noting that concerns over global trade frictions dampened investor sentiment, resulting in portfolio outflows from the region's equity and bond markets.

According to the report, foreign investors withdrew 0.6 billion U.S. dollars from regional equity markets during the cited period, while foreign investors pulled 10.9 billion dollars from regional bond markets in the period.

"Five of nine regional equity markets recorded losses, and four of seven regional markets with available data witnessed widened risk premiums," the report said. Enditem

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