Asian Shares flirt with 9-month low on mounting trade war fears

Asian Shares flirt with 9-month low on mounting trade war fears

Thursday, June 28, 2018

Asian stocks slumped to nine-month lows on Thursday on growing worries the US administration’s approach to trade is harming global economic growth even as it appeared to be modifying its approach to curb Chinese investments in US technology firms.

MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.25 percent to a nine-month low in early trade while Japan’s Nikkei shed 0.30 percent.

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