AsiaShares hit 14-month lows, yen advances on trade jitters

AsiaShares hit 14-month lows, yen advances on trade jitters

Friday, September 07, 2018

Asian shares slipped to a 14-month trough on Friday as investors feared a new round of Sino-US tariffs could come at any moment, while a slump in US chip stocks rippled through the tech sector.

MSCI’s broadest index of Asia-Pacific shares outside Japan lost 0.34 percent to reach its lowest since mid-July last year.

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