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Nikkei drops to near 3-week low as U.S.-China trade fears hit


Friday, 8 February 2019 10:04 WIB

Nikkei 225Indeks Nikkei


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Japan's Nikkei dropped to a near three-week low on Friday morning as renewed U.S.-China trade fears curbed risk appetite, while dismal earnings results from Japan Inc. continued to sour sentiment.

The Nikkei share average sank 1.9 percent to 20,353.40 in midmorning trade, the lowest level since Jan. 17. For the week, the Nikkei is on track to post a 2 percent decline.

U.S. President Donald Trump said he did not plan to meet with Chinese President Xi Jinping before the March 1 deadline set by the two countries for reaching an agreement.

Reuters


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