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Asian shares at four-month low on deepening U.S.-China trade war


Friday, 24 May 2019 09:41 WIB

MSCI Asia PacificSaham Asia


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Asian shares hobbled near four-month lows on Friday and crude oil plunged on worries the U.S.-China trade spat was developing into a more entrenched strategic dispute between the world’s two largest economies, pushing investors to safe-haven assets.

MSCI’s broadest index of Asia-Pacific shares outside Japan stood flat, hovering near its fresh four-month low marked on Thursday, and was on track for a third straight weekly loss, down 0.9% so far on the week.

Japan’s Nikkei average dropped 0.6%.

Source: Reuters


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