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Asian shares falter as U.S.-China trade war, recession worries weigh


Monday, 12 August 2019 08:16 WIB

MSCI Asia PacificSaham AsiaBursa Asia


c_740_198_16777215_00_images_assets_ASIA_asian123.jpg

Asian shares fell on Monday morning, while gold prices held firm as investors worried a prolonged Sino-U.S. trade war could tip the world and U.S. economies into recession.

In early trade, MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.17%, after Wall Street broke a three-day winning streak to end lower on Friday.

Australian shares dipped about 0.1% while the South Korean market clawed back from early losses to rise 0.12%.

Markets in Japan and Singapore were closed for a holiday Monday.

Source : Reuters


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